We suggests investors / traders to must buy fundamentally strong scrips at lower levels. At the same time, don't invest all cash in shares now. Markets are still under bear grip. No government policies or financial reforms protects retail investors money. Always be care, reflects emotions of buyers / sellers. Different analysts/experts/brokers/firms says different types of targets, who is correct? Nobody predicts accurately, believe yourself first.
BSE SENSEX - NSE NIFTY
| Index | Support | Resistance | Month |
|---|---|---|---|
| NSE NIFTY | 4800 | 5400 | August 2011 |
| BSE SENSEX | 16000 | 18000 | August 2011 |
Topics to Watch
Financial results, corporate actions and announcements can impact on specific stock prices.
Telecom scam, Promoter holding pledge, Alleged Mining, IT raids are most active news now.
Be aware lot of negative news items on card.
Worst topics: US crises, Rising Inflation, World economy slow down, Crude volatility, Rising bank rates, etc.
Fertilizer scam ahead. Be alert on some agriculture chemicals and fertilizers companies got illegal subsidy from government of India. Reports under CAG scan. Wait and watch, don't buy for long term. After Fertilizer decontrol, Now sugar decontrol on card.
Investment Advice: We recommends avoid huge investments now. No panic, just wait and watch to invest. According to confidential capital market research reports, strong bear market ahead. Don't expect any Bullish targets for short term.
Did you know? above 90% of day traders loss their wealth in margin trading, please don't join in this list.
Performance
Nitin Fire Protection, Advanta India, Gujarat NRE coke, Carol Info Services, IFB Agro, EIH, Dolphin Offshore, Ganesh housing, Sarda Energy, Bilpower, CCL Products, Mudra Lifestyle, Shyam Telecom, ...series of recent success tips.
Most of recommended securities performing well. See the latest posts to know the past performance of recommendations.
Share Market Trading Recommendations to buy / sell
Manjushree Technopack Limited
Manjushree Technopack is an integrated packaging solution provider to leading consumer products.
Current share price level - Rs. 85.
Buy at current level, with stoploss of Rs. 80.
Target price is 5 to 10 percent jump.
This is intraday tip. Book profit at higher levels.
Indiabulls Power Limited
Indiabulls power is one of the business house over Power solutions.
Current share price level - Rs. 16.
Buy at current level, with stoploss of Rs. 15.
Target price is 10 to 15 percent jump.
This is intraday tip. Book profit at higher level.
OnMobile Global Limited - Investment Idea
OnMobile is one of the largest data and Value Added Services [VAS] provider company for Telecom service providers. OnMobile is the first Indian telecom VAS Company to go public listing.
OnMobile offers a one stop solution for all innovative products in M-commerce, entertainment, interactive television programming, mobile marketing, social networking and lot of technology driver services. Services of OnMobile span all mobile access channels such as Voice, SMS, WAP, USSD, Video and Web.
Stock trading now at 65 level. Buy at current market price with stop loss 50 level. Can't say accurate target, but invest in growing. Purely medium term investment call. Strong fundamentals and well established large client base are advantages to invest in this company. If no confidence on this company, invest a small amount on systematic line.
Hot stocks
Inventure Growth.
TV18 Broadcast Limited.
Avoid banking, realty scrips.
Update on 16-August-2011, 8.45 AM. Regular updates before stock exchange open.