Market Outlook for thursday 25th feb 2010

So at last expiry arrived just after a day of rail budget and day b4 budget. what a month it is not much change in nifty from last expiry but some stocks of nifty fifty did well they r well abv last expiry what does that indicate may be long build up in those stocks few of them r HINDALCO  ICICI BANK  LNT etc etc.

Now what to do today very simple today is the day for tommorrow. Today i am giving some stocks for 2-4 months perspective may be tgt can get hit b4 time or sl may trigger.So our stocks r

1.Icici bank sl 760 tgt 920—960–1020

2.Hindalco sl 142 tgt 175—180–192

3.Relcapital sl 660 tgt 800—840–920

4.Rpower sl 110 tgt 175–185–205

5.Suzlon sl 56 tgt 96–120–136

6.Unitech sl 56 tgt 88–96–110

7.Ksera sera no sl tgt 20–25–40(time frame more than 4 months to 12 months)

Nifty is a buy with sl 4765 tgt 4920—5050

For intraday

1 Buy tatasteel sl 556 tgt 575—582

2 Buy reliance industry sl 948 tgt 990–1010

3.Buy unitech sl 67 tgt 72–75

 

Market Outlook for wednesday 24th feb 2010

Nifty this month remained in a range of 4675—4930 almost 255 points and still looking for direction, but i think this is a buying oppurtunity created for and after budget.technical charts of nifty atleast shows this. till we are holding 4650 on closing basis no problem for bulls.

For wednesday 24 feb 2010:

Buy nifty abv 4886 spot tgt 4905 and abv 4908 tgt 4950 spot. if opens low around 4810–4825 buy with 4785 sl tgt 4900.

stocks for trade r icici bank sl 825 tgt 856—-866—880

hindalco sl 148 tgt 157—160–165

tatasteel sl 562 tgt 580—588

sbi if holds 1890 on closing basis then buy sl 1875 tgt 2020(positinal)

sesagoa sl 360 tgt 385—402—420(positinal)

reliance sl 948 tgt 990—1005—1036(positinal)