CALLS FOR 18TH MAY 2009

THE CONGRESS PARTY HAVING WON THE ELECTION WILL HAVE GOOD EFFECTS ON THE STOCK MARKETS NOW. MARKET WILL OPEN WITH A GAP UP .MARKET WILL OPEN ABOVE 3735 AND CAN TOUCH 3815 IN A DAY OR TWO.LOT WILL DEPAND ON WHO WILL BE THE NEXT FM, IF THE CHOICE AS EVERY ONE IS NOW SAYING ABOUT MR.MONTEK SINGH WILL MAKE THE SENTIMENTS MORE BULLISH IN SUCH A CASE THE BOTTOM WILL NOW BE ABOVE 3400-3500 AND WE MAY NOT REVIST THE LOWS.ONLY ISSUE WILL THE WORLD ECONOMY WHICH IS STILL NOT GIVING THE CLEAR INDICATION THAT THE WORST IS OVER.BUT ALL SAID AND DONE WE WILL BE CLEARLY NOW SEEING THE MARKET MOVING UP WITH STERNGHT.IF ANY CORRECTION COME IT WILL BE A OPPORTINUTY TO INVEST.DO NOT LET THIS OPORTINUTY GO.
STAY LONG WITH THE SYOPLOSS OF 3450. NIFTY HAS RESISTANCE AT 3815-3905-4000.
KEEP YOUR EYES ON PSU STOCKS LIKE HPCL & BPCL AND ALSO ONGC. NTPC AND POWER GRID CAN GET A BOOST. INFRASTRUCTURE AND FERTILIZER STOCKS WILL ALSO MOVE UP.

POWER GRID Buy IF BREAKS 102.50 TGT105, 107 SL100.50

BUY BALRAMPUR CHINI ABOVE 82.5 WITH STRICT STOPLOSS OF 78 FOR THE TARGET OF 96.

BUY RANBAXY LABS ABOVE 204 WITH STRICT STOPLOSS OF 200 FOR THE TARGET OF 235.

BUY IB REAL ESTATE ABOVE 162 WITH STRICT STOPLOSS OF 155 FOR THE TARGET OF 242.

BUY CROMPTON ABOVE 182 WITH STRICT STOPLOSS OF 177 FOR THE TARGET OF 200-215.


ITC Buy SL185 (closed at 186) upper targets 204 to 210

PUNJ LLOYD Buy above 135 SL130 good moves. For short term buy with SL125 for upper targets 165-170-180