26/08/2008

MY DEAR FRIEND

Dear Friends, the market will gain strength between October 09, 2008 to November 03, 2008. Nifty may hover around the surface till 10:15.

From 10:15 to 11:10, Nifty may drift upwards, in comparison to the previous time period.

From 11:10 to 11:45, Nifty may catch a downward trend. So, do not let your nerves heat up. Just keep your cool.

From 11:45 to 12:50, Nifty may endeavour to reach the peak. But, do not be a copy cat. Trade relies on your understanding of the scrips.

From 12:50 to 13:40, Nifty may again nosedive. It will be useful if you grab each and every opportunity.

From 13:40 to 13:50, if you do not be cautious then Nifty may roll down like a ball rolling down from a ladder.

From 13:50 to 15:30, Nifty may try to gain stability and may be inclined upwards when compared to the previous phase.

MARKETS PICKS FOR 26/08/08

SELL UCO TGT 32

SELL NOIDATOL TGT 38

SELL DishTV TGT 27

SELL ISPATIND TGT 21

TOP BUYS FOR TUESDAY

LUMAXTECH SL 39 TGT 63

Sasken SL 145 TGT 181

LUMAXIND SL 150 TGT 184

GREATOFF SL 439 TGT 510

KIL SL 24 TGT 32

TOP SELLS FOR TUESDAY

RELCAPITAL SL 1282 TGT 1193

JAIPRA SL 169 TGT 143

IFCI SL 47.5 TGT 40.5

SUZLON SL 224 TGT 198

DLF SL 510 TGT 448