Indian stock market seems positive. I would say that in the
long Nifty (Nifty) to get strong support at 7000 levels.
Nifty May futures are settled next week series (expiration).
I believe that may be in the range of 7300-7400 Nifty settled. Modi government
is now eyeing the domestic market faces joining the Cabinet and is looking at
measures to be taken by them. Also upcoming RBI monetary policy review on June
2, 2014 meeting is supposed to. The first meeting of the new government to be
formed after the RBI. The meeting will be in terms of decision-making on the
market.
In terms of regions metal, bank and cement seem fine. Select
Infrastructure sector stocks also look good. My advice to investors, according
to long-term perspective, ONGC, Oil India, Coal India, MOIL and Engineers India
can invest in stocks.
Short-term Calls
HCL Info systems Buy 63
Target 67 SL 60
L&T Finance Holdings
Limited Buy 76 Target 80 SL 73
Sobha Developers Buy 447
Target 452 SL 444
Read More
No comments:
Post a Comment