Stocks to watch out today( 23-Oct -07)

Yesterday Investors have some sought of breadth . Markets recoverd from the low of 400 points ending in green .Relaince pack with REL , REL capital , ongc, and other frontliners ended in the green .
With lots of issues like SEBI meeting on Pnotes, F&O expiry and LEFT -UPA meet ..
Still mrkst manage to end in the green . It was amazing .
The way mrkt recovered is a the symbol that we are on a rising economy .
Till nifty manage to stay above 5000 investors are in no hurry to unwind their positions . Markets are trapping the shorters so we advise u to stay away from shorting any script as until u dont have complete analysis.

Yesterday meet of SEBI and FII's ended in very positive zone . SEBI fastened the process of clearing the FII's and cleared as much 19 FII's in single day .
WIth the long term investment option ppl can buy in small chunks , A 25-40 % of ur investment can be done at this stage.


Abv 5250 nifty can bounce back any time and if crosses 5400 we will be again in a bull zone .
But we still advise to stay away from F&O until the position gt cleared till 25th .

RIL is in newzz again of gas .. keep an eye .. abv 2200 we hv trgt of 2900-3000 on this script.

RNRL is a accumulate at this lvls for 120 + trgt in 2-3 months .

Megasoft gained almost 20% yesteday .. its a good company with gr8 fundamentals ...

Teledata announced the record date .. of its demerger .

Rajest expoerts also announced the bonus and split ..
its a buy on every decline.

Moser baer soon gonna list its foreign entity ..it will unlock value for its holders its also in newz for some JV ..


GTL came out with brilliant nos ..

TTML applies forGSM .. license..

Triveni entered a JV with GE for compressors ..

RCOM is a buy at every decline ..

Sensex is bouncing back from its lows and is not breaking the support of 17K ..whicg is good .
we still suggest u to wait and watch till 25th and let mrkts gt settled dwn a bit ..
have a grt trading DAY ..