Stocks to watch out today( 18-DEC -07)

The Indian markets took a beat yesterday on account of global weakness carried out by weak economy in US , US markets continue to tumble from last three days and that causing all Asian markets to trade in red, Yesterday it was a sharp correction in Indian markets .

Sesms like 5900 was a support that shorters were waiting to short and sicne once that support is broken the markets fell sharply to 5770 lvls , which is nxt support for 5700 lvls..

The US markets yesterday also took a beat with 170 points dowwn but asina markets after a three consecutive reds ,, are trading a bit in flat to green...


We expect to mid cap may correct a bit more and market may be rangebound ahead of the holiday season.
THe small cap and some stock specific action would be theere..

THe coming markets we expect to open a bit weak and may bounce back in later half .

THe voaltility would be there and swings inintraday could easily be seen, but these kind of trades usually burn ur fingers if u r nt a expert trader ..

Bears and bulls would have a face to face and u can easily see that , with no clear clues where to go ..we may see all all confused kind of markets..

FII were net sellers in bothycash and F&O in yesterday trade..

NTPC planned to set up imported coal based power projects on the country’s coast..

ABG Shipyard has announced that it secured orders worth Rs10bn.. the stock wasin action yesterday..

Reliance Communication is all set to put Rs8bn to toll out a telecom network – fixed and mobile

IFCI bid seems to be getting finalized at 107 per share , our long term trgt 120 reachd yesterday .. short term gains are not feasible in this counter as of noww..



Lanco Infratech plans to bid for various power projects totaling 10,000 MW. The company plans to hold at least 51% in all the projects..

Indiabulls Financial Services is likely to announce a joint venture with a global insurance player.. keep an eye on this counetr..

Marg Constructions says its 100% subsidiary is establishing a Multi Service SEZ at Seekinakuppam in Tamil Nadu


Suzlon Energy is in the process of acquiring land in Surendranagar and Rajkot districts for wind farm development..Suzlon is always liked by investors and fund houses..

SRF is planning to invest Rs2.6bn for setting up a Greenfield packaging film manufacturing plant and a captive win power turbine over the next two years. Its a definate buy in all dips .. for short term gains..
Keep an eye on pharma sector that haven performed much in all this rally ..

wockhardt, aurobuido , our cipla call .. and all ..

nifty may take support at 5700-5680 lvls ..


Have a grt Day !!!