STOCKS TO WATCH 12th DEC 2008

STOCK TIPS
RPOWER & RPL: Looks fantastic. Expect 130-138, 88.50-93.

RNRL: (54.75) Crossover above 59 it'll spurt up further.

RIL: (1258) 1243 & 1195 crucial support & trend decider. 1303-1314 hurdles to watch out for.

REL INFRA & RCOM: 624-577 & 249-230 crucial trend deciders.

DLF & JP ASSO: 272.50 & 85 crucial resistances & trend deciders.

IDBI: (63.50) Looks good. Buy.

INDIA CEM: (98) Buy in panic.

L&T: (782) 794 & 759 crucial trend deciders.

M&M: (286) Buy in panic.

SUZLON & IDFC: 54 & 71 crucial resistances & trend deciders.

LITL: (140) 132 a solid support & trend decider.

STOCK TIPS TODAY 10-12-08

ICICI BANK

BUY around 370 and exit surely around 380

REL INFRA

BUY around 550 and exit surely around 575

CAIRN

BUY around 144 and exit surely around 150

TATA POWER

BUY around 686 and exit surely around 700

NTPC

BUY around 164 and exit surely around 172

NEYVELI

BUY around 55 and exit surely around 70

LICBUY above 218 only and exit surely around 230

STOCK TIPS TODAY

STOCK TIPS TODAY


SAIL & WELSPUN GUJ:
Looks good. Buy.

TISCO: (187) 196.50-200 crucial resistance area to watch out for.

UNITECH: (30.25) Crossover above 31 it'll explode & rocket like up move will be seen.

HDIL: (92) Expect 96.50, 100 & 106. Book profit on higher levels.

LITL: (128) Buy.

BHEL: (1357) Buy.

KOTAK Bank: (355) 365-371 hurdles to watch out for. Crossover above 371 expect huge further up move.

AXIS Bank: (455) Buy.

REL CAP: (452) Buy.

SUZLON: (41.45) Buy.

RELIANCE: (1159) 1177 crucial hurdle crossover above which expect heavy fresh buying.

LARSEN: (747) 785.50 a hurdle & trend decider.

HDFC: (1509) Looks good. Buy.

CENTURY: (145) Buy.

IDFC: (61) Expect 64.50 & 67-68.

BHARTI & IDEA: Looks good.

MARKET OUTLOOK 5th Dec. 2008

MARKET OUTLOOK TODAY

Global markets present a mixed picture on varying cues.
American markets have fell in anticipation of a weak job
report. On the other hand Asian markets have rose on weak
crude oil prices that will reduce energy costs. Crude oil is set
for its biggest weekly decline since March 2003, trading near
an almost four- year low, as the economic contraction and job
losses in the U.S. cause a slump in fuel demand. Crude oil is
currently trading at around a $43 a barrel. Indian markets are
likely to open in a narrow range.
Today the Critical level for upside is 2810 and if the index
sustains above this level, bullish sentiment can be extend
towards the major Resistance at 2860.The first support for the
day is at 2760 and the downside major support is at 2710.


Global Market Scenario:

Stocks tumbled as a rash of job cuts at major companies added to
jitters ahead of the November jobs report. The Dow Jones industrial
average ended down 215 points. The Standard & Poor's 500 index fell
2.9% and the NASDAQ composite retreated 3.1%.
Crude oil is at $43.66 a barrel and Gold is at $769 an ounce.
European shares ended lower on Thursday as a slew of grim economic
and company news flagged tough times ahead after steep rate cuts by
the European Central Bank, the Bank of England and Sweden's
Riksbank. Across Europe, the FTSE 100 index was 0.2 percent lower,
Germany's DAX fell 0.07 percent and France's CAC 40 was 0.2
percent lower.
Asian stocks rose as speculation slumping oil prices will reduce
energy costs and spur consumer spending countered a retreat by
mining companies and energy producers. Japan’s Nikkei 225 is up by
0.58% and Hong Kong’s Hang Seng rose 2.29% in the morning trade.
Data about unemployment rate is expected from US today.