Monday, June 22, 2009

230609

FREE margin calls

buy hpcl @307
short suzlon @ 107.4(tgt 102)

Mkkt commentry:
With Oil stocks bringing down the index ystrday, they look in nice shape today. Suzlon looks weak considering its past rally in last 2-3 days.

Also, with regards to a query about prospects of fertilizer scrips, there has been a huge rise in crude price(yes, more steeper than last yr) in the last 3 months which trmedously increases inventory costs of aforementioned so be watchful to avoid lurking for the budget bait.

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