Monday, May 08, 2006

INITIATE FRESH LONG POSITIONS, STOP 3640

08, May
Nifty 3663.95


Nifty seems to be heading towards3700 region today. And it could hover around this region for some time before moving towards 3750 region. Fresh long positions can be initiated at current levels. The stop for the view is 3640 for today.

Majority of the individual stocks are ready for a strong rally.


Nifty is forming a big base for a strong rally and it has potential of moving towards 4200 in a very short span of time.

Saturday, May 06, 2006

SHORT TERM INVESTMENT PICKS

06, MAY

The technical picture of mid-cap companies show they are about to explode in the upside in coming weeks. Here, I am presenting some short term investment picks. Though the list of the scrips is very high, I am presenting my view on some scrips.

S kumars is looking attractive at current levels, and it has potential of testing 90 levels in coming weeks. The stop can be kept at 53.

Himachal Futuristics is looking bullish at current levels and it has potential of doubling from current levels in coming weeks. The stop can be kept at 39.


Prism cement has potential of testing 65-70 region in coming weeks. The stop can be kept at 36.