Friday, May 29, 2009

Carin,Onmobile, Gic Housing to run

Metals and PSU stocks were active in yesterday's trading. Metals might continue their up move an are in a clear uptrend.Investors are advised to focus on textile and power stocks for the next few sessions.

We like Alok Textiles, Bombay Rayon, Gokuldas Exports and Garware Wall in this sector . We strongly believe that this sector is getting for a re-rating after lying lows for the past few years. Also, keep a close eye on leather apparel stocks like Crew Bos, Evinix Accessories and Mirza tanneries to take advantage of the sops that will be announced soon.

Lanco Infra, Arvind Ind, Radico Khaitan,Voltas and Welspun Guj are some of the stocks to keep on the radar for intra day trades. Overall a higher opening is on the cards for the Sensex with a great finish to the week.