Weekly news letter and Stocks to watch out for | Post Budget

>> Sunday, July 12, 2009

A disappointing week for the Indian Stock Markets after Pranab announced the budget this Monday.

What happened last week ?

  • Budgets were announced.
  • Inflation is yet in negative zone.
  • We saw good IIP growth.
  • Infosys posted profits of 17% despite of slowdown.
Sectors to watch out for :
  • Fertilizers
  • IT
  • Reality.
  • And Yes FMCG too.
Stock Tips for the week.
  • RNRL : Buy above 73.45 for targets of 79 and 84. With a SL of 71
  • Wipro : Buy above 389 for targets of 398 and 405. With a SL of 385
  • HCC : Buy above 98 for targets of 106 and 111. With a SL of 95
  • RPower : Buy above 150 for targets of 158 and 165. With a SL of 145
NIFTY Weekly Technicals

1 comments:

khalid July 12, 2009 at 3:38 PM  

Your weekly news letter is always good and I appreciate it.