Tuesday, January 10, 2012

Update long due!

We're in for a rally - refer my earlier post on Nifty, Bank Nifty and CNXIT

Here are some trades..use your own SL

The VIX is likely to head to 21 post which we should be in for a big big fall..

Right now I expect a 1000 pt move on BN - 400 points on Nifty which will take it to 5300

CNXIT should head upwards to 7300 or so with Infy leading the CNXIT index - heading to 3200-3300

Exit Tatamotor short above 206.5 and go long for 230

Hexaware should head to 90

Cipla to 380-400

ICICIBank to 800-840

Mphasis 100 rs up from here

Tatasteel 450-480 from here..100 rs ie.

DCB 45-47 from here..

All in all a bullish scenario which may end by 10th Feb as per time series.












1 comment:

  1. Good Evening Sir,

    Nice analysis.

    Thanks & Regards

    Vijayakumar V

    ReplyDelete