Weekly news letter and stocks to watch out for.

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 :

• Fertilizer
• Real Estate
• Pharma

Stocks to look up for short term :

• 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

Read : NIFTY Weekly Technicals.

Happy Investing

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Gain , profit bookings : Weekly news letter and short term ideas.

Again the week was good. A woofing 200 points upside on NIFTY.

What we saw last week?
Good global cues.
Moderate Q4 results.
Inflation unchanged.
Good GDP.
Rupee Gaining strength.
Gold back on 15k levels.
Increase in average Indian Salary.
Biggest monthly in in 17 years

Sectors to watch :

• IT - Rupee and dollar movements make this sector week as rupee is gaining strength on dollar.
• Pharma - A positive one.
• Fertilizer - Monsoon is over head.

Stock to watch out for :

• Rajesh Export : (44.55) Buy above 45.20 for targets of 47 and 50. SL of 42.10
• Airtel : (819.65) Buy above 835 for targets of 860 and 880. SL of 820
• HCC: (117.30) Buy above 118 for targets of 123 and 128. SL of 115

Recent Stock research reports.
M&M
Apollo Tyres.

NIFTY Weekly technical analysis.

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What happned in Indian Markets this week ?

The Full week was dull almost every day we saw a red stroke or a downtrend but an excellent pulback of 464 points on SENSEX i.e 5.5%. on Friday.

The whole week markets were mainly down because of bad global cues.

Inflation in single digits thats cool.

Crude Oil sliped below 50$ before recovering. Thats also good.

The bad news is worlds second largest economy JAPAN slips in recession.

Germany went in recession last week.

And the same job cuts news continue to rule.

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