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Recommendations
Wednesday, March 19, 2008
Morning Call - March 19 2008
Market Grape Wine :
In House :
Nifty at a support of 4530 and 4450 with resis at 4610 and 4703. Any upside should be used as an opportunity to exit
Cash: Buy DIVISLAB above 1174 with a TGT of 1225 and a SL of 1160
Buy Reliance Ind above 2151 with a TGT of 2225 and a SL of 2119
F&O: Buy Tatamotor above 625 with a TGT of 640 and a SL of 617
Buy Indiacement above 174 with a TGT of 184 and a SL of 170
Out House :
Fed cutting Int Rate by .75 % just a damage control excercise for the US economy .
Selling to persist at higher levels as long week end ahead .
Markets at a support of 14678 & 14786 and resistance at 15215 & 15432 levels .
Buy : Ongc & Gail
Buy : RIL & Relcap
Buy : HLL & ITC
Buy : LT & Bhel
Buy : HDFC
Buy : Nalco & MTNL
Dark Horse : Rel , Aban , Skumar ONGC , Kohinoor , RIL , LT , ITC & HLL