Monday, May 14, 2007

Be stock specific with positive bias.

A negative move can be seen in stocks like SUN TV, media and telecom sectors due to political developments.

Focus on Jet, ONGC, and RIL. RIL strong above 1593 and buy M&M at current rate for short-term target of 763-765 with a stop-loss at 690-691 range.
SAIL is strong above 135, sell below 134. Tata steel results can change the direction of the scip until the range bound with positive bias above 561+
For stock specific calls visit www.gainfulstockcalls.blogspot.com