BEST BUY

ZEE ENT (BUY) 341.5 (Target1) 346 ( Target 2) 349 (Sl) 330.5

DLF (BUY) 675 (Target1) 681 ( Target 2) 685 (Sl) 663

INDIABULLS REAL (BUY) 582 (Target1) 588 ( Target 2) 593 (Sl) 573.2

Tips

BEST BUY

VOLTAS (BUY) 145 (Target1) 148 ( Target 2) 152 (Sl) 138

MRPL (BUY) 46 (Target1) 47.5 ( Target 2) 49 (Sl) 41

GMRINFRA (BUY) 877 (Target1) 885 ( Target 2) 891 (Sl) 856

Market Forecast for 23.07.07

Market seems to be overheated and the global cues are showing negative trends. So stay long with extra high caution as correction can set in any time. Most probably market will consolidate before any further upswing.

Tomorrow, market will open flat or negative with a gap down of 35-50 points and remain long above 4575 with SL 4560 for a tgt of 4595-4620. If it breaks and sustain below 4570 keep short with SL 4585 for tgt 4545-4525. Be careful with the positions... trade wisely...

Today's Tips

BEST BUY

KIRLOSKAR BRO (BUY) 421.5 (Target1) 426 ( Target 2) 430 (Sl) 413

PUNJAB NATIONAL BANK (BUY) 582 (Target1) 587 ( Target 2) 593 (Sl) 571

NAGARJUNA FERT (BUY) 25 (Target1) 26 ( Target 2) 27.25 (Sl) 22

Market Forecast for 19.07.07

Eventhough my opening gap down prediction went wrong, the market behaved exactly as per my forecast and it kissed 4452.85 and returned back and touched 4510.80 and settled at 4499.55. It is a good sign that market closed above yesterday's close and the today's low is a very vital point to watch. The market is expected to consolidate and it may touch 4525 tomorrow. If the bulls manages to close it above this level, bears may have to wait longer for a correction.

Tomorrow, market will open flat or positive with mixed trends and remain long above 4490 with SL 4475 for a tgt of 4525-4542. If it breaks and sustain below 4485 keep short with SL 4502 for tgt 4467-4452. Be careful with the positions... trade safely..