Thursday, August 14, 2008

IT stock in Action

Market may extend fall as Sebi takes no decision on PNs

Nifty (4529) Sup 4480 Res 4595

The much-hyped SEBI Board meeting could disappoint the bulls due to lack of announcement on the P-Note issue, though the regulator has made it easier to raise money

Buy Satyam (406) SL 401
Target 416, 419

Polaris Buy around 102 TO 102.50 WITH Sl of 98.30 for a Target of 108.50 to 110