1. RECAP: GMR gave a profit of rs 8/-, Escorts gave a profit of Rs 10, Crompton gave a profit of rs 12, ranbaxy gave a profit of 5/-, FSL gave a profit of Rs 2/-, IDBI gave a profit of rs 4/- and dena bank gave a profit of Rs 3/- for every share purchased.
2. TREND OF MARKET: Market likely to open weak and now is the time to be cautious as small cap index was in negative despite stock market hitting new heights. Even the depth of the market is negative and the rally in stock market index was stock specific and declines outnumbered advances indicating a decline is in offing. market is likely to recoup losss during the day but use stop loss and be present near stock terminal to avoid being surprised. if feasible restrain from trading in small cap stocks as those are likely to get the most hit.
3. Strong Future Stocks
Adlab Films
Bombay Dyein
Parsvnath
Canara Bank
Reliance Energy
India Infoline
Aditya Birla
Hind Petrol
Tata Power
Rel Natural Resources ltd
4. Weak Future Stocks
Maruti
ACC Ltd
Sun Pharma
TCS
Satyam
Strides
Bajaj Auto
BHEL Ltd
IFCI Ltd
Shree Cements
5. Day trading tips:
Buy Escorts>168.5,174,183 sl 164.5
Buy Ranbaxy>427.5,430,434 sl 423.9
Buy Crompton greaves>400.2,404,407 sl 396
Buy Reliance communications>761.1,767,774 sl753.9
Buy Tata Power>1630.1,1649,1654 sl 1623.9
Buy IDBI>176.6,179,183 sl 173.7
Buy Dena Bank>94.40,95.60,97.75 sl 91.9
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Free Indian Share Tips:07 Jan
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