MY DEAR FREIND

20/05/2008

BULLISH:

• 3IINFOTECH
• AIAENG
• ALOKTEXT
• AUROPHARMA
• BATA
• BILT
• BALRAMCHIN
• BRFL
• CAIRN
• CESC
• COLGATE
• DRREDDY
• EDUCOMP
• EKC
• GDL
• GITANJALI
• GLAXO
• GTOFFSHORE
• HCLTECH
• HDFC
• HDIL
• HINDZINC
• HINDALCO
• I-FLEX
• IDEA
• IFCI
• INDHOTEL
• INFOSYS
• ITC
• JINDALSTEL
• J&KBANK
• JSWSTEEL
• LICHSGFIN
• LITL
• LUPIN
• MAHINDRA LIFESPACE DEVELOPERS
• MATRIXLABS
• MOSERBAER
• MPHASIS
• NATIONALUM
• NAUKRI
• NDTV
• NICOLASPIR
• NUCLEUS
• ORCHIDCHEM
• PATNI
• POLARIS
• PRAJIND
• RAJESHEXPO
• RANBAXY
• REDINGTON
• RELIANCE POWER
• RENUKA
• ROLTA
• SCI
• SESAGOA
• STERLINBIO
• STROPTICAL
• TATASTEEL
• TATATEA
• TATAPOWER
• TCS
• TITAN
• TULIP
• TVSMOTOR
• UNIPHOS
• VSNL
• WIPRO

BEARISH:

• ABB
• ACC
• ADLABSFILM
• AMBUJACEM
• BAJAJHOLD
• BANKBARODA
• BPCL
• CMC
• CROMPGREAV
• CUMMINSIND
• DABUR
• GAIL
• GRASIM
• HINDUJA VENTURES
• INDIANB
• IOC
• JETAIRWAYS
• JINDALSAW
• KESORAMIND
• ONGC
• SHREECEM
• SOBHA
• ULTRACEMCO
• VOLTAS
• WELGUJ

Tata steel is presently in bullish mode and thus one can see the stock achieving the target of Rs 949 in coming week.

2. One can keep these levels in mind as crucial support for this steel giant of India namely 841 and 791.

3. Presently stock is likely to move in a range between 600-950 levels.