Stocks to watch out today( 17-DEC -07)

The past week as we said we will see sensex making a new highs and we have seen that in the past week , with sensex making new high and nifty closing abv 6000 k marks thrice and sensex closing abv 20K mark , the closing at thse lvls shows the momentum and positiveness in tha markets , but due to global weakness and weak globbal cueue we may see a volatility to continue in the market .

The mid caps and small caps are the flavou of the month as we said the rally will continue in thse counter till the end of this month F&O , but any global sell off in the markets could trigger the sentiments of indian markets too and we mayy some jitterness in the mid caps too . otherwise

the mid caps and small caps will continue peforming from here and we will see the same diference in frontliners not performing and mid caps making momentum highs ..


The markets according to the analys may sems to be range bound from here on ,
As the past week nifty 6000 put has added makimum open interesta and similarly nifty 6100 call has added huge OI , so from the point of view of traders the nifty will be in range bound with as the week ebnd coming near the volatility will rise in absence of any global cueus..

The mid caps had run madly , and from here on we advise our readers to trade cautiously and dont leturself being a prey at higher lvls , try to enetr into the market at corections.

As the global markets are weak we aill see a weak opening buta recovery is can be there at non sessions ..

HOEC loking good for the day with huge OI being build up ,,

CIPLA has just came out of the downtrend with its strong support at 180 lvls it can be bought at current lvls for short term gains , its looking good on charts also analyst says the this quarter result is gng to be very good for pharma comp .. so one can accumulat CIPLA for 220-230 lvls ..

We have alredy gvn buy call on this at 202 lvls thru our online support team ..


Karnatka bank loking good for the day , .. with al PSU bank in short term uptrend ..
trgt 230 + ..


We willbe out with new weekly picks soon do chk regularly ..

PRAJ our buy call at 210 lvls for 250 trgts rechd on friday with huge momentum buying making the script to 270 lvls , any dip can be used to enter the script at for 300 lvls which is our new trgt . we advised to trade in cash in thse conter..

Also look for bajaj hindustan .. here..,,

Also look for IVR prime and Jindal SAw here ... to be buy in dips .. for good upside in cming weak ..


The Nifty is likely to find support around 5,950-5,915-5,885 this week and it may face resistance around 6,150-6,180-6,210.

If the Sensex stays consistently below the 20,000-mark, it may test its medium-term support in the 19,500-19,350 zone. The 14-day DMA (daily moving average) for the index is around 19,700.The Sensex may face resistance around 20,285-20,360-20,440 this week, while it is likely to find support around 19,780-19,700-19,620.

Have a grt weak ahead..