Tuesday, November 6, 2007

Market Analysis & Positional Calls

Market Analysis - These are Small Bliffs in the Market.Nifty Index value is Going up so we should not Panic by seeing 200-250 Points fall on Nifty..Tomorrow Best Oppertunity to Buy Nifty Fut In Panic & at every Lower Levels for Target intact 6080/6150 in a Week.Bulls to Charge!!!

RPL,RNRL & other stocks if you are stuck in at higher levels they are advised not to panic & exit & suffer losses.Buy tomorrow more at lower levels & Avg T 250+++ for RPL.

Positional Calls :-

1> Buy Praj Ind in Fut @ 192-194 T 228/242 SL 176.95

2>Buy I-flex Futures when trades between 1450-1475 T 1580/1620 within this month.
(Investment Call Target Rs 1860/2100)
Reason : Oracle has 80% stake in I-flex Solutions Ltd.It is Expected that it may eye in taking full 100% stake in this company & may come for a Buyback or an Open Offer around Rs 2500-3000..So good for Medium-Long Term Investment.Its Fundamentals & Results were pretty Good too.



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