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||

Monday, January 21, 2008

Market outlook for week starting 21st Jan

Last week was indeed a tearful week for investors.Sensex lost a whopping 1813 points. The midcap index kept on declining.
Investors have lost their last 3-4 months gain with this heavy crash.

The movements in next week will decide the future course of action. Global sentiments are weak on account of US recession worries. Indian economy still holds good as some of Q3 results have shown.

We advise the investors to stay away from penny stocks and
stick to fundamental stocks.

You can accumulate Rilance and Bharti at every decline.

No comments: