13-Mar-2009 Tips

Nifty looks positive for today (Not for long time)
Calls
-----
- buy Tata Motors (Target 157) ==> Touches 154
- Buy Suzlon (Target 36)
- Buy SBI (Target 951 - Intraday only) ==> Target Achieved
- buy Pentaloon ( Target 122) ==> Target Achieved
- Buy TV18 (Target 58) ==> It touches 57.7 (Target Achieved - 58.6)
- Exit Sesagoa (if you have enough profit) (Target 73)

Citi execs sell shares worth $9.7 mn in two days

At a time when owning a Citi share costs you a little over a dollar, top executives of the battered entity have sold stocks valued at 9.7 million dollars in just two days.
City bank will be the SATAYM for US Economy. Read more

Five Stages of Grief: Kubler-Ross model

As we all know Kübler-Ross model ,written in book "On Death and Dying", describes five stages process to deal with catastrophic loss in life.

We have had same stages for world economy drop down to what we say is "Economy Crisis".
Following are the stages for Indian Economy:
1. Denial (Jan 2008 - Sept 2008) : Markets surprisingly resilient in face of recessionary pressures.
2. Anger (Sept 2008 - present): Dalal Street throws tantrum; markets crash.
3. Bargaining (Summer 2009): Bear market rally.
4. Depression (Fall-Winter 2009?): Sensex/Nifty will give back most of gains from rally; sits near 15-year lows as volatility and volumes decrease.
5. Acceptance (2010?): Market finally capitulates; Sensex/Nifty will rebound to an historically sustainable valuation of perhaps 16k points.

Note: The worst is that we appear to be in only the second/third of five stages of grieving and you can pretty much project the path the markets will take until the healing process completes itself. So, In third/forth phase real investors should start buying good stocks for 2010 rally.

Best Buy for short term

As i have mentioned before also.
Buy Spice Jet with target 33 in mind for 1 year.
Best Buy: Below 13 and above 10.
Target 25(1st Target), 28(2nd Target), 33(3rd Target).

- Exit all aviation stocks except this beauty.
I will update this blog with my analysis.

Market Trading at very low level in bearish mode

- European markets are heavily crashed so no chance of recovery in short days.
- One should not buy anything and if they have bought some position then its best to exit today only.
- ONGC corporate governance issue will provide base for a fact that all PSUs are having corporate issues and government is using that for wrong way.
- Next nifty level is 2507, 2486.....till 2180(My favorite level)
- Don't buy in load any scrip (especially PSU stocks, Banks, Real Estate better to be with Agriculture stocks like fertilizer, irrigation and CG)

Goldman Sachs reiterates 'sell' on ONGC

Goldman Sachs has reiterated a 'sell' on ONGC and has put a price target at Rs 574 per share. It has cited corporate governance issues with cash withdrawals by promoters as a concern. Read More on Moneycontrl.com article>>>

5-Mar-2009 Trading calls

For Safe Investor
- Buy SAIL (Intraday only – Strictly not for 1 week also.)
- Buy RIL (Target 1320 – 3 session)
- Buy Sterlite Industries ( Target 257 – Intraday, Target 263 – 3 sessions )
- Buy JP Assoc ( Target 4% up to CP – Intraday, 7% up 2 Sessions)
- Buy Alok Industries (Target 10% for 1 week)
- Buy ONGC ( Target 5% up)

For Risk Savvy
- Buy DLF (Target 162 – 2 sessions, Exit on Rise)
- Buy Punj LLyod (Target 76 – Intraday, Target 79 – 3 Sessions)
- Buy Dena Bank, Canara Bank
- Buy Aban Offshore ( Target 315 – 2 session) Risk Savvy Traders Only
- ROLTA:
o Surprise why I have written in capital?
o Something is cooking in this stock as this dropped very significantly in last 3 days.
o But don’t worry; you can buy it at this level or 4% down.
o We will see same upward jumps also after some session.
o Due to some reason and of course for getting some profit, stock is being hammered badly. We will see some rally today.

Stock Market Supporting News

- China’s economy figure, declared yesterday, and increment in Stimulus package, declared in Nov 2008, was proven like oxygen for all markets. Shanghais index was closed 6% up and European, US market was also trading in dark green mood. But we didn’t see that much upward rally in Indian indices as FIIs are still selling their holding from banking stocks.
- China had also confirmed some metal orders for current financial year. That has given base to all commodities metals (except gold & silver) and which results in commodities price increase yesterday.
- Precious Yellow (GOLD) and White (SILVER) metals are trading lower around $5 (Rs. 300) and Crude also jumped 4 to 5%. As we could learn from past experience that profit booking in Yellow metals will bring some buying interest in secondary stock market.
- Down fall in Rupee against dollar is the main reason to worry. But we saw that rupee closed up 47 pc after 7 sessions.
- RBI has cut Repo and Reverse Repo rate by 0.5% which was expected to be 1%. But RBI’s move is very good for long run. As cut in Repo and Reverse Repo will be good for short term but it will increase inflation in long run and also more rate cut is sign of bad economical condition.
- All banks have chance to decrease landing rate to some extent but they will enforce some strict rule before giving loans. So at low rate it will not be easy to get loans. All Private sector banks should decrease home loan rate at least 1%. Some have even started decreasing. But builders are expecting loan rate to go at 6% which should not happen as we don’t want crisis like US and low home loan rate will drag our country towards recession.
- Indian Export has increased 19% in Feb 2009 which also help us to reduce import which in turn drags dollar demand lower and hence we can see some Rupee appreciation.
- Today is the inflation rate declaration day and we may see slight drop in inflation (can be unchanged).
- Still waiting for LIC Cash Flow in Market which can come any time in March.

Your Ad Here

Conclusion
- Buy Metal, OIL & Gas, IT stocks but keep short term vision only.
- Don’t Enter into Bank and Real Estate stock for long term. Book profit on rise.
- Don’t enter into Steel Stocks as we will see Steel Price drop in short time so wait for 3 months before taking any position. Better is to book profit on short term bounce.
- My Nifty @ 2180 target is intact.

Market News

Something positive news for world Markets
- China's latest economic data(declared today) seems very positive which forced European markets to open in Green(China in Positive)
- European markets open positive and they have successfully dragged Indian Market into Green Signal
- Dow Future trading 1.5 to 2% positive
- China has increased its bailout package
- GOLD is falling continuously in indian and foreign markets
- Crude Oil increasing (4% up)


Stocks to watch (If Nifty is above 2618 then follow BUY calls)
---------------
- Buy Lanco Infra below 115 and above 110
- Will see some more selling in HDFC
- Buy JP Assoc
- Buy Metals
- Exit IT Stocks
- Exit all bank stocks especially private banks as PSUs are trading near to bottom only(FII will sell this)

4-Mar-2009 Trading Stock Tips

As mentioned yesterday 2618 is the support for Nifty. It was closed near to that yesterday. As per chart indication, Market should open with some +ve movement and if you have any position and you are having profit then try to book your profit as positive movement will not going to sustain. More bad news on desk to come.

Some tips
---------
- Keep your eyes on European Market also.
- Nifty: If trades below 2618 then it may touch 2570 today and in reverse direction it should not go beyond 2652.
- March/April will be the worst year in Indian history.
- Bank Of India: See some good movement today (for Traders only)
- Rcomm: It can touch 126 level (With 110 as ultimate target). But its good buy opportunity for medium/long term.
- Buy IVRCL Infra with target of 111 (don't go for long position) - SL 99
- Buy Cipla
- Tata Steel: Target 143
- Aban Offshore: On positive movement exit. Ultimate Target 246
- On rise exit Bharat Forge With Target 77(Intraday - but if market trades below 2618)
- Short SAIL (Future) on 5% rise: Cash ultimate target 62
- Buy GVK Power Below 17.3 (Good Long Term Bet)

Buy Suzlon Energy

As i mentioned today morning about buynig suzlon energy and we got news that Suzlon had got the contract of 100Mw backed by world Bank for china. (Read my today's post)
- Buy rating is still there and will get movement of 10% in this stock in 2 session.

3/Mar/2009 Trading Call

- DOW/NASDAQ is on 12 years low so we can't have great position in BSE/NSE also. We will also see that levels ( 6017 SENSEX, 2180 Nifty) for sure.
- Exit RPL in any case as RPL is having zero valued share. Because in the end RIL is the entity who will decide what is the price of RPL. Suppose at the end RPL is at 90 and RIL is at 800 then also you will get 1 share for 16 RPL and hence RPL valuse will be 50 even share price is 90. So best is to switch your self to RIL and book profit in RPL if you have any.
- Tomorrow/Day After Tomorrow will be the +VE day for indian/asian market.
- So on deeps traders can buy good stocks which was bitten very badly on last 3 to 5 sessions.
- Nifty should touch 2618 today if not then we can see short up rally.
- Don't enter for long position in any Bank Stock as all FII will exit from Bank stocks. ===> Target Achiieved - touched 2618 today
- NOTE: Don't buy any stock for more than 1 month horizon because as per latest news crisis is going to be a long way. None can say exactly but it should go beyond 1.5 to 2 yrs. So we will have ups/downs in this market for that period. So Traders will have a best opportunity to earn money.

- Short Term Call (Buy call if Nifty trades above 2618)
1. Buy SBI (Target 5% to 7%)
2. UBI (Target 10%)
3. Suzlon (Target 7.3%)
4. Exit Reliance Infra on up rally because below 418 it will go to 328
5. L&T Exit will touch 500
6. On deeps buy BHEL (Risk Savvy investor only)
7. Buy Colgate, HUL

2-mar-2009 trading calls

Stock Calls
- Exit RIL (It may touch 1130)
- Exit HDIL, India Infoline, Titan (Large drop triangle)
- Book Profit ni Bharat Forge(It may touch 102 but don't wait for that target)
- Buy PSU banks (SBI, Dena Bank, Indian Bank, BOI, PNB) on 5 to 6% drop (No more downside in Banks - Can g maximum 5% down)
- Buy Agriculture/Fertilizer stocks for 3 months
- GMDC around 34 level (Wait its 6 months bet)
- Buy TVS Motors on 5% to 10% drop. (Target Achieved: it's up 10% on 3rd March)

Index Calls
- 2602 level crucial for Nifty once its broken then 2509 and then 2467 are the next target. See long term market is looking BEAR so take care while we see some upside movement otherwise you will be trapped.
- My ultimate target for Nifty till Aug 2009 is 2180.

RIL & RPL Merger Analysis

Reliance Industries (RIL) merger with Reliance Petroleum (RPL) Analysis
- Today’s is the RIL board meeting for RIL and RPL merger.
- RPL SEZ status will be intact
- Post merger, Promoter stake in RIL will come down to 47%.
- Chevron has confirmed selling his 5% stake in RPL to RIL because he believes that refined product is not that attractive due to low demand.
- Merger is having ratio of 16:1(RPL: RIL) and which is in favor of RPL Investor not for RIL investor.
- No Tax relief to RIL

Conclusion:
- Performance of any companies will no be affected
- Creating value for Share Holder as its Dhirubhai strategy
- Flexibility, Financial position and Cost Efficiency will result out of merger
- If RPL is above 71 then try o to book profit and buy RIL directly from market on lower rate as its trading lower today.

27-Feb-2009 Short Term Calls

As Government has given more stimulus packages for Textile and diamond industries, Our Fiscal Deficit is reached 300,000 Cr for this year. Government is concentrating on getting more votes and our GDP is dropping day by day. Everything is becoming very cheap and people are feeling happiness about it. but nothing to smile in it, We will see all effect after election when our Nifty will reach 2180.
Effects of more stimulus packages
- Stock market will go in negative direction because government will announce package when there is critical situation.
- GDP is going towards 5.Expected GDP for 2009-10 will be 5 and same for 2008-09 should be 6.
- Fiscal deficit is increasing so we have to face problem when new ruling government will come and they will take some different action.
- don't invest money for long time now. If you want to invest then invest it for election time as we will see some rally before and after election.
- Rupee is becoming very low ( 1$ => INR 50.6)

Today's call
- Nifty will not go below 2500 now. It will rebound from it.
- Exit GOLD (We can see $900 level soon) - Maximum it can go $967
- Hold Educomp for target 1800. ( Buy call given yesterday@ 1500 )
- Buy Aban Offshore on deeps. It will bounce back after election. (It may touch 290 - If you can take some risk and hold for 2 year)
- Don't buy Punj Llyod as it can touch 72.
- Exit Bharat Forge ( Target Achieved 90 - today trading @ 91.7)
- Hold Powergrid for Target 102 ( SL 91 )
- buy LIC housing @ 197/195 ( You can hold it for 2 to 3 months)
- Buy MCLEOD RUSSEL for target 53: Long term target 64 (follow target strictly)
- Ranbaxy: Buy @ 148 ( Not today but it should come there if 156.8 level breaks)

Trading Calls 26-Feb-2009

We can see more ups and downs in Share becase
- Today is Expiry time
- From next month onwards, Lot size is increased and that's why we have seen very less rollovers.

Today's Calls
- Sell DLF 155 Intradat target1 149, target2 145 ==> Target Achieved.
- Buy Satyam @ 45/46, Shortterm/Delivery target 51 ( Watch and wait...if you have passion then you can get 50% return in 3 months-wait till auction and election)
- Buy Bharat Forge, Delivery Target 90 SL 72 ==> Target Achieved in 1 day only
- Sell Educomp Target 1500 ==> Target Achieved
- Buy Apollo Tyre @ 15 for Target 18 (Delivery) : Stock is @ bottom
- Buy Spicejet @ 13 or down for short term target 18
- Buy GVK Power @ 16/17 for Target 21.

Impress Major Vote Bank - Stimulus package

Ruling government is playing with normal voters' , in political language - Aam Aadmi, sentiments.
- They didn't introduce any rate cut in interim budget as opposition may take/speak against any rate cut action.
- Now they have started giving packages like Excise Rate cut, Service Tax rate cut. In short they are giving facility to Aam Aadmi(Major Vote bank) before election.
- Country is falling in collecting their income this year and they have introduced more tax cut. It means we will short more money.
- Ruling government policies: Take all action to ease "aam Aadmi" life and put all burdon on country. They have increased our country's debt substantially. It will have very bad effect in a long run but all politician thinks for present situations and their seats in parliament.

What should you do?
- Expect major up movement in Stock Market as cement, steel and tyre companies are going to get good benefit out of it so all real estate, infrastructure, power companies will have great profit this/next quarter.
- But Sugar stock will face some hurdle as Government may reduce or zero Import duty on sugar due to shortage in sugarcane production this year.

Todays Trading Calls

- Sell Aptech for target 70 ( SL 77)
- Buy ABB for Target 406 (SL 373)
- Sell Triveni engg. Target 36 (SL 43)

Short Term Trading Calls

- Nifty may touch Oct lows today or tomorrow.
- Don't Buy anything if you are a trader and also if you are investor please wait till 2 months.
- Nifty target next target 2500 ( In short time ), SENSEX will see 7417 level in 1 month as recession is creating major problem in US. DOW/NASDAQ are on 12 years low level so this downturn won't leave indian/asian markets also.

Short Term Call
- Sugar sector is looking very weak so one should short it. If you have some long position in it then please don't wait for Expiry. Balrampur chini, Bajaj Hind are one of the biggest weak stock on chart.
- RIL will go to 1170 level soon.
- BANK stocks are looking very very weak major looser will be ICICI Bank, HDFC bank, PNB. SBI can touch 1012 level.
- Aban Offshore: One of the weakest stock today. Short it in opening bell and you will have handsome money in your hand. Short term Target 316.
- RCOM: Weakest in Telecom sector. Target 128

Today's Trading call
- Sell AXIS Bank: Target 359, SL 379
- Short Balarampur Chini
- Short ICICI Bank
- Buy NTPC if it will go 5% down. It can't go below 73
- Short Aban Offshore
- Short RIL
- Buy IDFC around 49
- Sell Bajaj hindustan

RBI may cut Interest Rate and LIC will pour money into Market

As this week inflation data declared, which is showing that things are getting worst and still demand is not increased, So RBI has a scope to cut more interest rates and all PSU ad Private sector bank should follow same step to keep Inflation stable. In my view, If inflation is going more down then think that we are becoming more and more worst. As yesterday and today Trading data shows More US and EU investors has invested amount in All emerging Asian Market except India. Its indication that they don't trust corporate structure.
In that case what should be your strategy?
- Don't buy anything for long time. Investor should wait for next full budget 2009/10.
- Peek strong looking companies having great track record like Exide Industries which didn't fall with market...
- Don't go short randomly at least for next 3 to 4 weeks as we will see Interest Rate cut and will see more LIC investment in indian market. But take time to find some LIC investment pattern. LIC could invest more in L&T and 2 to 3 PSU banks.
- Hold or Buy Dena bank below 31 for target of 42 before election.
- Don't enter into GOLD at this level otehrwise you will be trapped.
- OIL will consolidate @ 32 and we will see some demand increments in same.
- Buy 2 wheeler auto stock like Hero Honda, TVS motors on deeps...

Tomorrow's Call (Market will be in -ve direction tomorrow)
- Sell RCOM with target of 5% down
- Buy DLF PUT 150 @ 10/11 for target 18/19
- Buy Suzlon Energy below 42
- Sell RIL below 1231
- Buy LIC housing below 200 and hold for 3 to 4 sessions
- Buy Ashok Leyland for short term

Trading Strategy For 19-FEB

As Obama signs $787 billion stimulus package, DOW and NASDAQ Futures started showing some +ve movement today.

Some Trading tips for Tomorrow*
- Buy MOSERBAER @ 55: Target 58 (Intraday)
- Buy FEB DLF CALL 150 @ 9: Target 12 (Intraday)
- Buy FEB MININIFTY CALL 2900 @ 9: Target 15 (Intraday)
*Notice: Do above trading if DOW/NASDAQ ends Positive and INDIAN market opens +VE.

- Buy FEB DLF PUT 150 @ 10: Target 21 (Not Intraday*)
*Notice: Do above trading if DOW/NASDAQ ends negative and INDIAN market opens -VE.

Long Term Calls - Our Best Pick For 2009-10

- Educomp (A Perfect Recession Proof Company): Target 4130 (1 year - almost 100% returns)
- Aban Offshore: Target 1107 ( 1 Year - Almost 130% Returns - Negatively crashed stock
)
- IDFC (My Favorite): Target 98 (1 Year - Almost 80% return - Safe company to invest in)
- LIC Housing Finance (Best Among Housing Finance): Target 330 (No chance of going below 199 - Below 205 Buy in Load for 1 Year)
- Suzlon Energy - Target 108 (Best Indian company to get compensation of US Package)
*Note: Please stay invested at least for 1 year

Exit All Rail Stock

Take an Exit Call in Rail Budget Related Stock as They will come Down.
Example: Kalindee Rail, Titagruh wagons, Kernex, etc...

Best Tips For 13-Feb

You may see some upward movement today.
- Buy ANSAL PROPERTIES above 29.57 for intraday target of 33
- Buy ITI India above 17.3 for intraday target of 10% upper ckt. Hold this stock till interim budget.
- Buy DLF Call 150 around 10/11 for the target of 15/16.

Intraday Tips For 11-Feb-2009

Buy
---
Educomp => Buy above 1924 with intraday Target 2165
DLF => Buy above 154.65 with intraday Target 164
RELIANCE => Buy above 1421 with intraday Target 1456

SELL
----
GMR Infra => Sell below 78 with intraday Target 73
SAIL => Sell below 85.8 with intraday Target 82
RELIANCE => Sell below 1390 with intraday Target 1348

NIFTY
-----
=> Sell below 2880, Target 2540
OR
=> Buy above 2948, Target 3002

Economics Times: Top 20 Best Companies to Work For

Stock Market Trading Tips

1. Do not over trade - If your trading capacity is Rs. 100,000 then avoid using margin and infact trade with 75,000 only.
2. Diversification- One should diversify his portfolio, invest in different sectors.
3. Buy when vibes are not good that is when stocks are on decline in other words buy at bad news. Sell when prices are high that is when there is good news.
4. Have realistic targets - Don't think of making millions in one single trade/day. Market will open daily have realistic targets in your mind and trade with patience.
5. Stoploss - Always follow stoploss(SL). Don’t be afraid of loosing sometime that is also learning experience. Don't be an optimistic about specific stock.
6. Strategy - Don't cut positions in loss before stoploss and don’t exit in minor profit before target. Always wait for target.
7. Don’t always think of buying at low price and sell at higher price. Do not be afraid to buy at high price and sell at lower price.
8. Sell when everyone is buying and Buy when every one is selling.
9. Don’t be a buyer or seller always, Work as per market trend. Always follow market trend.
10. Take Long positions only in companies having strong fundamentally. For short term position find some good stock from speculation point of view.

Income Tax Saving - 80C Deductions

Our hard earned money is subject to income tax by government of india and rate of interest will depend on income made by person for any particular financial year. Hence government encourages certain types of long term saving (Mostly for your retierment times) and gives you tax breaks on those long term savings. These tax breaks are included in Section 80C of the IT Act which states that savings, upto a maximum of INR Rs. 1,00,000, can be deductible from person's yearly income and that's way you end up having some Tax free income in your hand. This benefit is available to everyone, irrespective of their income levels.

So, let’s understand the qualifying investments first.

Qualifying Investments
* Provident Fund (PF): The payments that you make to your PF are counted towards Sec 80C investments. For most of you who are salaried, this amount gets automatically deducted from your salary every month.
Thus, it’s not just compulsory savings for your future, but also immediate tax savings!

* Voluntary Provident Fund (VPF): If you increase your PF contribution over and above the statutory limit (as deducted compulsorily by your employer), even this amount qualifies for deduction under section 80C.

* Public Provident Fund (PPF): If you have a PPF account, and invest in it, that amount can be included in Sec 80C deduction. The minimum and maximum allowed investments in PPF are Rs. 500 and Rs. 70,000 per year respectively.

* Life Insurance Premiums: Any amount that you pay towards life insurance premium for yourself, your spouse or your children can also be included in Section 80C deduction.
Please note that life insurance premium paid by you for your parents (father / mother / both) or your in-laws is not eligible for deduction under section 80C.
If you are paying premium for more than one insurance policy, all the premiums can be included.
It is not necessary to have the insurance policy from Life Insurance Corporation (LIC) – even insurance bought from private players can be considered here.

* Equity Linked Savings Scheme (ELSS): There are some mutual fund (MF) schemes specially created for offering you tax savings, and these are called Equity Linked Savings Scheme, or ELSS. The investments that you make in ELSS are eligible for deduction under Sec 80C.
To know the multiple benefits of Equity Linked Savings Scheme (ELSS), please read “ELSS is not for someone else”.

* Home Loan Principal Repayment: The Equated Monthly Installment (EMI) that you pay every month to repay your home loan consists of two components – Principal and Interest.
The principal component of the EMI qualifies for deduction under Sec 80C.
Even the interest component can save you significant income tax – but that would be under Section 24 of the Income Tax Act. Please read “Income Tax (IT) Benefits of a Home Loan / Housing Loan / Mortgage”, which presents a full analysis of how you can save income tax through a home loan.

* Stamp Duty and Registration Charges for a home: The amount you pay as stamp duty when you buy a house, and the amount you pay for the registration of the documents of the house can be claimed as deduction under section 80C in the year of purchase of the house.

* National Savings Certificate (NSC): The amount that you invest in National Savings Certificate (NSC) can be included in Sec 80C deductions.

* Infrastructure Bonds: These are also popularly called Infra Bonds. These are issued by infrastructure companies, and not the government. The amount that you invest in these bonds can also be included in Sec 80C deductions.

* Pension Funds – Section 80CCC: This section – Sec 80CCC – is a subsection of Section 80C. It stipulates that an investment in pension funds upto Rs. 10,000 is eligible for deduction from your income.

* Bank Fixed Deposits: This is a newly introduced investment class under Section 80C. Bank fixed deposits (also called term deposits) having a maturity of 5 years or more can be included in your Sec 80C investment.

* Others: Apart form the major avenues listed above, there are some other things, like children’s education expense (for which you need receipts), that can be claimed as deductions under Sec 80C.

Aban Offshore Rocking!!!

Following is the Q3 2008-09 result
Aban Offshore Ltd has announced the following Unaudited results for the quarter ended December 31, 2008: The Company has posted a net profit for the period of Rs 558.727 million for the quarter ended December 31, 2008 as compared to Rs 477.672 million for the quarter ended December 31, 2007. Total Income has increased from Rs 1939.187 million for the quarter ended December 31, 2007 to Rs 2826.071 million for the quarter ended December 31, 2008. The Consolidated results are as follows: The consolidated results for the Quarter ended December 31, 2008 The Group has posted a net profit from ordinary activities after tax of Rs 2563.486 million for the quarter ended December 31, 2008 as compared to Rs 622.084 million for the quarter ended December 31, 2007. Total Income has increased from Rs 6288.834 million for the quarter ended December 31, 2007 to Rs 9995.10 million for the quarter ended December 31, 2008.
What you shoud do: Start collecting this stock on every dip. Stock will start moving upward as Oil will start going upward.

13 Jan Trading Calls

- Nifty can't go below 2670 & 2613 level.
- Below 2735, Will have panic sell and go short.
- Ending Session, Buy your chosen stock as very good rebound is expected after today session across world market.
- SENSEX will touch 12300 level very soon.