Monday, August 24, 2009

25 Aug '09

Buy:
Man Industries(Strongly Recommended)
Tube Investment(Strongly Recommended)
Opto Circuit
Balaji Telefilm
Vijaya Bank
Union BAnk
Meghmani Organosys(>15.5)
Power grid(>109.5)

Sell:
Bank of Rajasthan(Strongly Recommended <77.8 with SL = 79, TGT= 74)
SBI India(<1791)
Yes Bank


Keep SL of 2-3% from closing price of yesterday if not otherwise mentioned.

Nifty View :
A correction could be on cards considering the run-up & also the approaching Thurs when FnO of this month expire. Buy all in all we r aiming higher in broader view. Now some fig :
  • If it trades below 4648 then 4570 or 4525 cud b on cards
  • If trades above 4655 then 4730 & 4760 is a possiblity

From tomorrow we are starting the RTU section again so watch out for this space during mkt hours aswell.

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