1. Market: It appears the pain may not be over due to further fall in the world markets.Watch 12800,12000 level and thereafter May 06 type Mayhem may start.
2. Strategy: Avoid going short as the trend of market is not clear and one may be trapped by going short.Invest in fundamental stocks with medium term to long term in view.
3. Best Bets: Buying in Biocon and Suzlon.
4. Day Trading: Buy Biocon if market opens positively to achieve target of 457 SL 439.95.
Sell ACC<812.95 to see stock stumbling and thus keep an eye on this price as and when reached. Buy Siemens>1140.5 target 1159.9 sl 1129.95
5. Strong Future Stocks: Ifci Ltd, Wockhard ltd, Jsw Steel Limit, Jindal Stainless, Bajaj Hind, Bharat Elect, Aban Offshor, Karnataka Bank, Praj Industr and Patni Computer.
Weak Futures: Nagarjuna Constr, Parsvnath Develo, Bata (i) Ltd, Ivrcl Infrast, Jaiprakash Assoc, Grasim Inds, Orient Bank, Hindustan Const, Jet Airways and Guj Amb cement.
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