Monday, December 15, 2008

Can we cross 10000 Sensex level???? Yes

Sugar stocks are likely to be firm coming off a gainful week. Bajaj Hindustan is a stock worth watching for someone willing to take a 2-3 day position. Renuka Sugars is another scrip worth investing in. Realty and Commodity rally might stretch in to Monday's trade and we think that its is a good idea to book some profits in the these stocks, if you are a short term trader.

IT stocks are the one to watch out for as the stocks in the sectors have been hammered on the possibility of losing business due to the slow down in the US. The BSE IT index was down 2 percent last week against the gain 8 percent in the Sensex. Vakrangee Software is our pick among the midcaps. Core Technologies and Subex Systems are worth taking a look for people willing to take some risk

Have a nice trading session but suggestion for everyone book profit on every rise market may goes in overbought zone so bears will reactive again in noon session or tomorrow after 12:44 pm will active bears let see for more subscribe