Market would give thumbs up to the Dr.Manmohan Singh verdict on Monday morning with Nifty is expected to Open with a Gap Up of 8-9% straight away but what would be important to see is whether Nifty would be able to sustain around 3970-4000 and if it sustains then we are heading towards 4200-4250 on Nifty.

Shorting is strictly not advised for positional trades although for intraday it can be done but with a strict stop loss. The sectors to watch out in immediate short term would be from Banking, Telecom, Insurance, Realty and Infrastructure. Following would be my top picks in various sectors.

Banking: IDFC, ICICIBANK, SBIN, ANDHRA Bank, & UCO Bank.

Telecom: RCOM, IDEA, BHARTIARTL

Insurance: BAJAJFINSV

Reality: DLF, UNITECH, IBREALEST, HDIL & SHOBHADEV.

So be ready for another exciting week ahead and if you missed out then catch the coming rally but don’t forget to put stop loss in every trade that you do.

There couldn’t have been a better verdict other than what we got and i.e. Congress winning the Loksabha elections without the support of left meaning we would be having a stable government for coming 5 Years. Now congress can totally concentrate on pushing the pending reforms which were pending during last 5 years because of left opposition.

It was good to see that common man has given more preference to the actual work that is done by Dr.Manmohan Singh government with regard to loan waiver for farmers and timely releasing various fiscal stimulus packages to make sure that growth is not impacted much.

Youth of India is not interested in voting for a party which does not talk about growth but always commands vote in the name of religion and cast. Cheers for Congress and Cheers and the team at Stock21283 wishes Dr.Manmohan singh All the Best.

Total Profit: Rs: 24500/-

ICICIBANK from 528 to 563, Profit: Rs: 24,500/-

Note: If you don’t know how to earn money and losing your hard earned money consistently then you should join our Practical Short Term Trading Programme and our premium service, for details send an E-mail to profit21283@gmail.com or call on 9642700688.

Buy ICICIBANK above 528, TGT: 560,590, SL: 490 on Closing Basis

Buy STER above 505, TGT: 550,590 SL: 475 on closing Basis.

Note: If you don’t know how to earn money and losing your hard earned money consistently then you should join our Practical Short Term Trading Programme and our premium service, for details send an E-mail to profit21283@gmail.com or call on 9642700688.

Buy ICICIBANK for target of Rs:510,540 SL:460

Buy JPASSOCIAT for a target of Rs:150,168 SL:125

Note: If you don’t know how to earn money and losing your hard earned money consistently then you should join our Practical Short Term Trading Programme and our premium service, for details send an E-mail to profit21283@gmail.com or call on 9642700688.