08/08/2008

MY DEAR FRIEND

MARKETS PICKS FOR 08/08/08

BUY MIC Electronics TGT 173

BUY Voltamp Transformers TGT 1010

SELL Kinetic Motor TGT 18

SELL Bharti Airtel TGT 754

TOP BUYS FOR FRIDAY

Simplex Projects SL 174 TGT 235

Motherson Sumi SL 74 TGT 98

Ajanta Pharma SL 82 TGT 110

Shanthi Gears SL 62 TGT 94

Atlanta SL 184 TGT 241

TOP SELLS FOR FRIDAY

HCL Technologies SL 234 TGT 201

Triveni Engineering SL 118 TGT 90

Amtek India SL 86 TGT 68

Union Bank of India SL 153 TGT 120

Indian Bank SL 119 TGT 84

From 09:55 to 10:20, wait and watch the situation before taking any action

From 10:20 to 10:30, Nifty may try to remain stable.

From 10:30 to 12:30, Ganesha advises you to invest in Mutual Funds. FII and local investors may try to get profits from the scrips whose rates are going down.

From 12:30 to 14:20, you may remain confused regarding the direction in which the market is moving.

From 14:20 to 15:20 Nifty may play a one sided game. There is a possibility that Nifty may decline.

From 15:20 to 15:30, there may be buying for 10 minutes but may not be beneficial for you.