Weekly News letter and Stocks to watch out for.

>> Sunday, August 2, 2009

Last week we saw Indian stocks giving some good returns.
Inflation is still in negative zone.
RIL and RNRL have yet not come to a solution.
Adani power gets 22 times over subscribed.
Good results posted by Indian Companies.

Sectors to watch for :

  • IT
  • Infra
  • PSU
Stocks to watch out for :

  • LNT : Buy above 1415 for targets of 1430 and 1440. SL of 1389
  • RNRL : Buy above 84.10 for targets of 85.45 and 86.10. SL of 82.85
  • DLF : Buy above 401 for targets of 410 and 425. SL of 392
  • ICICI Bank : Buy above 765 for targets of 779 and 789
NIFTY Weekly technicals

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