Wednesday, April 30, 2008

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Our, AGNI MISSILE Call of INDIABULLS SECURITY , up almost 50% , till then, we recommend it you. Just Two Weeks Back It Was 90 and Now It's 144 , Oh God. So, How Much u Earn in that.

2) Our Client's Special BTST Call of JAIPRAKASH ASSOCIATES flared like anything and hit 268 Mark, Call Sent at 250 Level on MONDAY.

3) Our Other's CALLS AIR DECCAN and BOMBAY DYING also flared reasonably.

Now corrections 1200 points up or down ??

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Today, Watch Explosion in

TATA SPONGE

Ask Why ?
Today, Just Saw it's LATEST RESULT
in BSE India, And After that SOLUTE US
Can't Write More ??

Buy Around, 295 to 296 target for clients

Scrap of import duty on zinc is perceived as negative for Hindustan Zinc, the only integrated zinc producer in the country.

Today's Pick - Hindustan Zinc

We recommend a sell in Hindustan Zinc from a short-term perspective. It is visible from the charts of Hindustan Zinc that it has been on a long-term downtrend, since its 52-week high of Rs 969 marked in October 2007. However, in early April 2008, the stock found support at around Rs 500 level and then it went through a short-term corrective rally. We see that the stock’s corrective rally has encountered twin resistance at around Rs 690 levels (a key resistance as wel l as the long-term down trendline that coincides around this level) on April 29 and reversed direction, forming a bearish engulfing pattern near the resistance level. The daily momentum indicator has begun to decline after touching the overbought territory in recent times. Moreover, the long-term down trendline of the stock is still in place. We are bearish on the stock in the short-term. We expect the stock’s long-term downtrend to prolong to our target price level of Rs 580 in the upcoming trading sessions. Investor with short-term perspective can sell the stock while keeping the stop-loss at Rs 708 level.

We expect Realty to continue its uptrend as they corrected a lot this year. We see other realty stocks like Parsvnath, Gammon, IVRCL and GMR to join the bandwagon soon