Hello guys, It's been more then 2 weeks now and nifty is oscillating between 5090 and 5180. Nifty is finding strong support and good buying at 5090 levels. On the upside, nifty is not able to cross 5185.
As I had mentioned last week, nifty has to close above 5180 on a closing basis to move towards 5250-5300 levels.
My opinion: Nifty still looks bullish and will try to move towards 5200-5300 levels this week. So hold onto your nifty buy calls with strict stop loss @5080
Weekly positional calls
buy tata steel @ 546-547 SL 535 target 575-581
buy Renuka sugar @209-212 SL 201 target 245-260
buy Reliance capital @846 SL 835 target 878-891
buy Chambal fertilizer @ 60 SL 56 target 70-74
Sure shot investment calls
buy gruh finance @223 SL 201 target 280-285
buy bilcare target 850
buy unichem lab target 600
buy fag bearings target 1000
All the best. Happy trading!
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