MY DEAR FRIEND
Nifty may give you some relief in spite of fluctuations during the last two days. The time during this week is lousy. Nifty may remain so-so till 10:25.
From 10:25 to 10:51, rise in buying of heavy weight scrips may bring a rise in Nifty. This phase has a lot of strength.
From 10:51 to 12:43, Nifty may make a graph in the form of the alphabet 'W' . This shows the degree of volatility of the market.
From 12:43 to 14:07, it may make a graph which resembles the graph formed in the previous phase. But, dear friends, the slope of the graph may be downwards.
From 14:07 to 15:03, there may be chaos. You may get confused about the time to take entry in the market. Nifty may remain little high but it is an uninteresting phase.
From 15:03 to 15:30, amidst the chaos Nifty may try to pull itself upwards.
MARKETS PICKS FOR 27/08/08
BUY HCLTECH TGT 280
BUY STRIDES TGT 238
BUY SONATA TGT 36
SELL IBREALEST TGT 251
TOP BUYS FOR WEDNESDAY
NIIT SL 83 TGT 113
Polaris SL 95 TGT 121
FSL SL 40 TGT 64
ARCHIDPLY SL 35 TGT 59
KNRCON SL 78 TGT 102
TOP SELLS FOR WEDNESDAY
CESC SL 356 TGT 302
RIL SL 2210 TGT 2034
DRREDDY SL 585 TGT 540
Suzlon SL 220 TGT 188
KESORAMIND SL 287 TGT 242
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