Views and Advice on Market

Dear Friends,

At present level, we saw market not break 2680 level because this level is a major support in this month of feb and march and second major support is 2549. And the upper level is 2950 to 3000,market just rotate between this level. According to the this resistance of the Nifty i am suggest you go with govt.stock such as NTPC,SAIL,PFC,Recl,pgrid,etc and pharmacy stock such as Cipla,Sun pharma,Jubilant Organosys Ltd,Ranbaxy Laboratories etc. It means to say invest 60% of your money in pharma sector and govt. stock, but not with huge money. suppose your have to invest 10 lacs Rs at present level then i am suggest you go with 1 or 2 lacs at this level because world market sentiments is very weak and suppose after election govt. will be change then we will see very worse condition in this market,At present every one earn by chance or sometimes calls are working but you are greedy person then you decrease your principal amount also, so please avoid greedyness, and you get something on your stocks after brokrage then switch.

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Rohit Saxena
Phone No: 09891265905
Mail Id: rohit_9sep@indiatimes.com