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Tuesday, January 15, 2008

Recap: CCCL gave a profit of Rs 70/-, Neyveli Lignite gave a profit of Rs 5/-, CBOP gave a profit of Rs. 4,IDEA gave a profit of Rs 2/- and Infosys gave a profit of RS 21/- for every stock tip for every single share.

Warning Bells: Stock market both Nifty and Sensex are in down trend and it appears now the down slide may commence as market has topped ahead of reliance Power IPO. Sensex has a strong support at 19700. Nifty 6000 is a great psychological barrier. Market will open weak.

Strong Future Stocks

Renuka Sugars
Aditya Birla
Educomp
BOI
RNRL
Karnataka Bank
United Phosphorous
Orchid Chemicals
Indian Bank
Idea

Weak Future Stocks

JPAssociates
ACC
Aurobindo Pharma
Birla Corpn
Maruti
HCL Tech
Bharti Tele
Infosys
Sail
Nagarjuna Constructions
Nagarjuna Fertilisers


Intraday Tips

Sell Essar Oil< 289.8, 285,277 sl 294.5
Sell Infosys<1498.9,1494,1489,1483,1464 sl 1504 (Watch the stock as it can rebound from any level as 1500 is a strong support.)
Buy Bank of India>436.1,439.5,445,450 sl 431.8


Delivery
Tata Motors, IDEA, IFCI, ISPAT, RNRL, RCom, CBOP, Renuka Sugars

Note: Please stick with a stop loss as market can surprise a day trade not following screen and protect your profit with stop loss following technique.

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