Saturday, April 5, 2014

share market update, stock investing tips

Stock Market Trend: The market continues to trade in a narrow range, but will see volatility in selected stocks. Next week Election will be started Quarterly results will start to come too much volatility in the atmosphere will continue to be filled.

share market of India look correction mode after touch upper range, nifty last week touch 6799 high er side and down side 6556 on 22 March,
last weekend Friday nifty looked in red zone with profit booking in infra, energy, auto, fmcg, and IT share, while pharma and metal share look in green mode.
Stock which look good in next week:
IDFC : company gain banking licence and started within 18 month , so share will be increase.
Buy at 125/123 target 135,145 stoploss 115
Reliance Power: Energy and power sector will boost in this year after new goverment and lot of possibility for power share.
Buy above 72/73 target 75,78,85 stoploss 65


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