5 Weekly positional calls

Wish you a Merry Christmas. But there’s no jingle on Dalal Street. Bulls’ hopes of a Merry Christmas were dashed this week as FIIs remained net sellers and global cues were negative. Another shortened week would mean, activity would be restricted. But lower volumes could see wild swings ahead of the F&O expiry. Few counters like IT which gained this week could see pressure at higher levels. Buying will continue in smaller counters. With corporate results slated next month, investors may look at taking position in counters which are likely to post impressive results. It makes sense to take some exposure (buy only if you have the cash) and wait for better results. The year has been kind to investors and the same returns may not come comfortably next year. But then no harm in hoping for a Happy New Year.

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Buy Century Textile

Buy REL

Buy IOC

Buy RIL

Buy Century Textile

Buy Alok Industries

Wish you all happy weekend and great week ahead.