Calls

Hi all,

First of all, my personal view on Nifty is that we are headed north ways and possibly have a long way to go in shortest time. So, tighten your seat belts and trade in the direction of trend.

Target Stop Loss

Buy Bank of Baroda 567 486
Buy Bharat Forge 313,352 270
Buy BHEL 2591 2420
Buy Honeywell Auto 2036 1770
Buy Jindal Steel & Power 714 622
LIC Housing Finance 864 768
NTPC 242 205
Sterlite Tech 315 268

Note:-
1) Honeywell Auto may consolidate before going up, a kind of throwback.
2) Jindal Steel and Power, LIC Housing Finance and Sterlite Optical are based on my trading plan, which is ideally for aggressive investors only.
3) On the basis of similar set up, SREI Int. has a target of 86.30. Due to lack of data on the stock, cannot tell the stop loss and therefore not recommended to buy.
4) Similarly, Cairn India has a target of Rs301, but due to lack of data, Stop loss cannot be given and so I did not recommend buying.
5) All above information is based on technical analysis.
6) This content is not an offer to buy. It is purely for the purpose of sharing information.