Indian Share Market Tips | Indian stock market Newsletter -01 MAR

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1. Market: The Dow has shown recovery after Chinese debacle and thus we can expect a bounce back in own market also.
2. Budget : Over all positive and to spur the growth.Yesterday fall was not because of budget but because of global meltdown.
3.
Strong Future Stocks : Jindal Stainless, Bajaj Hind, Jsw Steel Limit, Ifci Ltd, Wockhard ltd, Praj Industr, Karnataka Bank, Glaxo (i) Ltd, Ndtv Ltd and Bharat Elect.
4. Weak Futures : Hindustan Const, Ivrcl Infrast, Nagarjuna Constr, Bata (i) Ltd, Parsvnath Develo, Orient Bank, Punj Llyod Limit, Polaris Sofwar, Vsnl Ltd and Sobha Developers.

5. Buy Renuka Sugar>303,305,308,312,321,325 stop loss 293>Initiate the trade after 10 mins of opening and observe if the market trades in positive direction.
Buy Suzlon as it is an uptrend stock as I have explained in my previous posts and it has a target till 1100.A safe bet.

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