Trend and Target :-
Nifty has Target of 6,100 Level in March 2013. According to Experts at end of U.P. Election and Budget is over a period of market uncertainty and Indian Market is still looking positive. Indian Inflation is dwindling rapidly which will lead to positive results. In the Fincial Year of 2013 RBI may cut repo rate by 1.5 per cent. UBS Rating agency also changed its approach to India. According to UBS Indian Market are positive However in terms of valuation It is also looking very attractive.
We are advised to buy UBS Bharti Airtel, Federal Bank, Yes Bank, BHEL, Hero Motocorp, Phoenix Mills, Prestige Estate. According to Expetrs stake in FMCG sector like ITC can be tracked and reported target of Rs 260 and other Stock target are Yes Bank Target of 410 and PowerGrid Target is 135.
Posted by:Intraday Tips Updated at: 5:33 PM