Tuesday, May 31, 2011

MARKET VIEW FOR 31ST MAY 2011

LACKLUSTER MARKETS CONSOLIDATING IN A SMALL RANGE AFTER THE TWO SESSIONS' MOVE FROM THE LOWS SHOWS THAT MARKET IS PAUSED TO TAKE A BREADTH.
NOW AGAIN EXPECTING THE MARKETS TO CONSOLIDATE IN THE BROAD RANGE OF 5200-5600,HUGE VOLATILITY SHALL BE SEEN GOING FORWARD. NIFTY MAY BE DIRECTION LESS WITH NEGATIVE BIAS, HOWEVER THE STOCK SPECIFIC ACTION TO CONTINUE.


THE FOLLOWING SCRIPTS HAVE BEEN IDENTIFIED FOR A MONTH VIEW OF HOLDING:


VISAKA IND(509055 CMP:101.50) TARGET 125-130


SUJANA TOWER(532887 CMP:33.40) TARGET 60-65


TAJ GVK (532390 CMP:101.40) TARGET 120-130


ORCHID CHEM(524372 CMP:287.40) TARGET 298-305+++( LONG TERM BUYERS LAST OPPORTUNITY TO BUY-AS THE STOCK IS MULTIBAGGER. TARGET 500++ IN 12-18 MONTHS)


MUTHOOT FINANCE(533398 CMP:175.30): TARGET 190-195


MANAPPURAM GEN FIN(531213 CMP:112.15): TARGET 125-130


LUPIN(500257 CMP:451.20): TARGET 480-500


RALLIS(500355 CMP:1385.00): TARGET 1400-1480-1530-1600-1650-1770++ BY NEXT 45-60 DAYS. VERY GOOD STOCK. BUY BUY BUY++++++++VE FOR THIS




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.

Disclaimer: 

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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