Stocks to watch out today( 04-DEC -07)

Markets were ended on the positive node yesterday with mid caps were majorly in action . The action in marktes were ahead from the global cueus , and made a good come bk for sensex to end up 19600 abv lvls .

The majority of action was seen in momentum buying been seen in essar oil , dish tv , Gitanjli Gems . We have reccom Gitanjli gems last wek foe 1 month . period .. so hold it for more upside left..
The telecom sector did'nt performd well yesterday with only RCOM was a leader in account of short cvring , abv 700 lvls huge short svring is expected in this counter ,
We have see yesterday how fast it moved from 702 to 710-715 lvls . abv 720 more short cvring is expected and it could take this script to higher lvls , below that its a bit weak .

Global Cues are mixed this morng , With Us mrkts ended in the red on account of the slow economic growth nos . Asian is also giving the mixed kind of clues , We may see some stock specific action today with momentum buying . But over all a flatish to postitive markets is expected . We still have faith that we will see defi new highs in indian mrkst this month itself .

Crude is below 90 $ onceagain .

Yesterday IFCI made a come back at 110(rs approx) which we hv mentiond early in the morng itslef , hopefully u all have made goood profits , we have reccom this at 75 lvls and 88 lvls .

Another call of IDFC performed very well with closing at 215 + which is very positive for the stocks , the counetr to gain further if crosses 217-218 lvls to make new highs..

There was a rally seen in fertilizer stocks yesterday , with some of our reserchers reccom like nagarjun fertilizer and RCF gaining good amnts , Nagarjun gained to close abv 80 lvls . Its a newz based rally so investors are adviised to book profit timely and again enter at lower lvls .

The IT made a come back with investors buying scripts which hv fallen below its evaluation ,
THe buying was seen in across all the counters of major IT players . We still belive in Indina It story as they are tapping major buyouts and ideas to face the ruppe factor , ROLTA , TCS , are still the among leading IT which we like most ..

Sterlite is buzz of the day , its in the talks to raise $1 bilion , and with huge expansion plans we hv recom this as multibagger as well as weekly pik , dnt miss this counter , It was alredy performed well yesterday it was up 5% ,still moret o go ..

also look out for REL which was reccom again yesteday closed abv 1900 mrks , Stokc gained more then 150 rs on momnetum buying . Analys are having trgt of 2200 after 1980 on delievery bases..

BIL power , alok has seen some monetum buying yesterday , Same action expected comig time also .

our weeekly picks performed very well including neyveli lignite , GMR infra all in green with good spikes , we suggest to book profit as soon as u get ..

Punters call : bindal agro (oswal chem for 64-65 rs)
Essar shipping (for trgt 72+)

Our invstmnt call Jind stainless is gng good . same as GTL infra and SREI infra ..
. go log in this counter for good gains ..and do the bottom fishing as much as possible ..


Markets based rumurs will be posted daily .. during mrkst hrs ,, so keep urself updating ..

also we are giving new service of GREY Market Premium for Coming IPO after mrkts hrs .. Tell us if u like this service to continue..


Markets does'nt look like very choppy , till 5820 will be short support and the 5770 a good support , upsidecould be at 5900 lvls ..
Have a grt day ..!!!