Outlook For Next Week (29 Sep- 03 October)

By | September 28, 2008 2:34 pm

4200 Levels to be watched as at this level call Writing has taken place and 3800 on Downside

Nifty Views Updated in http://brameshtechanalysis.blogspot.com/2008/09/nifty-weekly-29-03-oct.html

Please have a look at this post http://brameshtechanalysis.blogspot.com/2008/09/hope-people-have-exited-there-longs.html

Stocks Specific Trading Calls

SBIN Buy at 1404-1420 Levls for a tgt of 1486 SL 1375

Reliance Buy at 1950-1970 Levels TGt 2013 and 2063

LT will be going Ex Bonus so trade with caution Buy at 2450-2470 Levls tgt 2506 2535

BHEL Buy for a tgt of 1600

Mercator Lines BUy at 53-55 Odd levels and Book at 60+

Moser Bear Buy at 110 Levels for a TGT of 132


Ranbaxy buy Few at 250-260 levels for a tgt of 300

Ranbaxy is a decent medium-term pick as it has corrected heavily. With the promoters increasing stake and the US problems getting resolved, the stock is bound to appreciate.

Mid cap Universe only for Investment

Celestial Labs has been attracted good investment buying. Knowledgeable persons project an EPS of Rs.11 in FY09 and a share price of Rs.45.

ITC & HUL are the only scrips standing rock solid in the carnage since January 2008. This means that big players are bullish on the domestic consumption story.

GAIL and L&T go ex-bonus in few days from now. Marketmen expect GAIL to touch Rs.400 and L&T Rs.2000 in a few months from now.

Default Stop Loss 2%.Keep Trailing your Positions

Any Specific Stock Query mail to bhandaribrahmesh@gmail.com

Category: Daily

About Bramesh

Bramesh Bhandari has been actively trading the Indian Stock Markets since over 15+ Years. His primary strategies are his interpretations and applications of Gann And Astro Methodologies developed over the past decade.

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