What we saw on the Indian Stock Markets last week :
Indian Economy is now in Deflation.
Bad global cues which affected the Indian Sentiments.
Budget talks.
Entry load on MF scraped off.
Sectors to watch out for :
- FMCG
- Telecom
- Infra
- Fertilizer
Stocks to watch out for :
- HCC (99.30) : Buy above 101 for targets of 105 and 109. Keep a SL of 96
- Shree Renuka (134.10) : Buy above 138 for targets of 144 and 147. Keep a SL of 131
- HDIL (228.20) : Buy above 231 for targets of 234 and 239. Keep a SL of 225
NIFTY Weekly Technical analysis.