60 Years of Independence.....
HAPPY INDEPENDENCE DAY......
Tuesday, August 14, 2007
Calls for 14/08/2007
BEST BUY
SPICE COM (BUY) 55 (Target1) 56.7 ( Target 2) 58 (Sl) 52.5
EVERONN (BUY) 575 (Target1) 583 ( Target 2) 590 (Sl) 559
HCL TEC (BUY) 319 (Target1) 323.8 ( Target 2) 328 (Sl) 310
[14.08.07] Market Forecast
The indian market responded to the positive global cues and the Dow closed flat in red today and the indian markets to follow suit today. If the market closes above 4360 for two more days, the bulls will reign again provided the global cues are positive. Till then, think this rally due to a short receovery and exit all longs at every rise.
Today, market may open flat or positive attached with high volatility and remain long only above 4364 with SL 4348 for a tgt of 4405-4438. If it remains below 4360 keep short with SL 4375 for tgt 4335-4305. dont short blindly. Play with the mood of the market and mint money will be the mantra for the day.... Happy investing........
Sucess of Yesterdays Tips
INDIABULLS reached a high of 563 zoomed nearly 4 % from our buy call
EVERONN is the stock of the day and it was up to 611 zoomed more than
18 % from our buy call
CINEMAX reached a high of 140 our target one up nearly 2 %
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