Nifty Trend and Target For March 2013


NiftyTrend  and Target :- 

Nifty Trend  and Target
Nifty has Target of 6,100 Level in March 2013. According to Expertsat end of U.P. Election and Budget is over a period of marketuncertainty and Indian Market is still looking positive. Indian Inflation is dwindling rapidly which will lead to positive results. In the Fincial Year of 2013 RBI may cut repo rate by 1.5 per cent.UBS Rating agency also changed its approach to India. According toUBS Indian Market are positive However in terms of valuation It isalso looking very attractive.

StockAdvice 

We are advised to buy UBS Bharti Airtel, Federal Bank,Yes Bank, BHEL, Hero Motocorp, Phoenix Mills, Prestige Estate. According to Expetrs stake in FMCG sector like ITC can be tracked andreported target of Rs 260 and other Stock target are Yes Bank Targetof 410 and PowerGrid Target is 135.