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

It was a terrible day yesterday for markets , We have seen a very choopy session as expected and mentioned in yesterdays post .
As we were having a thought that nifty would have seen support at 5400 lvls and on accounty of short covring nifty jumped to abv 5500 lvls once again , but again the major support to sensex was from SBI and bhel which clearly gained almost 100 points for sensex .

IN intraday trade nifty broked the support of 5470 and went upto 5400 lvls . This causd lots of traders to burnt their fingures as ppl ahve kept all their holdings as for support lvls of 5470 and as support was broken the reaso for fast dwnside to 5400 lvls was elloff in panic as due to broken support but the way mrkts cvrd in the end was good enough. althoug the mid caps were beaten badly .
We have seen some of the frontliners are at very fair value now as compared to nifty at 6000 . ANd they can be added if some one wants to buy .

yesterday Nifty went on to premium against the discount and nifty 5600 -5700 call have added a good no of shares .. this clearly shoes that we can see 5600 -5700 lvls in short term if mrkts players have to be believed.

Lots of scripts did'nt fall even in deep corrections and even those fall are clearly which are overvalued.

We may se some bounce back in real estate noww ..

here unitech , DLF , Maytas , are clearly be the best pic . These can be added for 1 month horizon . and well def give u excellent return from here on .

Unitech have gt max dwnside of 303-317 lvs . so its clearly a buy .. for 1 month trgt 370-400


Siemens came out with clear cut winning set of nos , Profit jumped ahead of mrkts ecpectations
and net sale salso were amazing almost 45 % more .
Siemens also have announces 1:1 bonus issue to party its share holders .
We can see some action in this counter .

Tatas are emerging as clear cut winners for ford jaguar deal , as the leading sources says board is directly favring the deal to tatas , tat mot have also gt limited dwnside to 650 lvls .

Rain calcing have to be watched , some news are buxzzing in this counter from last few days . some action expected .. keep an eye

WWIL is clearly on uptrend ,.. its a short term buy .,, calculate ur risk ..


ISPAT .. was beaten up ... thats why we have we have suggested to book profit at 50 lvls .. its again at buying lvls noww .. for short term trgt 35 +

We are nearing F&O expiry so we can see some volatility in futrzz segmnt all new buying is suugstd in dec contract ..

NEW listing Barag valley cement .. gud pick for med term invstmnts ....

IF trades abv 5600 lvls we can see 5680 5710 lvls .. so trade accordingly below that we will be range bound 5450 to 5580 lvls ..

Have a grt week end ahead .. cheers ..

Stocks to watch out today( 22-Nov -07)

Markets took a hit yesterday . And were tanked almost 700 points .As we mentioned in yesyerday to our readers that any breakege below 5700 in nifty could take nifty down to 5500 lvls . And that what we have witnessed yesterday , as soon nifty breakes the support of 5700 we have seen massive sell of and the discounst figure in nifty clearly shows the how badly traders have shorted the nifty nifty fallen to 5540 lvls in futrs segmnt . we see 5500 spot nifty as rock support and 5470 as tech support as in last correction mrkst bounced back from these lvls .

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US markst took a hit yuesterday and are at very imp lvls of 12750 , any dwside from these lvls could take US mrkts to be in bear fase.
India may take a hit also . Sensex if correction continues below 5470 , we may see further dwnside also .. how much . that is to be noted .. analyst says it could go dwn as much as 5000 on nifty if 5470 around that is broken , but we dont see any reason for the dwnside as INDIA growth
continues , anydwside if happens that would be because of FII sell off and woul be against india growth story .

Valuations are not expensive at thse and markst are perfectly balanced with according to P/E ratio.
But any further buying is suggested only in uptrend after 5700 .
yes stock which were not hit in yesterday sell of can be broken . Strong scripts that did 'nt fall much are to be bought here . 20-30% of ur buying can be done at these lvls . but its better to watch mrkts settle first .
Stocks like IDFC , RPL , BSEL infra , GTL infra , NTPC , Neyveli lignite , power grid ,
GNFC , Lanco , ILFS , Koutouns ., TTML

Religare had aexcelent listing yesterday as we predicted stocks is in range of 500-600 .
all dips can be used to enter as it gt a massive expansion plans with foray into insurance sector to banking so its a growing comp . one can buy in dips for long term prospect ..

Asian mrkst are showing mix signals , and we belive indian mrkts to show its strength and bounce bk would be expected at thse lvls .
But the point would be FII who are selling and PN unwinding thats happening due to holiday season and end of yr .. so we have 50-50 chances ..
At any points short covering is gng to happen and when that would happen , you would see a sharp rise .. so nifty here is imp to watch for all decesions ..
Have a grt day !!!!