Daily Call 30 Nov

Today Nifty Could make a smart pull back from 4 days loss. We feel Nifty should Face some resistence at 5830-5864 Levels , If it crosses above this level its expected to Face resistence around 5931 levels. On the lower side we still hold 5550 should be the zone nifty should consolidate for good buying oppurtunity.
US Retail sales rose to 6% however the worry of EURO Debt and IRELAND bailout concerns can make the US stock tumble, this might show the impact on Asian as well as indian markets .
If nifty remains positive tommorrow , we Recommand the trading on the following .

BPCL Buy above 682 Target1 689/700 Target2 725 Stop Loss 676
IOCL Buy above 345 Target1 352 Target2 387 Stop Loss 341
BHARTI AIRTEL(Already crossed or T1 335 , book some profit keep the position open)
BIOCON Buy above 382 Target1 405 Target2 430 Stop Loss 376
RECLTD Buy Above 318 Target1 325 Target2 336 stop loss 309

Siemens & ABB recommanded last night Did provide trading oppurtunity today and reached the target, We advice to Hold on siemens for few more days .


10 %, 20%,30%,40%,50%,60%,70%,80%,90% is done..Our target 100% . Happy Investing