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Wednesday, April 25, 2007

Daily Morning Call


Market Grape Wine :

In House :

Credit policy a big Booster for the Markets with Banks leading all the way . Policy took ever one by surprise .

RBI gave forecast of 8.5% against 9.25% growth target of our GDP a negetive .

Petrol & Diesel prices may increase after election rumours in the market .

Nifty at a support of 4114 & 4085 levels with resistance at 4169 , 4180 and 4210 levels .

Buy : HCC above 106.8 target 114 s/l of 103

Buy : BOB above 239.6 target of 246 s/l 236

Buy : JP in F&O above 612 target 628 s/l of 605

Book profits at higher levels with weak Intl markets and weak US house hold data .

Out House :

Markets at a support of 14014 & 13959 levels with resistance at 14243 & 14352 levels .

Buy : RIL & RElCap

Buy : Satyam & Rolta

Buy : IDFC & FSL

Buy : Praj & GlenMark

Buy : ICRA , IDEA & Bharti

Buy : JSW & Sail

Buy : Rcomm & ABAN

Dark Horse : Glenmark ,FSL, Praj , Tisco , ABAN , JSW , IDBI, & Lupin

Bullet for the Day : Titan & Divis & HindZinc with strict stop loss