1.Recap:Gitanjali Gems and Selan Explorarion have restarted moving ahead despite bearish tone of market.Today I have bought GDL at lower levels as I believe in its growth story and will hold it for minimum 3-6 months perid.Do not get perturbed by short term volatility of BSE and NSE.
2.Stock Market:Market may witness some gains but get into market around 10:22 AM when the trend will be clear.
SENSEX 14981.41(+45.64)
NIFTY 4356.35(+10.50)
FTSE 6287.50(+0.59%)
NASDAQ 2553.87(+0.30%)
DOW JONES13362.37(+1.14%)
NIKKEI 16984.10(+0.67%)
3.Strong Future Stocks
Federal Bank
Kotak Mahindra Bank
Reliance Energy
Crompton Greaves
Ballarpur Industries
Cummins India
Alok Industries
Jindal Steel
Colgate Palmolive
Mcdowell
4.Weak Future Stocks
Gateway Distripak
Polaris software
Escorts
Patni Computers
I-Flex
SRF
M&M
Suzlon Energy
Strides Arcolab
Aurobindo Pharma
5.An eye can be kept on Ballarpur strategy given on previous posts.An eye can be also kept on Tata Motors strategy as given yesterday.
6.Day Trading:Buy India cement>220.05,223.75,229.9 Sl 216.95 and if held as delivery may target 259 levels.Use strict stop loss as market is volatile.
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