Market Guidance for 30th August 2006
Dear All ,
The bullish sentiment prevails today also . A lot of range bound activity can be witnessed in the indices & profit booking before closing session could lead to some negative activity . Should not the forget that tommorow is the expiry for F&O August contracts. So trade cautiously .
Buy GSPL above 35 with a target of 36.35/37.35 and place stop loss at 34 .
Buy wipro with today target of 545.
Accumulate Ashokleyland as there was a news that Volvo is considering a stake buy in that company . This will help the stock to break 40 levels & will enter 45 to 48 range shortly .
Regards.,
Muthukumar.K
posted by K.Muthu Kumar @ 8:40 AM
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