Wednesday, May 7, 2008

Today's view

Expect positive opening. Can continue to see some amount of profit booking.
Stocks I am bullish on MUL, RIL.
Stocks to watch out for Cairn, Chennai Petro, tech sector (for bullish moves).
Bearish on JP Associates (short-term only, my long-term view on JP associates continues to be a BUY).
Key support/resistance seen at 5100/5250 for today.

Saturday, May 3, 2008

Post facto....

For those who picked Maruti Udyog based on my recommendation a few days ago will now be sitting on 9.1% profit on their capital invested (CMP 787.9).

BHEL picked momentum on Friday and touched a day high of 1934.

As mentioned earlier, JP associates continued its upward momentum breaking new resistance levels touching 292 during intra-day to close at 288.75. Given that I have been recommending this stock since 240 levels, one would be sitting on a neat profit of 17.8% by now.

Keep watching this space to get more exciting action on your stock portfolio.