Short term projection: NSE Nifty range is 5000 to 6000 points. BSE Sensex range is 16000 to 20000 points.
Performance of tips
Yesterday recommendation Simplex Infra up ten rupees and other companies not performed well. We are commit to improve our technical equity research. Wait and watch the performance for tomorrow.
Welspun India Limited: Welspun India is a multi-business company including engineering, line pipes and textiles. Scrip is listed both in NSE and BSE. Now price quotes at 52 week low level, 52 week high is Rs. 115.
Welspun Group's worth is 1.3 lakhs millions Indian rupees. An amalgamation of expertise, opportunities, resources and engineering excellence. Global leadership position in Line Pipe and Home Textiles. Its client list includes most of the Fortune 100 Companies.
Buy this scrip as swing call. CMP is Rs. 44, stoploss Rs. 40, target is Rs. 55. Rs. 10 per share. Sudden buying is seen. Be remember use strict stop loss for all calls.
Fame India: FAME India is the Foundation for Action, Motivation and Empowerment India. FAME India Ltd formerly known as Shringar Cinemas.
This scrip recommended to sell continuously, we once again renew this call. Sell if you have holdings. stock trades above Rs. 75 with strict stoploss of Rs. 80, strong resistance, Don't hold for short-term without reason. Target is Rs. 55 within week.
| Definition | Data of Activity |
|---|---|
| Hot stocks | Global vectra, Tata Metalics, Siyaram, Wabco-TVS, Gulf oil corp, Zenith info, Sakthi sugar and Sugar stocks |
| Stocks in news | Reliance broadcast, ITC, Tata Power, Monnet Ispat, Mahindra Satyam, SREI Infra, Hindustan copper and Sugar companies. |
| IPO news | New issue opening.Shilpi Cable Technologies Ltd IPO Detailed News. |
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Update time: 23 March 2011, 8.50 (IST), Wednesday.