Newsletter dated 28th May,2007
The Nikkei average rose 0.68 percent by the end of morning trade on Monday as a weaker yen lifted shares of exporters such as Kyocera Corp. Last week's trend of the weaker yen is continuing, so that is a plus for exporters. Market participants said investors were likely to be concerned by two newspaper surveys on Monday that showed public support for Prime Minister Shinzo Abe has fallen to its lowest level since he took office. The Nikkei <.N225> finished the morning up 118.22 points at 17,599.43. The TOPIX index <.TOPX> was up 0.58 percent at 1,725.41. The blue-chip Hang Seng Index <.HSI> was up 0.3 percent, tracking firm Asian markets. All other asian markets are trading in the green.
Sensex gave a very strong bounce back on friday despite of weak global markets.This momentum is likely to continue in the morning with blue-chips and heavy weights lifting the indices. Technology stocks gave a very strong move on friday but still the upside seems capped due to weak dollar which is expected to weaken further following 2 big IPOs coming next month (DLF and ICICI Bank). Short technology stocks at higher levels. Oil marketing companies may bounce back today following lower crude prices and strong rupee.
TOP BUYS......
1. BAJAJ AUTO
2. HPCL
3. BPCL
4. VSNL
5. ERA CONSTRUSTIONS
TOP SELLS.....
1. SATYAM COMPUTERS
2. HCL TECH
3. INFOSYS
4. TECH MAHINDRA
Note:-
1. Place Stop loss 3-4% below your cost price.
2. Do your own homework before trading.
3. Book profits if you get 2-4% return.
ANURAG DUJARI
Mobile - 09831909904, 09433988791, 09330911514, 09883059291
Messenger ID - anurag130
E-Mail - anurag130@yahoo.com
Disclaimer and Terms of Use: Stock market is subject to risk. High risk high gain is the key to stock market. We are not responsible for any loss or profit associated with stocks mentioned on this site/ by us. Under no circumstances will we be held liable for losses incurred due to information presented anywhere on the site or given through yahoo messenger or SMS. Please do your own research before establishing an equity/ derivatives position in a company. Not all stocks recommended by us are suitable for your investment needs. Carefully evaluate your own risk appetite. Subscription Prices subject to revise whenever required. Subscription Fees once paid cannot be refunded under any circumstances. Any error in this document cannot be claimed by anyone. Technical faults during online calls or SMS cannot be claimed by any of the clients and it’s beyond the limit of the service provider. Due to technical faults, the service might interrupt for short duration and no claim or refund will be entertained. Delay in SMS delivery is not within our limits and its totally mobile operator dependant. The articles on this site are not written by a registered investment advisor. The author may or may not be holding a position in companies that are being analyzed. More likely than not, the author will have an interest in the stock mentioned.The price offer and services are complimentary and subject to revise when and where required. No refund/ No Claims can be entertained once subscription is availed for that period.
Sensex gave a very strong bounce back on friday despite of weak global markets.This momentum is likely to continue in the morning with blue-chips and heavy weights lifting the indices. Technology stocks gave a very strong move on friday but still the upside seems capped due to weak dollar which is expected to weaken further following 2 big IPOs coming next month (DLF and ICICI Bank). Short technology stocks at higher levels. Oil marketing companies may bounce back today following lower crude prices and strong rupee.
TOP BUYS......
1. BAJAJ AUTO
2. HPCL
3. BPCL
4. VSNL
5. ERA CONSTRUSTIONS
TOP SELLS.....
1. SATYAM COMPUTERS
2. HCL TECH
3. INFOSYS
4. TECH MAHINDRA
Note:-
1. Place Stop loss 3-4% below your cost price.
2. Do your own homework before trading.
3. Book profits if you get 2-4% return.
ANURAG DUJARI
Mobile - 09831909904, 09433988791, 09330911514, 09883059291
Messenger ID - anurag130
E-Mail - anurag130@yahoo.com
Disclaimer and Terms of Use: Stock market is subject to risk. High risk high gain is the key to stock market. We are not responsible for any loss or profit associated with stocks mentioned on this site/ by us. Under no circumstances will we be held liable for losses incurred due to information presented anywhere on the site or given through yahoo messenger or SMS. Please do your own research before establishing an equity/ derivatives position in a company. Not all stocks recommended by us are suitable for your investment needs. Carefully evaluate your own risk appetite. Subscription Prices subject to revise whenever required. Subscription Fees once paid cannot be refunded under any circumstances. Any error in this document cannot be claimed by anyone. Technical faults during online calls or SMS cannot be claimed by any of the clients and it’s beyond the limit of the service provider. Due to technical faults, the service might interrupt for short duration and no claim or refund will be entertained. Delay in SMS delivery is not within our limits and its totally mobile operator dependant. The articles on this site are not written by a registered investment advisor. The author may or may not be holding a position in companies that are being analyzed. More likely than not, the author will have an interest in the stock mentioned.The price offer and services are complimentary and subject to revise when and where required. No refund/ No Claims can be entertained once subscription is availed for that period.
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