06/04/2010

SGXNIFTY: UP 15
HANG SENG:
NIKKEI: DOWN 47
SHANGHAI: UP 16.3
DOW: UP 46.48
NASDAQ: UP 26.95

Global Market update 8.32am on 05/04/10 Dow up 0.4% Nasdaq up 1.1%. On 06/04/10 SGX Nifty up 15 points.

Outlook for Today : Mrkt to open positively following strong global cues. Important support on the Nifty is 5,250 while 5,350 is acting as a crucial resistance

Buy Dena Bank LTP Rs.82.65 stop loss Rs.79 target Rs.88. 2)Buy ABB LTP Rs.845 stop loss Rs.832 target Rs.865


Buy GESHIP at 304.40 .TGT Rate 314 TGT Date 6-Apr SL 299


Buy SUZLON at 75.40 TGT Rate 81.50 TGT Date 8-Apr SL 73.50

Reliance Industries stock is a case of 'when the f
Buy Marico on dips, avoid Bharti
Jackpot buy INDBNK 523465

Buy ZEEL at 281.60 TGT Rate 291 TGT Date 8-Apr SL 276.50

Buy ABB for target of Rs 865: Religare
Buy Hindalco for target of Rs 195-196: Karvy
Reliance Infra - Buy w/ stop loss below Rs 1058:

Buy DLF for target of Rs 340: India Infoline
Buy Chambal Fertilisers 4 target of Rs 69: India I
Buy Sterling Biotech 4 target of Rs 130:

Buy JINDALSTEL at 718 TGT Rate 732 TGT Date 7-Apr SL 710


Buy DLF for target of Rs 340: India Infoline
Buy Chambal Fertilisers 4 target of Rs 69: India I
Buy Sterling Biotech 4 target of Rs 130:

Buy RELIANCE CAPITAL 800 CALL between Rs.20 - Rs.25 Target Rs.35 in 2 - 3 days. Stop Loss = Rs.18 on closing Basi

Buy Colpal between Rs.682 - Rs.690 Target Rs.731 in 2-5 days. Stop Loss = Rs.673 on closing basis


Buy OnMobile between Rs.404 - Rs.407 Target Rs.432 in 1-3 days. Stop Loss = Rs.396 on closing basis

Buy Kotak Bank between Rs.775-770 Target Rs.800 in 1-2 days. Stop Loss = Rs.765 on closing basis

Indian Market May Trade Range-bound - The Indian market may open on a flat to slightly higher note Tuesday, tracking positive Asian cues. Besides, growing optimism over fourth-quarter earnings by India Inc and sustained buying by foreign funds may help stocks extend their previous session's gains. However, relatively expensive valuations and expectations of another hike in policy rates could lead to a little bit of intra-day volatility.

Buy Hind Oil Exp (500786) between Rs.256 - Rs.250 Target Rs.280 in 10 days. Stop Loss = Rs.248

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