Friday, October 19, 2007

For 19th October 07

Technically Looking very weak , Time Cycle indicates ..BloodBath !!!! if 5100 breaks....will take to 4850 level.


---Ready for FREEEEEEFALL-----
Airline stock.....

Midcaps to race ahead. Large caps to pause

Technology stocks are likely to be strong. As mentioned number of times in this section IT stocks will witness multi-million dollar deals. TCS bagged $1.2 billion deal from from Nielsen. Satyam is the dark horse in the IT sector.
Buy IT STOCK WIPRO , SATYAM ......

We have a volatile view on RPL. We recommend Long Strangle strategy:
o Buy One RPL Oct 180 CA @ 5.00 – 6.00
o Buy One RPL Oct 170 PA @ 4.00 – 5 .00
o UBEP: 190
o LBEP: 160
o SL: 6 (Total Premium)
o Investment: Rs.33,500 (Approx)

WWIL(Rs.38.75) is likely to move up further on the news of 74% FDI in cable.

Exit from Reliance on high opening today

Crude going to touch 90 soon
Bad for Auto , Avaition Sector Sell them on rise
Banks look weak in coming days

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