MARKET REMAINED BULLISH THROUGHOUT THE DAY,EVEN THE WEAK GDP DATA(grew @7.8% in the Q4 ending March 2011 Vs 8.2% in Q3),AFTER A BLIP AND NIFTY ENDED AT 5560.15
NOW NIFTY WILL HAVE RESISTANCE AROUND 5620-5650 RANGE AND MARKET MAY TAKE A PAUSE.BOOK PROFIT AROUND THESE LEVEL AND WAIT FOR SOME CORRECTION TO RE-ENTER THE MARKET. IF NIFTY SUSTAINS ABOVE 5650-5700 THEN NIFTY COULD HEAD TOWARDS 5850-5900.
HOWEVER STOCK SPECIFIC ACTION TO CONTINUE. FOLLOWING STOCKS HAVE BEEN CONSIDERED GOOD FOR INVESTMENT BY SOME FAMOUS ANALYSTS:
INGERSOLL RAND: BUY BUY BUY
KEC INTERNATIONAL: BUY BUY BUY
BGR ENERGY: BUY BUY BUY
SKUMAR NATION: BUY BUY BUY
TIMKEN:
PIPVAV SHIPYARD:
PIRAMAL GLASS:
ORCHID CHEMICAL:
M&M FINANCE:
ARVIND:
SURAJ DIAMOND:
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.
NOW NIFTY WILL HAVE RESISTANCE AROUND 5620-5650 RANGE AND MARKET MAY TAKE A PAUSE.BOOK PROFIT AROUND THESE LEVEL AND WAIT FOR SOME CORRECTION TO RE-ENTER THE MARKET. IF NIFTY SUSTAINS ABOVE 5650-5700 THEN NIFTY COULD HEAD TOWARDS 5850-5900.
HOWEVER STOCK SPECIFIC ACTION TO CONTINUE. FOLLOWING STOCKS HAVE BEEN CONSIDERED GOOD FOR INVESTMENT BY SOME FAMOUS ANALYSTS:
INGERSOLL RAND: BUY BUY BUY
KEC INTERNATIONAL: BUY BUY BUY
BGR ENERGY: BUY BUY BUY
SKUMAR NATION: BUY BUY BUY
TIMKEN:
PIPVAV SHIPYARD:
PIRAMAL GLASS:
ORCHID CHEMICAL:
M&M FINANCE:
ARVIND:
SURAJ DIAMOND:
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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