Nifty Calls for target 5940

My last advise was to get out of market below 6020 and see major panic happened after that.Now time has come to start trading again.
My view is that Nifty has made a botoom of 5690 on friday for time being and now Nifty future is trading at 5800.
My call is to buy Nifty at 5800 with stop loss of 5730 for target of 5940 within 2-3 days.

Market update

Market has corrected around 4 % in last three days on the weak global cues.I will suggest to stick with your long positions on my calls with its stop losses on closing basis and exit out of your long positions if Nifty closes below 6020 or its stop loss triggers.

HCC

Buy HCC as the stock is breaking out above 65.50 from its triangle pattern and is ready to move for a target of 73-75 with stop loss of 61.

Jaiprakash Associate

Well after long time Jaiprakash Associate is trying to break out of this channel and Stochastic Oscillator along with MACD are also showing positive signs on the weekly charts.So one should go long above 135 with stop loss of 124 on closing basis for a target of around 165.Looking at the cement stocks performing fabulously in the recent days,one should definetly take long position in the stock,if it holds above 135.

MRPL call active

MRPL trading above given rate of 85 .Call is ative now,So go and buy it.

Book Profit In ICICI Bank

Book profit in ICICI Bank at 1242 as target is almost reached.