Markets remained on the bullish note last year with the NIFTY Gaining significantly due to RELIANCE and group stocks, however given the various views this year is likely to remain subtle with the mid caps and small caps stealing the show, and some INDEX heavyweights likely to outperform due to the heavy short positions and better growth this year,,,,,,,,,,,,,,,,,,,, therefore i would suggest all to concentrate on good MIDCAP stocks with small weightage on the INDEX stocks for the year,,,,,,,,,,,,,,, for today the start of the year expect markets to remain volatile ,,,,,,,,,,,,,, with mixed sentiments 9:41 AM
support comes in at 6118-6098-6072 and resistance comes in at 6153-6178
STOCKS TO WATCH FOR SHORT TERM ,,,,,,,,,,,, WITH STOPLOSS OF 3-4% CENTURY ENKA, GTL, ICI AND MCDOWELL-N,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, FOR APPRECIATION OF 15-20% ,,,,,,,,,, TIME FRAME ONE MONTH 9:49 AM
Stocks with +ve Bias: Rcom, Mtnl, Ntpc,Tata Power
Stocks for short term delivery: Idea
Stocks for investment: Tata Chemicals, Mold Tek Tech, Torrent Pharma 9:50 AM
BUY PRAJIND, OMAXE AND TATATEA FOR MOMENTUM WITH ADEQUATE STOPLOSS FOR TARGET OF 8-10%
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