Tuesday, April 5, 2011

MARKET VIEW FOR 6TH APRIL 2011

MARKET WITNESSED PROFIT BOOKING ON INTRA-DAY BASIS AND RECOVERED AT THE END OF THE DAY. NIFTY MANAGED TO CLOSE ABOVE 5900 SHOWS THAT MARKET IS UNDERTONE BULLISH, DUE TO LIQUIDITY FLOW-IN.


MIDCAP SPACE SAW LOT OF ACTION AND THERE REMAINS MORE UPSIDE POTENTIALS TILL IN INDEX TILL 6000-6040. ANY DIP SHOULD BE USED TO BUY THE SELECT STOCK IN FRONTLINE & MID-CAP.
 FOLLOWING STOCKS LOOKS GOOD TO TRADE(DELIVERY/INTRA-DAY):


1.PHOENIX MILLS(191.55): BUY IN DELIVERY FOR A VERY SHORT TERM TARGET OF 215++


2. CIPLA(321.20): BUY IN DELIVERY FOR A VERY SHORT TERM TARGET OF 360++


3. MARUTI(1310.85): BUY IN DELIVERY FOR A VERY SHORT TERM TARGET OF 1400-1430


4. V-GAURD IND(180.10): BUY IN DELIVERY FOR A VERY SHORT TERM TARGET OF 200-210++


5. WIMPLAST(187.00): BUY IN DELIVERY FOR A SHORT TERM(40-45 DAYS) TARGET OF 210-220+++


6.THERMAX(665.00): BUY IN DELIVERY FOR A VERY SHORT TERM TARGET OF 700-720+++


FOLLOWING STOCKS ARE REPEATED TO BUY FOR DELIVERY:


1.ORCHID:    TARGET 330-340++++
2.SURAJ DIAMOND: TARGET 66-75-80+++
3.CANFIN HOME: TARGET 120-128-135++++
4.CHAMBAL FERT TARGET 86-88-90++++
5.FEDDERS LLYOD TARGET 90-98-102+++



Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.

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This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.






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