Our Recommendations:Buy NTPC @ 200, Long term target 300-350 || Buy Elecon Engineering @ 200, One Year Target 300-325 ||Buy Prakash Industries @ 180. One year Target 300.Target Achvd ||Ashapura Mine @ 375 . One year Target 580.||Yes Bank, Target 240. Target Achvd ||Powergrid ,Target=160.Target Achvd||

Saturday, October 20, 2007

Market Outlook for week starting 24th Oct

Indian Markets are going through a rough patch currently.

The markets have already crashed by whopping 1500 points in
the last week.

The US markets are still reeling under concerns of slowdown
in economy and that has shown up with nasdaq down 80 points and
Dow Jones crashing by 370 points.

Points of concerns for Investors in coming week.

a) CPM stating that it wants a complete ban on PN.
b) Tremendous selling pressures due to weakness in
US economy and a hazzy picture on PN.


Advice for Investors

a) Long Term investors can Buy into sound stocks during the crash

b) Short Term Investors be cautious for this weeks and let the markets stabilise.

Our Recomendations for this week

Company Entry Price Duration Target
India Bulls 500 Till Dec 750
Yes Bank 165 Till Dec 240

We will offer advice for short and long term Investors on a weekly basis.

Happy Investing.