THE MARKET OUTLOOK 19-03-2014

Posted By : Kishore B.S

THE MARKET OUTLOOK 19-03-2014

Nifty and Bank Nifty are trading in narrow band, not giving a sign of either breaking up side or down side. So wait for the breakout and buy. If Nifty breaks 6620 go long on Nifty, Bank Nifty breaks 12400 go long.

We had given buy call on ITC at 320 levels, now ITC is at 360 so more than 12% in 10 days, we advise to book 50% profit and hold on. Idea and Sun Pharma hold on.

 

Cheers  !!

Team SMI

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