Friday 4 January 2013

Market view 4/1/2012 1:45pm

Market is in clear uptrend but there is lot of congestion at this area
and hence would not be able to go up very easily. There are complete
stock specific actions that you can see.

Till market reach 6150, all dips are to be used for buying only.
There can be a dip upto 5950 - 5930 once. Wait for it to enter the
market again.

Todays recommendation:
Buy LIC Housing @ 293-294 (Future levels)
Stop Loss - 290 (closing basis)
Target - 297, 300, 303, 310, 320
Duration - 1 to 2 months

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