Weekly News letter and Stocks to watch out for.

>> Sunday, May 17, 2009

UPA wins election 2009. the markets are ought to cheer.

What we saw last week -
FII movements. (A positive factor)
Profit bookings at higher levels.
Bad IIP data.
Markets giving moderate gains.

Sectors to look out for -

  • Pharma
  • Telecom
  • Oil and gas.
Stocks to watch out for -
  • Aban Offshores - (618.80) Targets of 635 and 662. SL of 556
  • Idea Cellular - (64.95) Targets of 66.10 and 69. SL of 61
  • LNT - (988.15) Targets of 1045 and 1100. SL of 945
  • Unitech -(51.00) Targets of 54 and 57. SL of 48
NIFTY Weekly Technicals.

HAPPY INVESTING !

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