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||

Sunday, December 9, 2007

Market outlook for week starting 10th Dec

Last week ensured that smiles return back on the face of investors.

We saw an overall gain of 600 points in the sensex.

These Market saw a positive action on indication that US Federal Reserve will
cut the Fed rates by atleast 25 basis points. A relief plan was announced in US
to take care of sub prime issue.

IT majors like wipro, Tcs along with Midcap IT stocks bounced back.

These week we expect a positive growth with all eyes on US Federal meet.

we recommend investors to book profits in all our recommendations where
target price is ahcived.

Recommendations

Western India shipyard @29 . One year target 50.

1 comment:

Unknown said...

hello dmello sir,
u recom. western india shipyard @ 29......but since 08th jan 2008 its showing on bseindia that this scrip is suspended(bse code 531217)....why is it so can? i am very gr8ful to u if u explain me the same???