Thursday, October 25, 2012

Nifty in Near Term : Trading Recommendations

By closely watching market daily, our experts analyzed that market was somewhat balanced. Few disappointments were also there but that is the part of trading, isn't it ? Most of the stocks in the market did fairly good in the past trading sessions, so we can say market did not see any major disappointments. 

Today, one of the most focused stock was M&MThe company will emerge as one of the best picks in the auto space once the result season is through. Mahindra & Mahindra Q2 net profit up 22% at Rs 902 crore. 

Now biggest question is can Sensex touch the level of 21,000 in the near term ? our experts answer that there is no doubt that market will definitely return 5% to 8% upside in the next 2 months before we end this calendar year. There should not be any surprise if Nifty give all time high in near term

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Nifty Trading Tips :- 

53 companies post result today in s&p 500. So big day to watch US indexes. Now we shall be bullish all the way. Blindly buy with stop loss of 5633 and if you are a safe trader wait for Nifty  to breach 5725

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