Wednesday, December 5, 2012

Nifty closed above 5900 Today

Towards late afternoon, there was a sudden weakness with the Nifty slipping below 5900. The Sensex is up by 43.53 points or 0.22% at 19391.65, and the Nifty up 6.45 points or 0.11% at 5895.70. The Nifty managed to close above the 5,900 mark for the first time since April 13, 2011.
>> Bajaj Holdings is a BUY with a stop of about 870 and a target of 950

>> BUY Allahabad Bank with a stop of about 149 and a target of 165.

>> MRF is a BUY with a stop of about 11400 and a target of 12250.

>> BUY Zee Entertainment with a stop loss at about 208 and look for a target in the zone of about 220-223.

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