Newsletter dated 11th June,2007
U.S. stocks could move higher this week after a bond market rout led investors to wonder if the threat of inflation was on the horizon or if the economy was actually stronger than expected, and good for stocks. Friday's recovery after last week's three-day slide is a good indication of where the market is headed as investors realized they overreacted to a spike in market interest rates. The blue-chip Dow Jones industrial average <.DJI> climbed 157.66 points, or 1.19 percent, to end Friday's session at 13,424.39. The broad Standard & Poor's 500 index <.SPX> gained 16.95 points, or 1.14 percent, to finish at 1,507.67. The Nasdaq Composite Index <.IXIC> advanced 32.16 points, or 1.27 percent, to close at 2,573.54.
The Nikkei average rose 0.47 percent on Monday with exporters such as Canon Inc. up after a rise in shares in the United States, one of the biggest markets for Japanese goods. Exporters are up following a gain in U.S. stocks, but it's not just that, because in recent trade investors have been quick to buy on dips after taking profits. Investors are generally encouraged by solid corporate earnings outlooks and rising yields, which could indicate a healthy economy. The Nikkei <.N225> finished the morning up 84.15 points at 17,863.24, and the broader TOPIX index <.TOPX> added 0.59 percent to 1,766.50. The blue-chip Hang Seng Index <.HSI> was up 0.6 percent, tracking a rebound on Wall Street. All other Asian markets are up anywhere between 0.50-1 %.
Our markets are likely to follow the global markets. We might witness strong buying in blue chips and heavy weights. Technology stocks might also witness value buying. OIL marketing PSUs might see bounce back today. Nifty is likely to open 20-25 point up.
TOP BUYS.....
1. ACC
2. HPCL
3. VSNL
4. BPCL
5. MARUTI
6. SKF INDIA
7. UNITECH
8. AVAYA GLOBAL
Note:-
1. Place appropriate Stop loss below your cost price.
2. Do your own homework before trading.
3. Book profits if you get 3-4% 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.
The Nikkei average rose 0.47 percent on Monday with exporters such as Canon Inc. up after a rise in shares in the United States, one of the biggest markets for Japanese goods. Exporters are up following a gain in U.S. stocks, but it's not just that, because in recent trade investors have been quick to buy on dips after taking profits. Investors are generally encouraged by solid corporate earnings outlooks and rising yields, which could indicate a healthy economy. The Nikkei <.N225> finished the morning up 84.15 points at 17,863.24, and the broader TOPIX index <.TOPX> added 0.59 percent to 1,766.50. The blue-chip Hang Seng Index <.HSI> was up 0.6 percent, tracking a rebound on Wall Street. All other Asian markets are up anywhere between 0.50-1 %.
Our markets are likely to follow the global markets. We might witness strong buying in blue chips and heavy weights. Technology stocks might also witness value buying. OIL marketing PSUs might see bounce back today. Nifty is likely to open 20-25 point up.
TOP BUYS.....
1. ACC
2. HPCL
3. VSNL
4. BPCL
5. MARUTI
6. SKF INDIA
7. UNITECH
8. AVAYA GLOBAL
Note:-
1. Place appropriate Stop loss below your cost price.
2. Do your own homework before trading.
3. Book profits if you get 3-4% 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.
