Hi All
As told on yesterdays blog the markets at the end were flat. Expcect the same for the rest of the week. One can go short on nifty today by keeping a sl at 4530 for a target of 4485 and below. The support for nifty will be at 4450 which should not be broken for the rally to stabilize and continue. Sectors in Focus would be Pharma for the week, watch out for stocks like pancea bio, biocon, ranbaxy.
Intraday calls - 17/07/07
Sell JP Associates below 850 (will also be the sl). Target 836
Buy - Sail - Tgt - 163-165 - sl 155. One can accumulate this stock at lows for a target of 170++ before august 1st.
Buy Tata Motors - Tgt 765-770 sl 750
Buy GMR Infra at 870/875 levels for a target of 900++
Buy DCB - sl 112 - tgt 117++
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The data does not constitute an offer to buy or sell any securities mentioned herein. While utmost care has been taken in preparing the above. We claim no responsibilty for its acuuracy. We shall not be liable for any direct or indirect losses arising from the use thereof and the investors are requested to use the information contained herein at their own risk.