- Cairn India: Script outlook for the next few trading sessions is bullish. On Monday the traders trading in intra-day trade may buy this stock above 330 for the target of Rs. 335-337.
- Cipla Limited: The pharmaceutical major has out performed in last few trading weeks. Intra-day Traders may this script above 403.20 for the intra-day target of Rs. 406-408.
- Ranbaxy Labs: Hold Ranbaxy Laboratories if looking at long term. Add small quantities at declines. Keep a stop loss around Rs 410 for medium term. Intra-day traders are suggested a buy call on Monday for the target of Rs. 460.
Sector Stocks to Watch on Monday: Sector wise we are bullish on the oil & gas, energy, realty stocks on Monday while consumer durables, FMCG shares may remain bearish.
- Oil & Gas Energy Sector: NTPC, ONGC, HPCL, GAIL, TATA POWER
- Realty Sector: ANANT RAJ, HDIL, DB REALTY, UNITECH, INDIABULLS REAL
- FMCG Scripts: COLGATE, DABUR INDIA, HUL ITC
Note: Market Trading will take place only on 4 days this week i.e. December 23,24,26,27 while Indian stock market on both indices NSE BSE will remain close on Wednesday 25th of December 2013 on the occasion of Christmas.
