Market Mantra
Buy McNally Bharat Ltd at Rs.109-110, T--Rs.117. The stock should not break Rs.106 on the downside, on a closing basis and hence this is a golden change to invest.
Morning Nifty target of SELL at 5430, T--5380 to the Paid Members, has been achieved. I had asked all to exit IFCI Ltd and Indian Bank Ltd today.
If you made profit by selling Nifty in the morning and now buy Nifty at 5370--5375 (Spot), T--5460, SL--5350. Buy HINDALCO Ltd at Rs.142.50, T--Rs.147, SL--Rs.139.50. Enter again all the Metal Counters: Steel, Aluminium (Rs.111, T-Rs.118 at MCX), Nickel, Gold, etc. On the other hand if anyone is having ABB Ltd and Sesa Goa Ltd, they should reduce their positions.
If you made profit by selling Nifty in the morning and now buy Nifty at 5370--5375 (Spot), T--5460, SL--5350. Buy HINDALCO Ltd at Rs.142.50, T--Rs.147, SL--Rs.139.50. Enter again all the Metal Counters: Steel, Aluminium (Rs.111, T-Rs.118 at MCX), Nickel, Gold, etc. On the other hand if anyone is having ABB Ltd and Sesa Goa Ltd, they should reduce their positions.
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