08-05-13
REVIEW:
This is the time to review your Profits on your Equity Investments. We have to plan/expect (one) 1 Up among the investments. In general, we will feel happy when there is up movement and go on waiting for best. As Investor we should know what kind of returns should take against our risk/work. If simply wait for the best after best, Professional Investors/Institutional Investors will book the profits (they are well versed in value calculations) and the technical levels will be broken and there after stock will become weak. So we advise you to review your Investments Vs Profit and book profits wherever it is possible. By that we can have liquid cash to reinvest, whenever SELECTIVE STOCKS COMES TO RIGHT PRICE.
MARKET TREND:
NIFTY SPOT LEVELS:
Pivot: 6025
Resistance: 6068/6095/6140
Support: 6000/5958/5933
NIFTY FnO BAN: NIL
STOCKS FOR DAY:
UFLEX EQ: BUY > 77 TRG 78.50 SL 76
INDOWIND EQ: BUY > 3.45 TRG 3.60 SL 3.40
JUBLIFOOD EQ: BUY > 1135 TRG 1154 SL 1117
REVIEW:
This is the time to review your Profits on your Equity Investments. We have to plan/expect (one) 1 Up among the investments. In general, we will feel happy when there is up movement and go on waiting for best. As Investor we should know what kind of returns should take against our risk/work. If simply wait for the best after best, Professional Investors/Institutional Investors will book the profits (they are well versed in value calculations) and the technical levels will be broken and there after stock will become weak. So we advise you to review your Investments Vs Profit and book profits wherever it is possible. By that we can have liquid cash to reinvest, whenever SELECTIVE STOCKS COMES TO RIGHT PRICE.
From last 30 days market has given more than 500 points. Obviously Nifty is in overbought positions. In general climbing will be done step by step, but sliding will not have that feature. Market may be volatile before profit booking. As per Trend 6080/6095 seems to be resistance for the market. As FIIs are in minus in FnO and long in Equities (mostly FMCG) value buying, it can be eye opener for traders.
Pivot: 6025
Resistance: 6068/6095/6140
Support: 6000/5958/5933
NIFTY FnO BAN: NIL
STOCKS FOR DAY:
UFLEX EQ: BUY > 77 TRG 78.50 SL 76
INDOWIND EQ: BUY > 3.45 TRG 3.60 SL 3.40
JUBLIFOOD EQ: BUY > 1135 TRG 1154 SL 1117
STOCKS TO WATCH – POSITIONAL:
BHARTIARTL, ITC, IDEA, HDFC, ZEEL, LT, SUNPHARMA, MARUTI, HAVELLS
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