Wednesday 23 October 2013

Overview and new promising stocks

Hi Traders/investors,

Nifty looks choppy as predicted. Nor a clear fall or a clear up. Possibly because of good breakout and bad economy. But we expect it to go on rangebound mode till elections.

Nifty:
Short nifty below 6093 on closing basis.
Target: 6000
SL: 6180


























DLF:

DLF seems to be going rangebound again as predicted earlier too.
Buy Puts below 157.
Keep holding shorts then for a Target : 130
SL: 165


 IndiaBulls realestate:
For medium term this stock is still bullish. Buy on dips.
Target: 72,75.
SL: 63,62.
SRS limited:
This stock is showing bearish trends. If trend line is broken it can go down for a short term target.
Short below 35.9. It can go till 34.80 for correction in stock.
Target:34.80
SL: 39
Keep this trade tight with strict stop loss and targets.

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