Today Above 3635.50 Mark is Reserved for Bulls to Catch the Fire...................Above that Mark......Nifty Future All D Way Will Hit 3675 & 3685.50
Stocks in Mumbai are likely to climb on opening bell after a day of correction due to profit booking. The benchmark index or the Sensex is likely to gain more than 100 points or 1 percent and climb back over the magic 12,000 mark
Investors have booked profits in stocks in the afternoon session on Wednesday leading to sudden dip in the final hours of the trade. We advice traders to buy stocks in Realty and Banking sectors, as these sectors might see a bounce after a some selling. Unitech, DLF and ICICI Bank might bounce back and recover their losses from yesterday.
Tulip Telecom has gained in a big way surging 24 percent and remains our favorite play among the midcap sector. This stock has still some room left. MIC electronics is another midcap speculative play that is looking technically strong and has some more upside. This stock is only for risk takers. Among other stocks, we are bullish on Uco Bank, KSK Energy and Birla Power