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

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