Intraday Tips [ 24/01/2008]

AS SAID MARKETS CLOSED ON ABOVE 16700 ON TUESDAY AND WITH FRESH TRIGGERS FROM THE FED THE MARKETS RALLIED YESTERDAY , AN ANOUNCEMENT ON ECONOMY BY BUSH GOVERNMENT HELPED DOW TO CLOSE 300 POINTS HIGHER , EARLIER THE DOW WAS DOWN BY 300 POINTS ,

ASIAN MARKETS ARE FIRM AND DOING WELL

WE EXPECT OUR MARKET A GAP OPENING AND MANY SPECULATIVE STOCKS TO MOVE , RNRL , RPL, NAGRJUNA FERT, JP HYDRO, IFCI , ISPAT

WE ARE NOT GIVING CALLS FOR INTRADAY AS THE STOCKS MAY OPEN 6-8% UPPER , NO TECHINCAL AND FUNDEMENTALS WORKS IN THE MARKETS AS OF NOW ,

WE ADVICE MEMBERS TO ACCUMULATE GMR, NTPC, CINEMAX, PARSVNATH, RCOM AND BANKING SHARES LIKE AXIS, PNB, BANK OF INDIA FOR GOOD RETURNS IN THE MEDIUM TERM