Sensex Technical View :
Yet again Sensex made a top of 15957 and pulled down a bit. With weak global cues markets can try to test the important lower zone near 15450. Strategy for traders should be to use short term stock specific moves and wait for a clear breakout on either side for some quick moves.
Stocks to watchout for :
There is not much to update as sluggish moves in markets…15450-15950 remains the range as of now
Bottom fishers can look to accumulate Disht Tv and WWIL for bounceback .
K S oils , gateway distriparks and HCC can be bought on dips for short to medium term investment . Look for a 15-20% appreciation .
Last message sent to clients :
RPL did tgt of 182-184 , Essar Oil did 241-244 tgt in the trading calls, hind Oil does 142 close to 145 tgt. …will again wait for some more tradding picks..
MRPL raise stop to 89 , Petronet 74.8 . RPL and Essar Oil traders can book fully also. Investors can wait with cash to buy in dips.Dont be leveraged volatile week ahead.