Last week witnessed mixed reaction with market gaining in few
sessions. Still there is inherent weakness in market with volumes drying up.
We expect US ecomony and union budget to provide the next indicator
for any trigger in the market.
Prime Minister has assured that GDP will grow at 9% which is a very
positive sign.
We recommend a hold on all our scrips.
Recommendation for the next 2 weeks
Buy BHEL if it comes in the range of 2000.
Buy L&T if it comes in the range of 3200.
Buy RELCOMM if it comes in the range of 550-560.
It will give attractive returns over one year period.
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