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Recommendations
Tuesday, July 29, 2008
Morning Call - July 29 2008
Market Grape Wine :
In House :
Nifty at a support at 4257 and 4220 with resistance at 4360 and 4430 levels.
Cash: Buy RELIANCE above 2285 target 2348 with S/L 2255.
Cash: Buy REL CAPITAL above 1351 target 1420 with S/L 1319.
Future: Sell ADLAB below 538 target 510 with S/L 548
Future: Sell LITL below 350 targets 330 with S/L 360.
Out House:
Markets at a support of 14014 & 13876 levels with resistance at 14532 & 14441 levels .
RBI credit policy today might see a REPO rate hike , and weak US markets to see markets open downward with a gap .
Buy : Adalbs at dips
Buy : Sail at dips
Buy : Relcap
Buy : LNT at dips
Buy : ITC
Buy : SBIN
Buy : HLL at dips
Buy : Core project at dips
Dark Horse :Adalbs , SBIN , LNT , Core & MRPL