Stocks to watch out today( 12-DEC -07)

THe wait was over , and FED meet is over now we have to see how markets reacts to the
FED rate cut of 25 bps .. evetually the global market has been a little bit disappointed over the FED decesion of 25BPS cut which it was expecting to 50 bps cut , DOW jones was down over 300 pints almost after the FED rate cut all the asina markets also in red , also FED and told that it could further cut the rates if the situiation does comes to normal after thse rate cut ..

But as of noww How indina markets behave yes , definately a lower opwning is expected but the FII how they playn today in the markets taht has to be seen , the role of FII is need to be watched , we belive the SENSEX after crosing that barrier of 20 K and closing abv that lvls , we may nt see much downside ,

Yes the frontliners are looking like stiffed and the upside is limited in them as of now , but mid caps may gain attraction and the situation may improve with the time as asina markets will improve ,

THe down fall will have the bounce bk as soon ,, and the dwn fal wil def attract the DII as well as retail investors .
ALl who are smart wil take this opp and enter into stocks taking use of early weakness.
the qweakness would be not much longer .. and one can buy .. scripts that are not having much dwnside..



THe impact of 25bps cut shuld be almost flat , according to us , but as global markets dwn markets may take clue from them and may see some sell of but the recovery would be as quicker as dwn fall ..


REL is stocks to be accumulated in dips ,
Company is in talks to announce new FCCB at a premium to market price according to lates rumurs.

APtech the call gvn is making new highs , we hav rewccom this counter as invsmnt ... for 500 .. in cming time .. as its a gud mid cap pick ..

Edelweiss Capital and Renaissance Jewellery which get listed today.. they may gain some attention to wards them .. as their was huge oversubscription .. they afre expected to do wel /...

Oil marketing stocks were in limelight following reports that the Government may consider a marginal hike in petrol and diesel prices with a simultaneous reduction in excise duty.

United Phosphorus is set to bid for Australia's largest agriculture chemical company, Nufarm


L&T acquires 26% stake in New Delhi based consulting and engineering firm Feedback Ventures for Rs400mn.

TV18 Group to buy a majority 53% stake in Infomedia India.
Ansal API receives UP government’s approval for two SEZs.

nifty gt suport at 6010 and resis at 6150 as of noww for today ...

MTNL after the rumurs of land .. is on rise . at 195 .. reccom at 170 lvls .. who all are holding hold it for out trgts of 200 + ..

Nicolas again came dwn to buying lvls .. one can again eneter in it at dips .. for 330 +..


watch out for lower lvls to enter the market ..


HAVE a grtt DAY !!!!...........