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Market Talk

Monday, July 16, 2007

Acc: Buy above 1025 and book profits at 1042.

Century Text: Strict buy above 740 only for the target of 747.

Icici: Buy above 975 for the target of 984. Reversal will be confirmed if it close above 980 and 975 on the lower side is protected. If we witness such a closing then buy option call of 980 at around Rs.18/- and sell it around Rs.28/- with in the week.

Ivrcl: Buy above 429 for the target of 438. Cover your call option of 400 near Rs.30/- bought near Rs.22/-. You may cover the Friday position bought at 422 near 427.

Jet: A closing above 810 shows the bullish break out in the stock. Cover your BTST near 815. Break of 820 will initiate a buy for the target of 834.

JP Ass: Let us wait for 900 levels to be crossed with volumes for our target of 932.

Maruti: Buy above 840 for the target of 850.

Rcom: Up move possible only 565. Once it breaks 565 and start trading buy call option of 560 around Rs.18/- and book profit near Rs.25/-.

Sterlite: The stock has a target of 695 with the stop loss of 650.

Satyam: Cover BTST near 496. Buy if it breaks 496 for the target of 504 & 510. Buy call option of 480 around Rs.20/- and exit at Rs.27/-.

Tata Steel: Buy if it breaks 700 for the target of 706 & 717. Ultimate target is 735.

Titan: Buy above 1275 for the target of 1297. Strict stop loss 1250.

Buy NTPC and Syndicate Bank for a 40-50rs upmove in a period of 2 months.

Buy ICICI Bank for 50-75rs upmove frm current levels.

Buy Expo Gas(bse scrip code: 526614) for a target of 100rs.

Buy KLG Systel for a minimum target of 800rs.

UCO Bank to double from current levels. Its RJ`s counter.

GMR long term target is 3000rs.

AIA Eng long term target is 3000rs.

Lanco first target is 400rs and then 1000rs.

Aptech first target is 600rs and then 1000rs.

Next target for Reliance is 1850rs.

Short Term Targets

Petronet Rs 70
IDBI Rs 135
ICRA Rs 1150
SAIL Rs 175

BTST calls:

1. Buy Ivrcl at 422.
2. Buy Jet at 810.
3. Buy Satyam at 492.

Note: Above ideas are from various analysts.

Posted by FR at 6:40 AM  

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IMPORTANT DISCLAIMER

Investment in equity shares has its own risks. Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that we consider reliable. I, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred based upon it.& take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations given in this blog.