Newsletter dated 30th May,2007
U.S. stocks ended higher on Tuesday, helped by a wave of takeover news involving tech companies such as Avaya Inc. but China's move to cool off its skyrocketing stock market limited Wall Street's broader advance and raised concern about a global equity sell-off. The Dow Jones industrial average <.DJI> edged up 14.06 points, or 0.10 percent, to end at 13,521.34. The Standard & Poor's 500 Index <.SPX> inched up 2.38 points, or 0.16 percent, to close at 1,518.11. The Nasdaq Composite Index <.IXIC> rose 14.87 points, or 0.58 percent, to finish at 2,572.06.
All Asian markets are down anywhere between 1-1.5% as Shanghai Markets are down over 6% due to hike in STT over 3 times. Sensex is also likely to open 100-120 points lower following the global markets but we might witness pullback very soon. I like oil marketing PSUs as crude is even lower today at 63.3$ and rupee trading at 40.52. Have courage and buy at opening bell.Take advantage of this morning fall.
TOP BUYS......
1. BPCL (Strongly recommended)
2. HPCL
3. IOC
4. VSNL
5. INSECTICIDES (INDIA) LTD - If it lists lower
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.
NEW LISTINGS TODAY:-
1. MIC Electronics Limited
2. Insecticides (India) Limited
3. McDowell Holdings Limited
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.
All Asian markets are down anywhere between 1-1.5% as Shanghai Markets are down over 6% due to hike in STT over 3 times. Sensex is also likely to open 100-120 points lower following the global markets but we might witness pullback very soon. I like oil marketing PSUs as crude is even lower today at 63.3$ and rupee trading at 40.52. Have courage and buy at opening bell.Take advantage of this morning fall.
TOP BUYS......
1. BPCL (Strongly recommended)
2. HPCL
3. IOC
4. VSNL
5. INSECTICIDES (INDIA) LTD - If it lists lower
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.
NEW LISTINGS TODAY:-
1. MIC Electronics Limited
2. Insecticides (India) Limited
3. McDowell Holdings Limited
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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