Indian Stock Market

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Hi friends,
Markets are poised to open higher based on global cues.we will say boys will be separated from men in the present leg of the rally.we believe 4570 there is a gap in nifty which should be covered in the present market rise.the export oriented companies are supposed to receive sops from the government.we are positive on some of selective export based stock.yesterday three of our recommended stocks zoomed.nitin fire mic and duncans ind all were heavily up.there has been an interesting development in aftek infosys.the company has an European subsidiary whose valuations is pegged at rs 70 per share.we are positive on the stock for short term.we will advise fresh shorts only after the fed meeting.
In all select mid cap stocks will continue outperforming others.have an eye on take solutions for todays trade.Clsa is out with a reports on bf utility with target price of 3000+4000=7000 rs.so have an eye on the stock for short term.

nifty supports 4512 4485

nifty resistance 4561

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VINAYAK

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