Pre - budget Euphoria

From the picks mentioned in December, baring Hotel leela & Varun Shipping all have gained substantially. Both are at the same price and those who have purchased can hold it for 20% gain hereon.

Now the time has come to revamp the portfolio according to your basic nature. Please don’t try to go against your nature as it can prove fatal. No need to compete with your neighbors.
Next few days might be too volatile and I feel one should take advantage of Pre-Budget Rally & book at least 50% of their holdings which are in profits and avoid going for punters scripts. Buying should be done when Nifty will be below 4000.



RNRL can be added add around Rs.25 - 26 and more if it goes back to Rs.19.

IFCI, again a speculative buy like Teledata, for target of 35+.

Teledata, which was earlier recommended in December, can be sold and wait for demerger to happen. If the management stands the test, then it can be another great stock in your portfolio. Now sell and watch.

Short term –
To take advantage of Pre-budget Rally, Buy

Script - Target Sloss

MTNL – 162 144
Reliance - 1450 1385
HLL - 218 199
Cipla - 260 240





Disclosure : I may have position or maybe trading in above said stocks for myself/ family members / friends / Associates.