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1.Recap:Hope all made good money from India Cements day trading as advised for 07 Aug.Our delivery tip of RNRL(reliance natural resources)AND Selan Exploration has given a breakout.
2.BSE & NSE Trend:The positive trend will be confirmed only if Sensex and nifty closes consecutively in positive territory for 3 consecutive days.However do have a look at SENSEX JOURNEY AND PROJECTIONS.Watch Nifty Levels as indicated in previous post.
SENSEX 14932.77(+29.74)
NIFTY 4356.35(+16.85)
FTSE 6274.00(+1.37%)
NASDAQ 2547.33(+1.44%)
DOW JONES13468.78(+2.18%)
NIKKEI 16921.80(+0.04%)
3.Strong Future Stocks
IFCI
Rel Natural resources Ltd
Lanco Infratech
Kotak Mahindra
Ballarpur Industries
Reliance Energy
Mcdowell
Crompton Greaves
United Phosphoro
Federal Bank
4.Weak Future Stocks
Divi Lab
Gateway Distripak
Polaris Software
Patni Computers
Escorts
Ansal Properties
Renuka Sugars
Strides Acrolab
Srf
AIA Engineering.
5.Day Trading Cum delivery:Buy crompton Greaves>295.05,299,304 Sl 289.45.The stock can be held as a delivery as its in uptrend for past 200 days.I even had an opportunity to visit CROMPTON GREAVES,Nasik and was taken around the factory and found that the company is among a few select companies of world who makes specialised electric equipment.I even had a meeting with their Chief marketing manager and was surprised when on my query regarding advertisement to which he quipped that since we are leaders in this field ,thus clients come to us and we do not advertise.My doubts regarding it being only lighting company has been put to rest with its forays in world electric equipments at large scales.
6.Day Trading:BILT has given a break out and can be traded with following parametres
Buy BILT>136.55,139,142 Sl 133.45
