Friday, March 19, 2010

Leave Nifty and other Indices... Focus Smallcaps / Midcaps



Nifty View:

The view remains the same. 5250-5300 will act as resistance & 5200/5160 will act as supports on downside.


Stock View: Greaves Cotton

For extreme short term/ momentum players: Buy if sustains above 298 for targets of 315/320.

For short term players: Buy at current levels of290 with a stop loss of 280 for targets of 320/ 340.




StocK View: Greenply

Range bound for a long time, now may be ready for breakout. Buy if sustains above 205 with a stop loss of 190 for targets of 220/230




Stock View: BRFL



Have a nice day

Regards

Ankit

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