Monday, August 22, 2011

Nifty Weekly Trading

Nifty on Friday Give a deep towards sub 4800 & bounce sharply to 4850 level.

I repeatdly say to buy Nifty nea r to 4800-4750 with sl of 4700 for mnium 300-400 points rally.

Can buy Banking stocks also for this rally,like SBI,Icici,BOI,
 Auto stocks like tatamotora ,maruti,mnm all these are superb buy at current levels for a upmove of 10-20% from current level.

Do not buy midcaps at present as they will not show much momentum at present.

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