Monday, August 18, 2008

TIPS FOR MARKET ON 19AUG 2008

TODAY'S CLOSING IS ALSO WEAK ON THE CHARTS,HOWEVER IT STOCKS PERFORMED WELL WHAT I SAID IN MY PREVIOUS POST.ROLTA HAS ALMOST REACHET ITS TARGET PRICE.WE HAVE A STRONG SUPPORT AT 4320 ON NIFTY. WE CAN SEE A SHORT TERM RALLY FROM HERE ONWARDS.IT SECTOR STILL LOOKING ATTRACTIVE, IN BANKING SECTOR PREFER BANKINDIA, AXIS BANK AND HDFC BANK.
go long in hindoilexp for tgt of 138-140.no risk
one can make position in mphasis bfl till216 for tgt of 240.

No comments: