Sunday, October 25, 2009

Weekly positional calls for week starting 26 October 09

Sectors looking hot for next week:
Tea, Sugar and Education

Weekly buy and sell calls for week starting 26 Oct 09

Buy Educomp @4600-4620 target 4750-4850 SL 4550
Buy Baja Hindustan @232-233 target 247-259 SL 217
Buy Sakthi sugar @101 target @ 107-113 SL 94
Buy Ponni Sugar @109-110 target 120-138 SL 98
Buy Hindustan Zinc @933 target 963 SL 903
Buy M&M @927 target 945 SL 910
Sell tata steel @529 target 505 SL 540

Nifty outlook: Nifty will move up for a weekly target of 5130-5150. Keep a strict stoploss of 4960 and 4930. If nifty closes below 5930, we might see further downfall.

Other short term 2-5 days positional calls
BUY MCLOED ROUSSEL ABOVE 218
BUY ADHUNIK METAL @114
BUY AGROTECH FOODS @230

Results tomorrow where you can see some movement in stocks
Lupin - Results are expected to be good.
Aban Offshore - Results are expected to be good

Street talks
One can buy Alok Inds for a target of 25-28 in short term

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