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Indian stock market calls-Nitin Gupta(03/july/09)

Posted on 02 July 2009 by Admin

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Nitin Gupta
Market Guru

Full Name : Nitin Gupta

Designation: Managing Director

Company Name: Gupta Consultancy Services

Experience in stock market: 9 years

Company Profile: Portfolio Management Services

Today’s Calls



BUY Neyveli Lignite

Neyveli Lignite Corporation has just appeared to finish its fourth wave, so after the fourth wave it has commenced its fifth on the upside. What I have got is just the first wave, which just been completed, so now we can buy it with a stop loss of Rs 125 or something, with a upside target of Rs 147 in 5 days and after that Rs 167. If you hold for a slightly longer period, it should touch around Rs 200 by July end. This can be a prime disinvestment candidate because government holds around more than 90% of stake in this company and maybe something of that sort is cooking around on this stock. I would advise all of u to stay long in this stock.

Neyveli-Lignite-Corp

Buy Bartronics for a upside tgt of 234

Bartronics has just consolidated and a fresh up move is beginning. You can buy this with a stop loss of around Rs 170, the target on upside are Rs 215 and 234 in 7 days . One can expect around Rs 210 at least. I would advise all of u to buy this stock at every dip.

bartonics & Everonn

Buy Everonn

Buy this hot and fiery stock between 410 and 430. The stock is going to a start a fresh up move for a tgt 520 in very short. I would advise all of u to buy this stock in truckload for a tgt of 500 plus and with a stop loss of 390.

Levels for nifty

level of nifty
Expect a flat or a negative opening for nifty. I would advice all of u to stay cautious before budget, Support levels for nifty are 4300- 4280 and 4250. Expect a major hurdle at 4350 and 4420.

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Disclaimer : These Recommendations are based on technical analysis and Personal observations. Due care has been taken while preparing these comments, no responsibility will be assumed by the author for the consequences what so ever, resulting out of acting on these recommendations.

Disclosure : The calls made herein are for informational purposes and are not recommendations to any person to buy or sell any securities. The information is derived from sources that are deemed to be reliable but its accuracy and completeness are not guaranteed. The above calls are based on the theory of technical analysis. The author does not accept any liability for the use of this site. Readers of this site who buy or sell securities based on the information in this site are solely responsible for their actions.

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