Picks for the Week

Buy Reliance Ind

Buy Sesa Goa

Buy Bharti

Buy Bank of Baroda

Buy Tata Tea

Weekly Positional Calls - Aug 30 2008

Buy Aban Offshore

Buy Sterlite Ind

Buy Bharti Airtel

Buy Satyam

Buy Financial Technologies

Weekly Ideas - Indiainfoline

BUY Sun Pharma (1012)
SL 985 T 1060, 1067

BUY India Cements (158)
SL 150 T 169, 172

BUY NDTV (287)
SL 279 T 304, 309

BUY BEML (1042)
SL 1015 T 1087, 1093

BUY Ranbaxy (316)
SL 308 T 330, 334

Weekly Ideas - Indiainfoline

The markets have corrected and we feel the worse is not over yet. Chances are Monday morning will see another crash at open. Remain cautious especially till noon and prudently try and build a healthy portfolio for the medium to long term. Don't expect any mega gains immediately. However after over 12% correction from all time highs, the fundamental story of the economy is still intact with Average GDP growth rate at 8.6% in three years of UPA coalition Government and economy in stronger position than ever before.

One can consider taking investment calls at lower levels in:

1. Infosys
2. M&M
3. Gammon India
4. Crompton Greaves
5. Tech Mahindra
6. Sun Pharma

Weekly Ideas - Indiainfoline

BUY REL (534)
SL 518 T 565, 570

BUY SIEMENS (1181)
SL 1155 T 1240, 1250

BUY MARUTI (945)
SL 927 T 992, 999

BUY LANCO INFRATECH (245)
SL 233 T 262, 265

BUY RANBAXY (413)
SL 400 T 432, 437

Weekly Ideas - Indiainfoline

BUY Kernex (222)
SL 207 T 249, 255

BUY Kotak Bank (446)
SL 431 T 472, 477

BUY Glenmark (626)
SL 601 T 670, 675

BUY IVRCL Infra (403)
SL 390 T 423, 429

BUY Kesoram Industries (614)
SL 589 T 643, 649

Weekly Ideas

NIFTY (3962) SUP 3929 RES 3994

BUY Sobha Developers (1094)
SL 1060 T 1155, 1161

BUY IPCL (288.5)
SL 279 T 307, 312

BUY BPCL (352)
SL 340 T 370, 376

BUY Kesoram Industries (550)
SL 538 T 574, 580

BUY Dr Reddy's Lab (810)
SL 796 T 839, 845

Weekly Ideas

BUY Maruti (905.9)
SL 887 T 938, 944

BUY BHEL (2500)
SL 2459 T 2577, 2587

BUY Godrej Industries (181)
SL 166 T 215, 221

BUY Satyam Comp (476)
SL 461 T 508, 514

BUY GTC Inds (246.5)
SL 233 T 271, 277