Friday, July 31, 2009

Sell Hpcl & Buy Cairn

Nifty btst will rock ....

LAST DAY FROM TOMMORROW SUBSCRIBTIONS RATES HIKE

One need to Subscribe for stock and nifty calls

We have seen a strong move on the Sensex yesterday and a great deal of buying was seen in the frontliners. We have seen midcaps underperforming against our prediction. We still believe that there is lot of scope for the midcaps. If you want to remain invested in the market, better be in the midcap space.

IT as expected outperformed the rest of the pack and Banking was another bright spot in the market yesterday. We see Oil and Gas sector, Metals and Auto to be out performers. Crude prices made up the lost ground and crossed $67 dollars a barrel. Good set of numbers from Mahindra and Mahindra and positive mood in the auto sector globally might give a leg up to the auto and auto ancilliary stocks