On global cues market to open flattish with positive bias for the first hour of trading and selling can be see to the extent of 40-50 point in nifty from the high of first hour.
Buy on decline will the best strategy in this market condition.
Today the action will be in the banking and steel stocks.
We still have the position in Idea cell , Chambal, Zicom and Noida toll,If you have position in idea cell then you can sell at 91.
Today we will be taking fresh positions in DCB ,If it holds above 42 levels.
In penny stocks we have huge position in cals Refinery @ 0.35, now it is at 0.87 paise, one can buy this stock at current levels for a target of Rs 7-8 in years time.
Today nifty can take support at 4310/4270/4235 and resistance at 4370/4390/4410 for the day.
BSE, NSE Stock Ticker, India
Thursday, May 28, 2009
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment