A correction in everyones mind and it happens , it was like everyone was waiting for this moment and it happens without giving shocking to anyone . We alredy warned everyone not to buy any fresh positions till the market get settled dwn .
One can book profit or exit all long as long mrkts get settled as of now .The major concern or catalyst acting here is the bad political situation .
Overall there is no panic and yes a a bit of profit booking is going on . But market were able to sustain the support base of 17300.
17300 is a good buying opp for day traders but not for the investments.
We alwaya suggested to stay away from under 100 stocks specailly in futrs segmenst and the way they cracked yesterday u can see why we were saying this .
IFCI , JP hydro , RNRL, Nagarjun fertilizer all almost cracking dwn .
We have given buy call on IT long back and the result season is ahead we can see some more hike from this lvls .
Infy is expected to cm outwith good results and we suggest to buy at lower lvls and regular profit booking is must .
Wockhardt is entring european mrkt with Insulion ..keep an eye
Stocks shuld be bought with the keeping the lower lvls in mind .
Aksh optifibre we suggested 1 month back started to move from last 3-4 trading sessions .
accumulate this for the trgtt of 80-90 ..
RPL below 151 can invite shorters for 145 trgt
NTPC supprt at 200 below that 192..
ABAN is a buy at lower lvls trgt 3800 SL 3650-3680
PATNI was a major gainer in DOW keep an eye trgt 485+ Support at 468
JP is also a buy at lower lvls remeber its a fund houses favrt stock ..
Nifty may test 5000 today and below that support at 4900 and 4850 ..kep an eyee
As we are the bulls in the mrkst we dnt suggest short positions but yes u can trade in shorts specially in liquid scrips.and stocks that have ran a lot only on newzz but no business model or fundamentals .
Sensex supprt at 17300 after that 17000-
SEARCH STOCKS
MONEYGURUS FREE TRIAL : at teammoneygurus@yahoo.com and energixus@yahoo.com
Tuesday, October 9, 2007
Subscribe to:
Post Comments (Atom)
DEMERGERS ..SPLITS.. & BONUS
Rel Power considering bonus .. fund houses says 2:1 or 3:1
Bajaj demerger approved..
RANBAXY demerger approved 1:4 ratio
DLF TO TO demerge into various buzz..
LNT TO HIVE OFF CONCRETE BUZZ
India bulls finc demerger
Unitech demerger story.. retail arm to to seperate..
JSPL stock split newzz 1:5 wat markets are expecting ..
Teledata Record date out for Demerger.
Suzlon Stock Split 1:5 .
19-09 ONGC stock split newz
19-09 Media Video lib considering demerge real estate opr
17-09-07 Rajesh Exports plans to demerge its operations to unlock huge value ..chk the move
14-09-07)Zenith birla along with demerger also considering merger of Tungabhadra Holdings ...
14-09-07)Kirloskar Oil Engines has fixed October 27, 2007 as record date for bonus shares ..
(12-9-07)Banco india ltd (cmp 137) considering the Stock Split ...
Electrosteel Castings Ltd ( Splitt) ..
IDEA to hive off its tower business another demerger(buy recomm)
Anant Raj industreis .. Stock Split 1:5
Zenith Birla demerger rumur ..
REL plans to hive off its EPC division (speculative)*
Valecha Engineering Limited( bonus announced)
GMR( Split)
REIAGRO( Demerger)
NICOLAS p(Demerger)
Bajaj demerger approved..
RANBAXY demerger approved 1:4 ratio
DLF TO TO demerge into various buzz..
LNT TO HIVE OFF CONCRETE BUZZ
India bulls finc demerger
Unitech demerger story.. retail arm to to seperate..
JSPL stock split newzz 1:5 wat markets are expecting ..
Teledata Record date out for Demerger.
Suzlon Stock Split 1:5 .
19-09 ONGC stock split newz
19-09 Media Video lib considering demerge real estate opr
17-09-07 Rajesh Exports plans to demerge its operations to unlock huge value ..chk the move
14-09-07)Zenith birla along with demerger also considering merger of Tungabhadra Holdings ...
14-09-07)Kirloskar Oil Engines has fixed October 27, 2007 as record date for bonus shares ..
(12-9-07)Banco india ltd (cmp 137) considering the Stock Split ...
Electrosteel Castings Ltd ( Splitt) ..
IDEA to hive off its tower business another demerger(buy recomm)
Anant Raj industreis .. Stock Split 1:5
Zenith Birla demerger rumur ..
REL plans to hive off its EPC division (speculative)*
Valecha Engineering Limited( bonus announced)
GMR( Split)
REIAGRO( Demerger)
NICOLAS p(Demerger)
USEFULL LINKS
DISCLAIMER
All materials, information, and services included in or available through this site (the "Content") are provided "as is" and "as available" for your use. The Content is provided without warranties of any kind.We do take any assurity abiut the contents are accurate, reliable or correct.Your Use of this blog is solely at your risk.
Under no circumstances,shall we be liable for any direct, indirect, punitive, incidental, special, or consequential damages that result from the use of the information.
Under no circumstances,shall we be liable for any direct, indirect, punitive, incidental, special, or consequential damages that result from the use of the information.
1 comment:
hey dude........dont u feel jphydro,rpl,ifci r buy now...as they have corrected a lot......
what say
Post a Comment