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Recommendations
Monday, March 05, 2007
Investsmart - Morning Call
Market Grape Wine :
In House :
Markets to open weak with negetive Bias .
Problem in International market with strebghting of Yen creating a sell off
in the market .
Corporates coming up with Interim Dividened making the Nifty trade at 40 &
50 points down .
Nifty at a support of 3670 , 3650 & 3616 with resistance at 3775 & 3812
levels .
Sell : RIL at 1317 s/l 1325 target 1301
Sell : Parsvnath below 269 s/l 273 atrget 260
Out House :
Sensex at a support of 12786 & 12616 levels with resistance at 13013 &
13212 levels .
Maintain strict stop loss as markets to be very choppy and volatile with
negetive Bias .
Buy : ONGC
Buy : Gail
Buy : Sail & JSW at dips
Buy : Glenmark at dips
Buy : Gitanjali at dips
Buy : Infy & TCS at dips
Dark Horse : ONGC , Gail , Gitanjali , Glenmark , Sail , Polaris & REL
Thanks Yash