Last month we issued a buy on Hindalco. Since then the stock climbed up by 10%, it is time to review the same. The stock may go down a bit now owing to the market correction but we expect the up move to continue. It is better to place a stop loss and enjoy the Bull Run.

Last month we reported not to go long on Gold, and as expected by us, spot gold fell as much as 1.1 percent yesterday to close at $1,646.15 an ounce, the lowest since Dec. 21. Gold has breached an important support level of  $1665 which means gold may move down further. We would review the Gold call shortly after the 15^th of this month. We would also inform you how to make a good money in Gold trading which could be used easily by our members.

The S&P CNX Nifty advanced 16.25 points to settle at 6,009.50.  The market is struggling a bit at current levels. A correction may happen now but as long as Nifty stays above 5919 it is advantage bulls.