Opening is flat ,to up,remain long abv 5475 sl 5455 tgt 5750-5900.sustain below 5470,sell with SL 5498 tgt 5220-5120
We are not convinced by the pull back yesterday. Though we were negative on markets we never gave a short call. We strictly advise investors to avoid F&O segment for some time. Our Futures calls are relatively safer. Markets are likely to consolidate before the dip. Midcaps will outshine the large caps. Reliance Industries will declare the results today. Expectations of a stock split are running high.
Jai Corp(Rs.1,187.15) promoters are seen selling the stake. Stay away
Buy Hpcl , satyam, Tatapower
Yesterday said Don't Sell single share of RIL ...and in morning itself told to buy @ 2550 ,2640 level.....and now @ 2710.....hold and sell tomorow @ 2900 level !!
No Bonus -No Split......just Reliance will give 1:1 share of RGTIL company to share holers of RIL !!!