Nuclear Deal Done Good for India Hard Fought Battle won after 33 years.
But we should not get over excited.Market is showing good resilience on account of this news in the previous week.We should except gradual change in India’s Economic outlook with the progress of Nuclear Deal.
Outlook for Coming week
Nifty will open gap up tomorrow probably around 4421 Levels.but nifty around these levels for a tgt of 4490
Buy 4400 Put and exit id Nifty crosses 4540 as already discussed in http://brameshtechanalysis.blogspot.com/2008/09/nifty-weekly-08-12-september.html
Stock Specific Action
Reliance Buy above 2100 possible tgt 2125 2145 2170 2255 Keep a Sl of 2050
BHEL Buy above 1760 TGT 1 1788 TGT 2 1824 TGT 3 1850 SL 1720
LT Buy above 2669 TGT 1 2689 TGT 2 2700 and 2800 (If market remains positive)
HDFC Bank and SBI good upside
RNRL Reliance Capital and Rel infra 5-10% upside
ROLTA showing good strength possible tgt can be 390 in coming days Buy in dips till 324 SL 320
Keep a Default sl of 2% from ur buying price and keep trailing SL