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, March 16, 2008

Market outlook for week starting March 17th

Things are not looking cheerful for the investors in the near term.

Last week the sensex touched its 6 month low give anxiety to many
investors. Volatility is ensuring that future course of market remain
unclear.

Negatives news are flowing in fast with recession looming large on
US economy. Destabilization in the current govt is the last thing anyone would
like to expect. we can't rule out anything due to the nuclear deal
which is currently underway.

RBI is not thinking of tinkering the intrest rate which will continue to harm
the industrial segment and corporate results.

At this momemt we would recommend you to stay invested in all our previous
recommendation.

You can accumulate BHEL , L&T at every declines provided you have cash in hand ;)

No comments: