Stock Ideas Updates 20 October 2011
Posted by Stock Market Guru on 20 October, 2011
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- Primary Article numbers INFLATION UPDATE 11.18 % VS 10.6% on YoY basis.- Read more @ http://alturl.com/ndtoi
- Go SHORT on nifty without keeping any Stop Loss for target price of 4600, 4300,4150 positional. On every 2% rise on your average short level, Go short with another market lot.
- RBI rate hike of 25 basis point is for sure in 25th Oct RBI meeting for rate review
- Buy Coal India for target price of 349-360
- Short LIC Housing Future Nov For Target of 205-207 with SL at 222
- Buy Polaris Software Future for Target price of 146-149 with SL at 128
- Add IRB Infra on every dips no need to have any stop loss in this counter. Target above 204.
- Buy Godrej Industries with Target Price of 199-201 and medium term target of 210-213. Stop Loss kept at 185-183.4 levels.
- DON’T go LONG in GOLD and SILVER. I am expecting big fall in precious commodities to around 10-13%. GOLD can be go to 2250 and in bad time it may touch 19500-20000. Silver will touch 45000 and worst case 43200.
After 1 PM Updates
- LIC Housing Down 7% from 218 to 215…its trying achieve my target of 205-207
- Nifty below 100 points
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