3/Mar/2009 Trading Call

- DOW/NASDAQ is on 12 years low so we can't have great position in BSE/NSE also. We will also see that levels ( 6017 SENSEX, 2180 Nifty) for sure.
- Exit RPL in any case as RPL is having zero valued share. Because in the end RIL is the entity who will decide what is the price of RPL. Suppose at the end RPL is at 90 and RIL is at 800 then also you will get 1 share for 16 RPL and hence RPL valuse will be 50 even share price is 90. So best is to switch your self to RIL and book profit in RPL if you have any.
- Tomorrow/Day After Tomorrow will be the +VE day for indian/asian market.
- So on deeps traders can buy good stocks which was bitten very badly on last 3 to 5 sessions.
- Nifty should touch 2618 today if not then we can see short up rally.
- Don't enter for long position in any Bank Stock as all FII will exit from Bank stocks. ===> Target Achiieved - touched 2618 today
- NOTE: Don't buy any stock for more than 1 month horizon because as per latest news crisis is going to be a long way. None can say exactly but it should go beyond 1.5 to 2 yrs. So we will have ups/downs in this market for that period. So Traders will have a best opportunity to earn money.

- Short Term Call (Buy call if Nifty trades above 2618)
1. Buy SBI (Target 5% to 7%)
2. UBI (Target 10%)
3. Suzlon (Target 7.3%)
4. Exit Reliance Infra on up rally because below 418 it will go to 328
5. L&T Exit will touch 500
6. On deeps buy BHEL (Risk Savvy investor only)
7. Buy Colgate, HUL