Weekly Outlook for 03-08 November

By | November 2, 2008

Hi All

RBI Rate Cut decision will lokely to have a Bull Dominance in Coming Days.

Technically speaKing MACD is now in Buy MOde Nifty will face resistance at 3200

SO lighten up ur position in Rally as we may see new lows coming.

Stock Specific Trading Ideas

Buy PTC 52 tgt 58,63 SL 50

REl Infra tgt 503 545 sl 437

Rolta TGt 201,215 SL 179

Voltas tgt 80 86 SL 71

IDFC Buy around 52-54 tgt of 75

Stocks Rumuors

Pennar Industries is now eyeing orders from Indian railways

Micro Technologies has recently launched Micro Wi-Fi security system which works on Radio frequency technology. At current levels, it is a steal.

Promoters of Man Industries are constantly buying shares from the open market. The scrip seems to have bottomed out and may shoot up sharply in the near future. Keep a close watch.

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