Tuesday, May 19, 2009

Is it time to buy now?

This is what the experts have to say...

Shankar Sharma, Vice Chairman and Joint MD, First Global is of the opinion that a 40% rally may happen in the next two to three months. He says, “We have got a huge shot in the arm. I think let us just enjoy the moment. Then we will regroup and we will reassess what is to be done but this does give us a chance to climb our way somewhat out of the bear market."

Madhu Kela, Head of Equity Investment of Reliance Mutual Fund, says "India is going to be one country which in the global world map is likely to outperform. I do not know what will happen in the next 2-5 days. This has been an investor’s delight who wanted to invest into India from a three-five year perspective."

Ramesh Damani, a member of the Bombay Stock Exchange says that there is an unprecedented sense of jubilation among investors post declaration of poll results. He expects a huge thrust on reforms from the new government, which will likely be led by the banking space.

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Friday, May 15, 2009

buy sesa goa every dip


This is right buy to every dip of the this share and it will cross the 300 rs in short term

NOTE : who is brave buyer only buy this stock

Wednesday, May 13, 2009

Buy Unitech on dips

Buy Unitech on dips with a target of Rs 56-57 after which it can go to Rs 85 and keep a stop loss of Rs 42, says E Mathew, technical analyst, on CNBC TV18. The stock is currently trading at Rs 51, up 0.69% on the BSE.

Tuesday, May 12, 2009

Wall St slips led by banking stocks; Dow ends down 156 pts

The US markets retreated from a four month high as banking stocks slipped. Several major banks announced large common stock offerings to repay government bailout funds.

Tech stocks however, traded higher after Citigroup upgraded its rating on the software and services sector to "overweight" from "market weight

The Dow declined 155.88 points, or 1.8%, to 8,418.77. The S&P 500 index declined 19.99 points, or 2.2%, to 909.24, while the tech-focused Nasdaq composite index was down 7.76 points, or 0.5%, to 1,731.24.

Monday, May 4, 2009

short term call

BUY SATYAM COMPUTERS THIS LEVEL AND IT WILL TOUCH THE 58 RS
CROSS THE 58 RS SECOND LEVEL IS 75 SL 42 STRICTLY FOLLOW THE STOP LOSS

SENSEX HITS 12,000 MARK

The Sensex was trading at 12001, up 598 points and the Nifty shot up 154 points, to 3,628, at 12:23 hours IST. Broader indices - BSE Midcap and Smallcap indices gained 3-3.6%.

On the sectoral front, BSE Metal Index surged over 7%, as Sterlite, Hindalco, Tata Steel, JSW Steel, Hindustan Zinc, NALCO and SAIL shot up 6-12%.

IT, Bank, Realty and Capital Goods indices went up over 5%.

In the technology pack, Wipro, TCS and Infosys gained 5-8%. Among banking stocks, ICICI Bank, SBI, HDFC Bank, Axis Bank and PNB were up 4.4-6.5%.

Unitech, Indiabulls Real, HDIL, Orbit Corporation, Parsvnath and DLF rose 3-10% in the realty pack.

Among the capital goods stocks, Siemens, Punj Lloyd, L&T and BHEL were up 3-9%.

Among other indices, FMCG, Auto, Oil & Gas and Power gained 3.5-4.5%.

Reliance Petroleum, Reliance Industries and ONGC were up 3-3.9% in the oil & gas space.

In the midcap space, Sintex India, Pantaloon Retail, MindTree, India Infoline and Asian Star were up 10-13%. In the smallcap space, Fresenius Kabi, Ruchi Soya, Infotech Enterprises, Kesoram and Aztecsoft gained 11-20%.

Shane Oliver, AMP Capital Investors said, "We may see an intermediate correction on the back of US banks' stress test, but the rally is not over yet. The rally is underpinned by improving global economic data, which shows the pace of decline is slowing. I expect around 20% upside from current levels by the year end."