Satyam Comp: CMP 163 - Share has strong support at 159. Buy at 163 levels for a gain of Rs.15 with stop of 159
The stock of Unitech which has vaulted by more than 16 percent at Rs 44 is likley to remain active on the news that big groups like ITC are interested in the hotel properties of the company that are ready for sale
The stock of Healthcare major Fortis are also in the news as the company plans to tap the markets to a tune of Rs 1800 Crores via rights issue.
There was lot of interest build up in the Nifty futures for the month of January.Overall open interest vaulted by Rs 10,000 crore to Rs 61,500 crore.
Sharp slide in crude oil prices triggered buying in IOC, BPCL and HPCL and this is likely to continue
Strategy on Future and Option
~ Long Sun TV Jan Future @ Rs168
~ Long Tata Chemicals Ltd Jan Future @ Rs162
IOC (BUY, CMP Rs424)
Maruti (BUY, CMP Rs549) Subsribe for target