The Nifty gained impressively after remaining sideways in intial hours. I am sure after one-two hicups, my intraday trading participants caught the rally ... Watch 5120 tomorrow...
One stock which was the erstwhile favorite but out of favour recently is DLF . . It seems that like RCom and Idea, it has also taken support at its previous lows near to Rs 254/-.
Currently quoting at Rs 262, I expect that a break above Rs 266 should lead us to Rs 284 initially and then to 300/- (if markets sustain).
Keep a stop near to Rs. 258 /-
Incidentally there are quite a few stocks which are turning positive (side counters) which may go up irrespective of market moves ... We shall take them up in next few days.
Happy Trading !
CA Rajiv D Khatlawala
www.investogyan.com
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2 comments:
dear sir,
i am fan of your analysis.your call of dlf,mtnl,idea and sugar stocks all are rocking.great resserch sir.
Thanks a lot for the encouraging words... (Not many people have thank analysts!) (Ha)
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