>> Sunday, June 14, 2009
We had some good gains on the Indian stock markets last week.
What we saw last week.
Flat ending on Indian stock markets. (Weekly basis)
Inflation at 0.14%.
IIP data comes out positive.
Large Caps looking strong.
We also saw that Indian Stock Market is one of the top performing stock market in the world. India stands at number #3
Sectors to watch closely :
- Real Estate
- Cipla (251.15) : Buy above 254 for targets of 259 and 262. Keep a SL of 248
- Sesa Goa (202.90) Buy above 205 for targets of 208 and 211. Keep a SL of 201
- LNT (1582.45) Buy above 1595 for targets of 1620 and 1642. Keep a SL of 1580
- IFCI (51.30) Buy above 53 for targets of 55 and 56.50. Keep a SL of 49.60