Weekly news letter and stock ideas for short term

>> Sunday, June 21, 2009

What we saw on the Indian Stock Markets last week :
Indian Economy is now in Deflation.
Bad global cues which affected the Indian Sentiments.
Budget talks.
Entry load on MF scraped off.

Sectors to watch out for :

  • FMCG
  • Telecom
  • Infra
  • Fertilizer
Stocks to watch out for :
  • HCC (99.30) : Buy above 101 for targets of 105 and 109. Keep a SL of 96
  • Shree Renuka (134.10) : Buy above 138 for targets of 144 and 147. Keep a SL of 131
  • HDIL (228.20) : Buy above 231 for targets of 234 and 239. Keep a SL of 225
NIFTY Weekly Technical analysis.

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