Thursday, July 16, 2009

Nifty views for 16 July 2009

Sorry Guys... I am back. Actually had some assignments with stringent time lines and hence could not post any recommendations in last few days.

As per my previous view on nifty, nifty has mad a move exactly as i had mentioned. For tomorrow, nifty looks quiet bullish and all global markets are closed with 2-3% gains which will add fuel on upside..

Target for Nifty: 3430-3450. If nifty crosses 4260, then in no time it will kiss 4340 which I am expecting tomorrow.

Option traders: One can buy 4400 CE @ 55 and Target 100-110.

In last few days, I have bought Punj Llyod(190), MRPL, Sesa Goa (186), Suzlon (78-80), Opto circuit (140), JP Associates (180), Walchand Ind (180), Jai Corp and GMR Infra (131) in my investment account. One can do their own study and invest in any of the above mentioned scripts for good appreciation in short to medium term.

Enjoy and Happy trading day!