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INDIAN STOCK MARKET: Intraday calls for 10-08-07

Thursday, August 9, 2007

Intraday calls for 10-08-07

Guys/Gals, don't want to say this, but we might some good correction today.. maybe 300+ :(

Short sell: L&T, SBI, BEL, BHEL, etc..

Buy Punj Lloyd and Suryachakra Power Corporation on DIPS, target(short term): 330 and 23 respectively..

Incase markets open flat or positive go for:
Buy Gayatri Projects at 294, target: 300. Stoploss: 291
Buy Omaxe at 349, target: 356. Stoploss: 345
Buy Punj Lloyd at 286, target: 291. Stoploss: 283

5 comments:

Raj said...

Yes CB... Its probably going to be a Blood bath today. DOW down by 3 %, european markets in RED.. Better to take a sleeping pill and stay away from markets..

Harsha said...

is it time to buy punj lloyd? or idea cellular? Do think this bloodbath will continue on monday?

Stocksvalley said...

Hi Raj..Yes,rightly said.. :)

Hi Harsha, wait till monday morning, we need to watch global queues tonight, if they look good, then we can go ahead and buy Monday morning...

Raj said...

how is nagfer at CMP ? 24.4 ? good for future ??

Stocksvalley said...

Hi Raj, no real reason for this stock to rise.. it has touched 26.50 now..dont get into it at these levels..