Hello All, Happy Dusshera!

All the weekly & Intraday calls posted last week by Namit and myself were on fire. Hope you all made good profits.

Well in the coming week, keep watch on two sectors i.e. Pharma & Fertilizer sector where major movements is expected. One thing which can be seen is there is no followup buying coming in the scripts from the sector which is in bullish mode. Rally in scripts from those sector is not lasting for weeks

One script which I recommended couple of months back i.e. Lupin Labs has appreciated well from 750 levels to 1150 levels. Strong news are flowing in and some positive announcements are likely to made in coming days. Targets are 1400-1600

Nifty strategy:
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For nifty to move up to levels of 5100-5200, it has to close above 5034. Strong support for nifty exists @4820-4770.
My call is nifty should move upto 5100+ and then can correct.

NOTE: MARKETS WILL BE VOLATILE SO ADHERE TO STOP LOSS STRICTLY. DON'T TAKE HEAVY POSITIONS AND KEEP BOOKING PROFITS WHEREVER YOU CAN. WE ARE WORKING ON IDENTIFYING SOME GOOD FUNDAMENTAL STOCKS THAT WE CAN INVEST DURING CORRECTION.

Weekly positional calls for week starting 28 September 09
1) Buy RCF @69-67 SL 64 target 77
2) Buy KPIT @76-75 SL 73.50 target 85
3) Buy KS OIL @69-68 SL 66 target 75
4) Buy Glaxo pharma @1576 SL 1532 target 1629
5) Buy Sun pharma @1308-1310 SL 1286 target 1330
6) Buy Educomp @4448 SL 4360 target 4590+
7) Buy Patel Engineering @514 SL 492 target 540

Strategy should be to take positions in all of the above stocks in small quantity and wait for the targets. Sell the scripts as soon as the target is achieved.
My best picks are KS OIL, Patel Engineering, Educomp and Glaxo pahrma

Scripts for Investments [Buy in parts or on declines]
1) Divis labs.. target 650-700. Must buy on declines
2) Jindal steel and power.. target 800-1000
3) Supreme Industries.. target 550-650
4) Everonn system.. target 550-650
5) Buy GSFC
6) Buy Usher Agro
7) Nalwa Sons @ CMP target 1400-1600
8) IDBI must buy for 5-6 months.. target 200+
9) Bajaj Holdings and Investments.. target 850+ in 6-8 months


October series Options recommendations [High Risk High return]
1) Buy tata steel 510 strike price @20-21.. SL 10 target 40-60. Tata steel is expected to touch 550-560 levels in October.

2) Buy Suzlon 90 strike price @7.10.. SL 4 target 14-16. Suzlon is expected to touch 100-105-118 levels in October.

Happy trading. All the best!