Saturday, August 16, 2008

Indian Stock Market

Here are some interesting info...

14 Aug 2008.....4:11 PM - Cairn India has formed a good base around Rs 210-215, it has a target price of Rs 350-375 in 12-24 months, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 245, up 1.89% on the BSE

14 Aug 2008.....
3:20 PM - The downtrend has resumed and Nifty may test 4200, says Rajat Bose, technical analyst, on CNBC-TV18. Excel Crop Care is a good opportunity for the long term, he adds.

14 Aug 2008.....3:15 PM
- The market may be subdued today ahead of the long weekend (market closed tomorrow on account of Indian Independence Day), says Ambareesh Baliga of Karvy Stock Broking on CNBC-TV18. The market is likely to rally next week, once 4600-4650 is crossed Nifty could go to 4800 by this month end, he adds.
14 Aug 2008....10:19 AM - DLF can be a good short now, says Ashwani Gujral, technical analyst, on CNBC-TV18. Level like Rs 475 is possible here now, he adds. It is currently trading at Rs 524.95, down 4.3% on the BSE.

14 Aug 2008.....
1:36 PM - RPL looks weak in the short and medium term, but for the long term it has support at Rs 145 and resistance at Rs 170-175, says Nitesh Shah, technical analyst, on Zee Business. The stock is currently trading at Rs 162, down 0.43% on the BSE.

14 Aug 2008.....
10:51 AM - Infosys seems to be close to its intermediate bottom now and one can look at buying the stock at Rs 1,550 or so, says Ambareesh Baliga of karvy Stock Broking, on CNBC-TV18. It can go up to Rs 1,850 in the next 2-3 weeks' time, he adds. The stock is currently trading at Rs 1,665.95, up 2.5% on the BSE

13 Aug 2008.....3:57 PM - KS Oils has a target price of Rs 105 if it can cross the resistance of Rs 75 with good volumes, says Amarjeet Singh, technical analyst, on CNBC Awaaz. Maintain a stop loss of Rs 49.50, he adds. The stock is currently trading at Rs 65, up 9.93% on the BSE

12 Aug 2008....
3:57 PM - ICSA India has a price target of Rs 450 in 12 months, says Ashish Maheshwari, technical analyst, on CNBC TV18. The company has an order book of Rs 900 crore to be executed over 12 months, he adds. The stock is currently trading at Rs 348, down 2.28% on the BSE

12 Aug 2008.....11:38 AM- In the next market fall, one can look at buying L&T close to Rs 2,100 and BHEL, close to Rs 1,350, says Sanjeev Agarwal, technical analyst, on Zee Business

11 Aug 2008.....2:31 PM - Reliance Industries continues to be a buy for long-term investors and if one has a 24 month-horizon, one can see the stock go to Rs 5000, says Rajesh Tambe of Sunchan Securities, on Zee Business. The stock is currently trading at Rs 2316, up 2.91% on the BSE.

11 Aug 2008.....
1:18 PM - Dish TV has a target price of Rs 100-125 in 12-18 months, says Rajesh Tambe of Sunchan Securities, on Zee Business. The stock is currently trading at Rs 37, down 0.66% on the BSE.


Also these links may be interesting !!!

http://www.moneycontrol.com/india/news/brokerage-trecos/cairn-india-can-test-rs-265-270-gujral/18/16/352017
http://www.moneycontrol.com/india/news/technicals/mkt-may-correct-o-4200-4250-levels-ashwani-gujral/18/16/351896
http://www.moneycontrol.com/india/news/technicals/if-4500-breaks-next-move-will-be-down-sudarshan-sukhani/18/16/351724
http://www.moneycontrol.com/india/news/udayans-comments/global-cuescrude-prices-hold-key-to-mkt-moves/18/01/352080

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