Tips N Recommendations For 20-05-2008

WEEKLY OUTLOOK ON MARKETS:
POSITIVE TO NEUTRAL BUT TREND CHANGE ONLY POSSIBLE IF INFLATION BELOW 7%

SHORT TERM MARKET STRATEGY:

HOT TODAY(20/5):- ASHOKLEYLAND,RNRL,RELIANCE,ESCORTS,BAJAJHOLDING,Hyderabad industries,Jsw steel,Prakash industries,Adlabs.

DAYTRADERS BOOK ACCOUNDLY.BOOK PROFIT AS PER YOUR RISK TAKING ABILITY.

Week market support is 5135. Ivrcl, Idfc,Pfc, Bajaj hind, are good for minimum 5 to 8 percent above this level. Gt offshore targe is 780. Purva,Omaxe auto good for a minimumof 10 to 15 percent.

F&O stocks for week

Abirlanuvo sl 1444 above 1550 tgt 1651/1796
Axisbank l 869 above 917 tgt 969/1020
GNFC futures may hit : 185-191 in coming time.....keep u r eyes on GNFC futures.

Tips / Stock of Week :

ABIRLA NUVO: Buy with a stop loss of 1490 and target price of 1620 1660 to 1720
BUY AND HOLD VOLTAS cmp 163.40 tgt 170....175 +++ (at Everydeep)
BUY AND HOLD CEN.TEX 810/11,SL-799,TGT-840/855 (at Everydeep)
WEEKLY NIFTY STRATEGY: BUY NIFTY-5165,SL@5100,TARGET@5350+
BUY MINISENSEX ON Tuesday WITH SHORT TERM ,SL16950

INTRADAY: BUY RANBAXY@510 STOP LOSS@505 ,TGT 525+

BUY ESSAROIL@261 TARGET@280+ STOP LOSS@255

SUZLON 304/4.5,SL-301,TGT-314/319

Gujalk sl 180 above 192 tgt 200-220

IOC sl 390 above 415 tgt 430-440

Jp asso sl 265 above 274 tgt 287-295

Buy MATRIXLAB @Above200 Target 208-215 to 232. SSL177.

Buy APTECH @Above248 Target 252-255 to 263. SSL237.

Buy COLPAL @Above 446 Target 453-460 to 476.SSL424.

Buy DEEPAKFERT @Above 107 Target 110-112 to 118.SSL99.

Litl sl 516 above 535 tgt 598-611

Lichous sl342 above 344 tgt 378-390

Moser sl 181 above 201 tgt 217-232

Tatacomm sl 500 above 515 tgt 537-554

Mahgesco sl 517 tgt 692-715

Gnfc sl 165 tgt 183-193

Hcc sl 131 tgt 149-153

Rolta sl 310 abv 327,tgt 347-355

Skumar sl 107 abv 115 tgt121-130

Unitedphos sl346 abv 357 tgt 368-387

Aban sl 3700 abv 3915 t4607-4748

ASSAMCO (TP 36)SL 35.2,Tgt 37.5--38.5

MCLOEDRUS (TP 104)SL 104.2,Tgt 108.2--111.6

R Power
Buy abv 418.40 sl 415.40 ,T 422/426 ; Sell bel414.90 sl 418.10, T 410/406

Orchid chem
Buy abv266 sl263.30, T 269/272 ;Sell bel 260.60 sl263.10, T 257/254

CAIRN
Buy ABV 300 SL 288 T 305/10/15++, Sell bel 293sl 296 t 290/287

SELL EDELWESS 805/06,SL-815,TGT-780/760

SELL INFOSYS 1878/79,SL-1891,TGT-1850/25

ADLABS ABV 691 SL 676 T 705/10/15++,

TATACOMM ABV 512 SL 500 T 520/25/30++,

TISCO ABV 890 SL 875 T 898-910+

JETAIR ABV 545 SL 538 T 550/55/60++,

Ifci buy abv 63.10 sl 62 t 65/67/70 sell bel 61.80sl62.80 t 60/58 ( Positional)

TATAPOWER ABV 1440 SL 1420 T 1460/70/80++

Niittech sl 147 above 155 tgt 162-170

Obc sl 208 above 214 tgt 221-230

Ranbaxy sl 500 above 517 tgt 543-561.

DLF MAGIC NUMBER – 647,
UPSIDE TARGET - 657 & 666 AFTER THESE ,DOWNSIDE TARGET - 639 & 630

AFTEK MAGIC NUMBER 53
UPSIDE TARGET - 54.80 & 56.60, DOWNSIDE TARGET - 52.05 & 51.20

DELUVERY PICKS:-

MOSERBEAR ABV 195 SL 186 T 204/08/12++,

RCOM ABV 610 SL 590 T 630/35/40++,

RANBAXY ABV 515 SL 500 T 560/70/80(1-2 MONTH)

GODREJIND as a short term Buy on every decline. Targets are 380 430.

CHAMBAL FERTILIZERS & CHEM.... strong on the charts and would reach Rs 86 levels in the short-term

Keep eye on 532700 Entertainment Network India Ltd cmp 432 & 512579 Gujarat NRE Coke Ltd 157.75 looks good on delivery basis good upside

TTML LTD: Buy at : 34 - 36.50;Target : 41 - 42 (short term);Stop loss : 32

Buy : Carborundum Universal
Cmp : 115 , Target : 150 , Upside : 30% , Time : 3-4 months

WOCKHARDT BSE:532300 AT LOW 301 LEVEL
CMP 307 SL:287 ,TGT:330+++++++