MARKET HAS AGAIN RECOVERED FROM THE 600 pts FALL OF THE MARKETS AND IS AGAIN HEADED TO ITS STIFF RESISTANCE LEVEL OF 13250.IF THIS LEVEL IS ALSO CROSSED WITHOUT ANY PAUSE IT CAN TAKE IT TO 12500-12650 LEVELS.BUT AS MARKET HAS MOVED FOR THE PAST FEW DAYS SOME PART OF PROFIT BOOKING CAN BE SEEN.MARKETS ARE SEEN RANGEBOUND IN THE COMING WEEK AIMING TO FIND DIRECTION WITH THE INFOSYS RESULTS....ITS BETTER YOU SIT ON CASH AS IN CASE OF LOWER GUIDANCE THE STOCK FALLS AND IMMEDICATELY RECOVERS.THIS IS SEEN IN MAJORITY OF THE CASES.
Though no calls were given yesterday I am maintaining a HOLD on all the stocks recommended.Yesterday it was clearly written to exit IFCI at higher levels.... Wht happened it opened higher and ended lower........
It was also recommended to buy GREAT OFFSHORE some 2-3 days back at 580-590 levels..Yesterday it surged to 630 levels......
NOW STILL I AM CLEARLY WRITTING REMAIN AWAY FROM IFCI YOU WOULD BE BADLY TRAPPED
STEEL STOCKS ARE ON THE TOP OF THE WORLD..... CAN COOL DOWN A BIT ... THEN AGAIN RALLY WOULD RESUME HEADED BY TISCO,JSW STEEL, AND SAIL..........
ANOTHER MARKET GEM:
EDUCOMP SOLUTIONS.......
Educomp solutions had a dream run..... and is an excellent short term pick..... this stock is expected to riserapidly in the coming dayz........ ALSO HAVE A LOOK AT OTHER IT STOCKS LIKE POLARIS,ROLTA,TULIP IT MAINLY MIDCAP IT EXPECTED TO BUZZ MORE BEFORE INFY RESULTS.... IF BUYING NOW SELL BEFORE INFOSYS RESULTS......
WOULD TRY MY LEVEL BEST TO PROVIDE INTRADAY TIPS......
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4 comments:
i want to know short term target of xl telecom.pl advice
Please add my id: premgrao@yahoo.com in your list for all equity related calls.
Thanks - Prem
Xl Telecom is more of a trading stock.. if rally continues it can reach maximum 130-135 levels.then there would again be a fall....
Please add my id: safire52@yahoo.com in your list.
Regards,
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