Saturday, February 26, 2011

Market Updats 28th Feb11

Nifty sideways to bearish having support 5220. Stock specific/sector specific movement will be witnessed based on announcements for various sectors in the Budget.
Elecon Engineering strong growth in its   order inflows  MindTree signed two deals worth over   USD70 million  Hindustan Unilever 40 new products   in last 4 quarters  

Bharat Electronics
Dishman Pharma
GSFC
Deccan Chronicle Holdings

Budget Picks 2011
Gas & Oil prices end long standing relationship
Whats now in the price ans is this attractive enough for investor to consider buying equities.

Buy ABnuvo cmp 758 stoploss 749 target 766
Buy DCB cmp 42 stoploss 40 target 44
Sell Herohonda cmp 1500 stoploss 1524 target 1463
Buy Silver cmp 50099 stoploss 49650 target 50500

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