Monday 8 October 2012

Equity tips for tomorrow 09 Oct


BUY BJAJ CORP ABOVE 190 

TG-193 SL-188

BUY ENGINEERS INDIA ABOVE 250 

TG-254 SL-247.5 

SELL COX & KING BELOW 136 

TG-134.5 SL-137.7 


Indian Government’s reforms drive has been powering the rally in Indian shares for the past few sessions. The same story was repeated this week as well, with the BSE Sensex crossing 19,000 and the NSE Nifty surpassing 5,800. US presidential election, leadership change in China and Gujarat election are the other important events to keep on one’s radar in the coming weeks and months. Technically Nifty is expected to remain consolidate or may continue the bull run; Nifty this week may range 5600-5880.   

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