Markets For 26-12-2008

KSOILS ( K S Oils Limited)
Action
Trigger Price
Stop Loss
Target 1
Target 2
BUY ABOVE
97
94
101
107
S.SELL BELOW
92
95
89
80

GUJNRECOKE ( Gujarat NRE Coke Ltd.)
Action
Trigger Price
Stop Loss
Target 1
Target 2
BUY ABOVE
170
165
178
190
S.SELL BELOW
162
166
157
145

RPOWER ( Reliance Power Limited)
Action
Trigger Price
Stop Loss
Target 1
Target 2
BUY ABOVE
480
442
462
475
S.SELL BELOW
439
446
432
410

Hot Stocks for 26th February 08
REL, RPOWER, JPASSOCIAT, NTPC, NEYVELILIG, RCOM,KTKBANK, DLF, INFOSYSTCH, RANBAXY,STER, HEROHONDA, MARUTI, LT, INDIANB.

buy rel @ opening bell ---- mkt. news(Buy back news)....

Nifty supports 5200-5188Nifty resistance 5265-5289

Pivot Point trading levels for 26th FEB is as under. S2 S1 PIVOT R1 R2 4999 5100 5156 5257 5313

Pivot Point trading levels for the Week 25th - 29th FEB is as under. S2 S1 PIVOT R1 R24916 5013 5191 5288 5466

100-DMA 5649 50-DMA 5600
30-DMA 5280 20-DMA 5189
200-DMA 5031 50-WMA 4839

This on going Major correction cum consolidation will be termed as over, ONLY if Nifty closes above 5649.

Chart resistance is at 5293. Today if it stays above 5191, it can move upto 5293 where selling will be seen. On lower side 5030 should act as a good support before the budget presentation
· 08:58 AM Buy Nalco at Rs 432 Stop Loss Rs 420 Target Rs 442-446 in a week time.
· 08:57 AM Buy & hold Hindalco at Rs 196 Stop Loss Rs 187 Target Rs 206-222 in a week time.
· Buy these stocks at opening bell.. Gujarat NRE coke and Akruti city.