Tuesday, February 28, 2012

Market Mantra: Bulls in full force above 5350
Morning Call to the Paid Groups: Buy Engineers India Ltd on a bounce around Rs,250, T--Rs.285. Exit if it break Rs.248 on the downside. The stock hit a high of Rs.268.50. 
Afternoon call to the Paid Groups: Buy Sintex Industries Ltd at Rs.83, T--Rs.97, SL--Rs.77. The stock is now trading at Rs.84.50. 
Afternoon call to the Paid Groups: Buy IFCI Ltd at around Rs.42-42.20, T--Rs.47, SL--Rs.39.30. Book some profits in HINDALCO Ltd at Rs.147 and hold the rest with a SL of Rs.145. 
In MCX Alumiumum recommended yesterday at Rs.111, is now trading Rs.112.70. The metal is slowly inching towards it target of Rs.118--121.
Now start Buying the stocks in these sectors: Banks, Metals, Power and Auto...Jai Balaji Industries Ltd whose NEW plant is expected to kick start from the 2nd week of April, 2012, has both the Steel and Power story. Therefore, without looking at the results just get into the counter without wasting time. In the same way buy McNally Bharat Ltd at Rs.105-106 for a target of Rs.132-133.

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