1. Recap:MTNL gave a profit of RS 1.2/-, Indian hotel gave a profit of Rs 7/-, Surya Pharma gave a profit of Rs 21/-, xpro gave a profit of Rs 2.5/- and Dish TV gave a profit of Rs 1.5/- for every share bought.
2. Stock market Update: Market is likely to open weak and thus it is advised to wait for first 15 minutes and than initiate trading. However market likely to recover during day and may offer great opportunity for value investors. Avoid trading in trade to trade and Z category stocks as already a number of them hovering near 52 week high and chances of fall are more.
3. Strong Future Stocks
Lanco Infratech
Ansal Prop
Praj Industries
Adlab Films
Essar Oils
Deccan Aviation
Triveni Engg
Bajaj Hindustan
Oswal Chemicals
JSW Steel
4. Weak Future Stocks
Federal Bank
Satyam
BHEL
Titan
Crompton Greaves
Bharat Earth Movers
Mphasis
Infosys
Patni Computers
Bharat Electronics
5. World Key Index Update
SENSEX 20030.83 -73.56
NIFTY 6047.70 -10.40
FTSE 6385.3 +0.33%
NASDAQ 2668.49 -0.10%
DOW JONES 13517.96 +0.33%
NIKKEI 15514.5 -0.14%
6. Day Trading Tips:
(a) Buy CLUTCH AUTO>111.25, 115.40 119.15 SL 109.7
(b) Buy SRF>187.7,190,193.4 sl 184.9
(c) Buy Hind oil Exploration>170.1,174,181 sl 166.5
(d) Buy MTNL>187.5,191.20,196.15 sl 183.45
Free Indian Share Market Recommendations:17 Dec
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