Please find attached a detailed report on USD-INR and Nifty.
In quick words we expect the next few days would be an ideal time to ramp up investments with a long term view.
Expect good reversals from 5000 + – 100 points. But stock specific we believe we are at an excellent buy zone if one is ready to take a medium to long term call.
Check the detailed report –
Disclosure:
Will be looking to deploy investible cash in the next 5-7 sessions and ready to see a hit till 4800-4900 on Nifty.
Happy Investing,
Nooresh Merani
May 7, 2012
Dear Sir
thank you for the above view. I am glad as an importer i am exposed to my Future LC payments of about $5 Million in next comming 3-4months. How should i go taking the best advantage of your view.
Jignesh
May 8, 2012
USD-INR i expect it to be in a range of 51-55. Not expecting it to go beyond. You can place yourself accordingly
May 7, 2012
sir,for investment which stock is good TATASTEEL or AXIS BANK
May 8, 2012
Difficult to say that.
May 8, 2012
Dear Nooresh, whats your view on IRB infra? It was falling for the last 5 to 6 sessions but today it is up 5%.
May 9, 2012
IRB Infra taking a risky buy around 118-120 with a 5 rs stop.
May 8, 2012
Sir
Please share your view on
Engineers india
larsen and tobro
s kumar
Suggestion for buting
May 9, 2012
Engineers and LNT can be bought with long term view. Skumars fundamentally lots of value but no performance it can test your patience
May 11, 2012
Hi Nooresh,
When you say USD/INR , are we talking about the RBI reference rate or futures contract?
May 11, 2012
sir, i invested in sesa goa & gujnre coke for better returns, will both of companies give profits, as fundamentals are good or exit the counters..