Two main factors drive the market...The fear and the greed.I sense ,the fear will lead our indexes to my given levels very soon ,what i mentioned in my May blog,which are 3,500(nifty)and 11,000(sensex).
Today,nifty again closed in red at 3896.75(-3.56%)and sensex at 12.961.68(-3.71%).
As i have given the nifty support level near 3,500 zone,time has come to have a look on those stocks which are looking fairly good on the charts,as they are approaching the support levels.Just keep an eye on these stocks and accumulate it if they fall from current levels:
STOCKS CMP
1.GMR Infra- 80.7
2.TEIL - 66.80
3.RNRL - 58.75
4.JPHydro - 40.00
5.JPassociate- 134.85
6. BHEL - 1356.10
I will suggest to consider RPower as a good investment oppurtunity though it has nothing to do with the charts.