Wednesday, February 23, 2011

Market Updates 24 Feb11

Rollovers were weak as investors are not confident of taking positions ahead of the budget on Feb 28 and due to uncertain global cues. Nifty to perhaps retest the 5330 levels in the short term, especially if it breaks below 5400.
Yes Bank will be able to deliver a loan   growth of 35 percent.      Mundra Port enjoys a unique combination   of port and SEZ .  Dish TV exponential growth in the Indian   Pay TV market.  

Glaxosmithkline Company
Dr Reddy Labs
Marico
Deccan Chronicle Holdings

Buy Jaicorp cmp 181 stoploss 177 target 185
Buy Prestige cmp 126 stoploss 123 target 129
Buy Hcltech cmp 459 stoploss 453 target 466
Sell Nickel cmp 1295 stoploss 1318 target 1250

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