Late Late Morning Trading Strategies – India July 05, 2012 (Afternoon time for Dips only!)

Bajaj Auto seems however ripe for an uptick, move your longs her4e if you want to save the afternoon or make your balance sheet healthier. Also buy ITC similarily. RelInfra and Orchid might see some relaxation as the “frenzy” of 5300-5308 runs out in afternoon trades esp if more go long on Bajaj Auto  which was not on the table in the morning.  Others with interest in indonesia and Malaysia could see th e family moving too,

BPCL now seems safe for the tick and the Diesel reform when it happens may be the last day of the rally whence these OMCs will give it more legs

Consider and let me know – CESC, JSW, Kalyani Steel and Glenmark. Also if you were shorting Sun Pharma, let me know

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