Weekly news letters and stocks to watch out for.

>> Sunday, February 22, 2009

Last week we saw some great falls. All was due to bad global cues and more over the disappointing budget.
Market broke the 9K mark in the last trading session.
GOLD is yet a precious metal.
Rupee and Dollar play is set again as $ was 50Rs plus.
Inflation is now at one years low.
Analyst predict that markets will remain volatile.
Further down side is expected.

Sectors to look out for.
IT
Fertilizer.
Keep a close eye on GOLD stocks.

Stocks to look out for.
Rajesh Exports.
Infosys
Ultratech Cement
ITC

NIFTY weekly technicals.

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2 comments:

a r February 24, 2009 at 8:48 AM  

sIR i AM HAVING 339 SHARES OF SESA GOA AT AN AVERAGE PRICE OF 120.80. SHALL I ADD FURTHER FOR AVERAGE OR TO WAIT TO RAISE THE PRICE. PLEASE ADVISE

Chirag Jethmalani. February 25, 2009 at 5:49 AM  

I would advice you to wait for some time and then average it.
Average in levels of 70 - 75. Or even Lower.