Saturday, October 9, 2010

Market Status

 

Market Status is Bullish.

If you observe on the daily chart (shown inset), the profit booking for the last few days could not pierce through the bottom “B” of the Oct 1st Breakout candlestick.

There is no harm in expecting NIFTY to take all time high in the coming week.

 

Few of my Stock selections are given below.

Garden Fresh:

  1. Surya Roshni Limited
  2. Gillanders Arbuthnot & Company Limited
  3. JB Chemicals & Pharmaceuticals Limited
  4. Goa Carbon Limited
  5. MBL Infrastructures Limited
  6. Federal-Mogul Goetze (India) Limited.

Getting Strong:

  1. Euro Multivision Limited
  2. GMR Industries Limited
  3. Indiabulls Financial Services Limited
  4. MphasiS Limited

Getting Stronger:

  1. Century Extrusions Limited
  2. GMR Industries Limited
  3. Kinetic Motor Company Limited

Bold Ones:

  1. Kinetic Motor Company Limited
  2. GMR Industries Limited
  3. Arrow Textiles Limited

These selections are made automatically. You may consult your broker before putting money into it.

Disclaimer: The views expressed herein are to be used with your own discretion and neither analyst nor the publisher will be responsible for the outcome.

MASTERSTROKES