Infosys Track

Realty, Oil & Gas and Banks might outperform the broader market. Crude made a come back on Thursday to nearly $69.50 per barrel on the New York Mercantile Exchange as prices hover under the year's peak on economic concerns. Watch out for Cairn Energy and Reliance Petroleum in this space.

Meanwhile the race for Great Offshore Rs 413 is heating up, as ABG is likely to make a revised offer soon, to trump Bharati Shipyard counter offer. We still maintain a target of Rs 450 on this stock.The stock of Unitech might see a sigh of relief. Unitech is poised for another upmove after a decent gain yesterday. The stock might reach Rs 92 in Friday's session.

Bartronics India was locked in circuit Rs 170, on speculation that the company will be a front runner in the newly announces 'Identity Card' program by the government. The stock has a long way to go from here. JP Hydro was another mover on huge volumes on some fund buying. Max India,BEML, D-Link and Hotel Leela are some of the stocks to watch out in today's trade

Nifty Btst book in good Profits

Banking, Power and Realty sectors are likely to outperform other sectors in today's trade. IT sector might witness some demand as gains in the technology laden Nasdaq might rub on to the Software stocks. Suzlon Energy has witnessed heavy buying among the NSE-50 stocks and the uptrend is likely to continue.

HDFC, ICICI Bank and Sterlite Ind remained subdued on Wednesday. Expect a mart pull back in ICICI Bank an HDFC, which might gain from reforms on the housing front. Dewan Housing Finance was also locked in 10 percent circuit as housing finance companies were in demand.

The stock of Educomp is on fire and surged by nearly 11 percent to 3,421 on news of investment from UK based publishing company, Pearson. Torrent Power gained more than 15 percent on huge volumes, on expectations of power reforms in the budget. Unitech, FACT, Glenmark Pharma and Pyramid Saimira are worth taking a look from a trading perspective.

Book nifty btst on Profit

Metals and Realty which have been the laggards in the past week are likely to bounce after taking a hard hit in the past 5 trading sessions. Watch out for a pull back in DLF and Unitech in Realty space and Sterlite Ind, Hindalco and Tata Steel. We like Tata Steel from a trading perspective.

Mahindra Satyam is likely to be merged eventually with the parent Tech Mahindra some time soon. This is bad news for Satyam shareholders as we believe that the swap ratio will be unfavorable to the current share holders of the Satyam Computers. It is a good idea to exit the stock at the current level of Rs 73.

In a separate development the race for Great Offshore Ltd is heating up as ABG Shipyard announced a counter bid to trump Bharti Shipyard's offer. We recommend a 'Buy'on Great Off Shore even at the current level of Rs 413. There is a possible upside of nearly 10 percent left in the stock.

We are likely to see a small rally in the run up to the budget. There are some decent stocks in Infra Structure, Auto, Textiles and Engineering space. We will provide the picks to the subscribers soon. Also, there are couple of stocks that might take a big hit from the budget. For day traders, Gateway Distriparks, Punj Lloyd, SUN TV and Gujarat Alkalies are some of the stocks to keep on the radar.

Click here to see IF U R lucky one

Tata Motors on Tuesday announced the first 1,00,000 lucky buyers of the popular small segment car 'Nano', and said that the names have been selected through a random computerised process.

Buy around 4120-30 nifty

Steel shares are weak with few midcap banks...Sell n make profit during first half session

HPCL, BPCL ,IOC are good buy in morning session(profit book on time/rise)

There are rumors in the market that IFCI, is looking to rake in a partner and is considering various possibilities. We think that this far from happening and any up move in the stock could be used to exit the stock in the short term. Investors are also advised to stay away from speculative midcaps in the current market scenario.

On the flip side, we believe that the current correction will provide long term investors to 'accumulate' select stocks. We like some stocks in Healthcare and some select 'value' stocks which could provide a decent gains in the run up to the budget. We advise day traders to take small positions after a drop of nearly 2.5 percent on the Sensex as there is a possibility of a minor pull back.

Railway Stock in action

Stocks likely to trade up in early trade and Second half session is to watch As Nifty only below 4300 could see small selling otherwise 4360-70 is maximum level what we could see for today

We have some picks for our subscribers to benefit from the railway budget.

Stayam Computer services will go by 'Mahindra Satyam' pulling the curtains on the dark past of the IT bellwether.The stock of Reliance Communications Rs 305 is likely to be in limelight as news reports suggest that the world's largest mobile company,China Mobile is mulling to pursue strategic alliance and a possible equity partnership of 5 percent in the ADAG company.Expect some early fire works in the stock.

Short term investors could place some calculated bets on stocks that are likely to benefit from budgetary reforms. Traders could look at a minor up move in metals and select midcaps in today's trade. Gujarat Industrial Power, Bartronics,Insecticides India, Religare Enterprises and BGR Energy are the stocks to keep on the radar in Monday's trade

Nifty can close in Green

As mentioned in our pre-market review Realty and Metal stocks continued their slide with the sectoral indices losing nearly 5 percent for the day. Tata Steel and unitech which were highlighted in review section yesterday were among the major losers with Unitech falling nearly 10 percent for the day.

We believe it is time for a small pull back in the beaten down sectors. Metals might bounce back after 3 days of correction. Also, we would like to reiterate our bullish view on the healthcare sector and especially generic drug manufacturers. Also, IT looked resilient in a weak market as the sector managed to end the day with a small gain.

We would like to focus on Auto sector in today's section. The stocks of Tata Motors, Mahindra and Ashok Leyland are due for a good pull back as investors might bid up the shares in this sector on hopes of revival in demand for four wheelers. Auto Ancillaries also look attractive at current levels and Amtek Auto is our pick in this space.

Speculative midcaps might grab some attention after getting trashed for the past few days.On Mobile, Royal Orchid Hotels, Neyveli Lignite, Crew BOS and KEI Industries are some of the stocks that might catch fire if there is a rally in the market