Pre Budget rally may take the Nifty above 5600 range.
Today was a strong session in the market.
The indices started with a small key start but the positive trend in the system put on a smart rally. Nifty close 64 points in green and Sensex 200 points in green.
5800 level is possible before or after the budget.
Infrastructure Development Finance Company (IDFC) was the top gainer on the Nifty today. The share closed at Rs 145.65, up Rs 7.00, or 5.05% with volumes of 1,412,449 shares.
It touched an intraday high of Rs 146.60 and an intraday low of Rs 139.65.
In my view I'm positive on V-guard.
Buy V-guard in 160-165 range.
Target Rs.175 (Duration 2 weeks)
Regards Hari " लोका समस्ता सुखिनो भवन्तु"
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nice article. my frind sugest me http://exim.indiamart.com/budget-2011-12/ for 2011 budget latest updates.