Nifty guidance and Weekly positional calls

Hello guys, am back with weekly calls for short week starting 29Dec09.

Nifty outlook: Let me start with the nifty outlook. Guys as I kept saying entire last week, we are in a bull run where I see nifty moving towards the first target of 5400.

Expiry can be seen at 5280 - 5315 levels provided nifty closes above 5210. One can also take fresh exposure in nifty with Stoploss at 5140 levels to 5100 levels.

As an when nifty move towards 5400, I will keep you guys updated on the next targets for nifty.

Weekly positional calls:
- buy Reliance capital @ 551 stop loss 532 target 865 - 892 (All ready for big explosion. Remember this stock has not participated in the entire rally and big move is expected any time)

- buy Sesa Goa @ 403-404 targets 420-450 (time frame 7-14 days)

- buy century textiles @ 508 stop loss 501 targets 516-526 (big breakout on cards)

- buy tata steel @615 stop loss 603 target 635 - 645 (My all time favorite stock)

- buy siemens @ 579 stop loss 571 target 591

Investment account recommendations [Time frame - February 2010 budget]:
Keep accumulating Kalindee rail, Texmaco, Titagarh wagon, Gateway distriparks at current market price and also at declines.

Note: Remember you would require to add it on declines. So buy 50% at these levels and remaining 50% percent at lower levels

Guys if you earn profits from these recommendations then please do little bit of charity work in your own locality. Thank you!

All the best! Happy trading