Stocks to watch out today( 11-Oct -07)

All of us are witnessing the power liquidity.More than 1400 points of rally in 2 days , is a big surprize.As the markets seems to be in no mood to cool off, still the stocks which are moving are mainly the reliance pack so it wont be wrong if we say it as the Reliance rally.

Yesterday upmove was on selective counters and midcaps did'nt participated that much so there was a cool off in that sector or we can say a bit of profit booking.

Adlabs gained more than 100 rs , It was amazing ,Fundamentals did'nt changd wat changd may be the mood if FII's .We dont see any reason for adlabs for such a high gain .Yes punters are having trgt of 690 in mind ..

RPL & RCOM which were reccom as BTST day before yesterday had given good gains to our readers.

We expect RCOM and RPL to have further gains and buying is suggstd on every declines.

It seems like on every profit booking there are buyers to buy .

SO it wont be a wonder if Indian markets cooled off a bit today with some profit booking is expected at higher lvls.

As the BIG IT player INFOSYS came out with its nos , the stock has already reacted too much yes a good nos may give a gurther spike and it may reach 2200 lvls.

Infy was the second highest contributor in this rally.

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We reccom Tech mahindra yesterday and u can see the result more than 10% up that is 120 rs up in a single day made our readers richer by 30 K though still more to come in that counter.

We have given buy signal at 1280 in Tech Mahindra . and lets c where it stops we hv trgt 1550 in this counter ..

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Idea and mastek are the other two to be watched out ..expect some god noas from mastek too.
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Lots of people asked about ISPAT . . so we decided to track that counter too.

ISPAT as a comp gt good business model and the valuation is good.WIth the support at 23 its a good buy on declines as investment.

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DLF to foray into retail . . where all it will enter no idea but its not expensive at 850 lvls for the trgt of 950..

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SBI decided to cut home loans by 50-100 bps ..
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Century text out top pick category reccom at 680 now 950 Plus the good newz cming in this the case by labours is cming to comp favours watch out for gains ..



VSNL abv 500 in new zone ..keep en eye
ICICI is also buzzing in traders mind ..


Infosys announces results. Net profit at Rs1100cr (up 1.9%) and revenue at Rs4106cr (up 8.8%



REL below 1560 is weak abv that good for traders.



Sensex supprt at 18450 -18150..

We may see some profit booking so buying advised at lower lvls . at the supprt lvls..

Have a grt trading day .