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Tuesday, December 26, 2006

Equity calls: Kapoor, Harihar, Gaba


Vibhav Kapoor, IL&FS: The market continues to look bearish and the correction should continue for some more time. All global markets seem to be entering correction mode.

TS Harihar, Karvy Stock Broking: The market is expected to be rangebound as Call writing has been happening at 4000 levels on the Nifty and Put writing at 3800-3850 levels. Maximum rollover has happened on the short side.

Prakash Gaba, Technical Analyst: The market has shown some signs of support at 13200 levels and the trend should be positive this week, with crucial support at 13180. I like Gujarat Ambuja .