Wednesday, August 27, 2008

NIfty was btst ..........Book on profits only

SBI should range between Rs.1,352 and Rs.1,399. Buy at the lower end of the band with a stop of Rs.1,343 and opens high and sell around Rs.1,402 with a stop of Rs.1,408/1,418

Buy reliance sure shot 2200 target

BUy First source,Sunpharma,Sunpharma Adv, Polaris

First source target 55-60

Short Ranbaxy,Dr reddy

Due to Month Expiry on Tomorrow – We may see Short Covering in bourses.
The good thing happen yesterday – Nifty Fut are at Premium and Nifty Fut close above Psychological figure 4350.

A good thing happen yesterday – FII was in BUY mode.

ANY CLOSE ABOVE NIFTY 4450 – IS VERY GOOD FOR SENTIMENTS OF INVESTORS AND TRADERS
AND WE MAY SEE 4625 AND CAN CHASE 4745 (200 EDMA