Stocks to watch out today( 26-Nov -07)

Sensex took a turn on friday as expected , and we recoverd almost more thyen 300 points on friday . It was much as short cvring that made this comeback and a bit opf fresh buying in frontliners .
The signs of worry were bcoz of FII figures thay were net sellers in last week and seems to be ahesd of the year end profit booking is going on due to holidaqy season . The friday rally was also due to the money being put in by the DII i.e by mutul funds , They were the net buyers to make the mrkts move further . FII not putting fresh money which does'nt means that they have opted uot , We expect a fresh lot of money cming in start of new year . And we still believe in THe figures we have given for june 2008.

Crude soaring to almost near to 100$ barallel . Its almost doubled from start of yr . Energy stocks might being effected from these lvls .

Sensex jumped from its lows of 18200-18100 lvls .Here nifty also took u turn from 5400 lvls .
Sensex and nifty both seems to be in range noww . Any turn below 18100 and nifty below 5400 mey take it towards fresgh ddwntrend and we may see lower lvls like 17100-17500 .

But with the support of 18100 and 18200 . We have to close abv 20 , 000 mark to make a frsh uptrend . Any closing abv 20 K marks can make us to reach 21500 lvls .

Stocks Sprecific movement would be there . Last week small caps and mid caps were beaten but a cm back was made guided by stocks like JPhydro and Neyveli lignite .

We see a momentum buying to continue and traders can play in these counters but profit booking is important in these counters.
Neyveli lignite is onj bullish trend . We have reccom this conter for invstmnt at 130 lvls .

We see a trgt of 250 for neyveli lignite . Fresh buying cal also be done . 180 is support for short term basisi .


RPL is also buzz of the week ahed of owners offloading 4% stake at premium we may se frsh buyouts in this counter . RPL if sustained to cross 225 lvls . and close abv this . It may gt to move further . STock has beaten up badly frm 270 lvls trapping lots of investors.

watch out for sterlite today , Its arm Vedanta is being looked upon by the chineses investors for the stake buyout . Theey are planning to buy the stake in vedanta . This arm of sterlite is defint gonna help sterlite to move higher .. due to newzz based buying .

FII are buying stake in Nitco tiles . 15 % stake is wat they are picking up .. look out for valur buying in this cou ter .


DLF cinemas arm DT is being lookled upon by Adlabs (ril arm ) and shingar cinemas ..
Also thr was rumur of shingar cinemas being lokd by ADlabs .. for take over .. thats the reason of shingar cinema buzzing last week ..


Jindal steel and power was a rocket gainer last week and was locked in UC .The stock split newzz was roaring across the street ,.Its a purely ahead of valuation . ANd we wont be surprized to see its moving ahead more ..as lots of punters are giving bet on this ..

India infoline was also buzz this monday ahead of the stake sale in one of its arm . WAtch out for some firewrks in this counter ..

Stocks like power GRID , NTPC all jumped from their lowss . They still can be accumulated ..
IFCI we may again see 100 lvls soon .



Markets are expected to be a bit volatile .. so trade a bit cautiously .
Have a gr8 Trading DAY . !!!