Market outlook for week starting 18th Feb

Last week witnessed mixed reaction with market gaining in few
sessions. Still there is inherent weakness in market with volumes drying up.

We expect US ecomony and union budget to provide the next indicator
for any trigger in the market.

Prime Minister has assured that GDP will grow at 9% which is a very
positive sign.

We recommend a hold on all our scrips.

Recommendation for the next 2 weeks

Buy BHEL if it comes in the range of 2000.
Buy L&T if it comes in the range of 3200.
Buy RELCOMM if it comes in the range of 550-560.

It will give attractive returns over one year period.

Market outlook for week starting 11th Feb

Volatility of the last week ensured that investors are yet not back in
comfort zone.

Sensex continued its slide based on global cues. Global indices were
determining the pattern of sensex and we feel that the same pattern may continue for a few weeks.

Monday is a crucial day for sensex with Reliance power ( India's largest
IPO ) getting listed on the bourses.

The IPO was quoting a premium of 500 rs in grey market a few weeks back.
It was oversubscribed huge number of times wih lot of hype.

Tommorow will decide its fate and with it the fate of market in the coming days. We will have to wait for FII figures for tommorow to decide the market
movement. FII were heavy sellers for the past few weeks.

Recomendations

Buy NTPC @ 200 . Long Term Target 300-350.

Please maintain a cautious approach and invest only in fundamentally sound companies.


Regards Greg

Market outlook for week starting 04th Feb

Markets are still in weak zone due to sustained negative
news on account of a possible reccession in US economy.

Cutting of intrest rates for the second time in week by US
Federal reserve has failed to provide the required impetus
for the market.

We expect the markets to follow the pattern of global markets
throught the week.

Most of the frontline companies have come up with good numbers in their Q3 results.

Indian economy is not an export based economy and will not
be heavily influenced by US economy as we are still
developing basic infrastructure like power, roads ,etc and
companies involved in the same will keep on providing good
results for years to come.

We advice investors to avoid trading in the current situation
and stay invested in all our previous recommended stocks with long term horizon.

Recommendations for the week.

Buy elecon engineering @200. One year target 300-325.