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Recommendations
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