Hi Friends
Markets should open mildly flat to positive on back of UK/US markets closing on friday as well as the Asian peers. As I have told in my previous blog, I dont expect huge upside in Nifty,(reasons mentioned in previous blogs).. however there can be stock specific movements. At this point of time the markets will be driven more by the political and economic situation in India and the neighbouring countries rather then the technicals.
Momentum Stocks to be watched out are Edelweiss Capital, FIEM IND (BSE CODE :532768) : CMP - Rs.122.65, AGRO TECH (BSE CODE : 500215) : CMP - Rs.224.35,
Everest Kanto.
I am not giving many recomendations on delivery front right now because most of my picks have already given handsome returns and I feel that its time for us to protect what we have earned. All the above stocks can be traded on the basis of 1-3 days outlook.
HAPPY INVESTING
Investomaniac
JAI DADI KI
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