16th March 2012 is what investors have been waiting for the " Budget Day " . Which is very dangerous for most day traders to either Make or Break their portfolio unless guided well with precise analysis !
At www.Dailynifty.in we simplify our language for all investors to understand our trading strategies and recommendations.
On Budget day our recommendation is the " Power Industry / The Energy Sector "
Top Picks (NOTE : PRICES ARE MENTIONED ACCORDING TO THE BOMBAY STOCK EXCHANGE)
( Stop loss need not be mentioned on Budget day for the stocks mentioned below )
1) Alstom Project :- Buy with targets of Rs.525 (Hold until April)
2) Buy CESC only above Rs.310.60 with targets of Rs.343)
3) BUY SJVN with targets of Rs.22.5 (HOLD UNTIL APRIL)
4) (WATCH ENERGY DEVELOPMENT COMPANY)
5) SELL TORRENT POWER WITH TARGETS OF 198.5 MAINTAIN A STOP LOSS OF RS.219
6) BUY RENUKA SUGAR WITH TARGETS OF RS.50 (HOLD UNTIL APRIL)
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