Todays Picks

The Asian markets are deep in the negative. China has tanked down almost 8% on news of a subprime writedown. Poor global cues add to the woes and the Indian market is having a rough day. Sensex is trading at 17740, down 621 points and Nifty is at 5151, down 228 points before the previous close. The CNX Midcaps Index is down 2.7% and BSE Smallcaps Index is down 2.5%. The market breadth is negative with advances at 172 against declines of 1027 on the NSE.

Do u know that U.S national debt rises by 1.2 millian per minut.
Now it has a national debt of 9.8 trillian. One in every eight AMERICANS live in poverty. Any resssion in U.S may have impacts in ASIA. So be cautious

thanks for mentioning that mate

RCOM did not reach the entry price. Ispat gave a profit of rs 1/-, GMR did not reach the entry price and ICICI bank gave a profit of Rs 6/- for every share traded.

Buy Selan Exploration>161.9,164,168 sl 156
Buy Dena Bank>75.2,77,81 sl 71
Buy ICICI bank>1285.1,1305,1337 sl 1278.8
Buy Nagarjuna Fertisers>42.1,44,45 sl 39.8
Buy GMR Industries>188.1,193,199 sl 183.9

Nifty is in down trend. One has to trade cautiously as sideways movement do not help make money. Investors can just use the opportunity to buy in big cap stocks.

Buy ONGC>996,999,1032,1096 sl 988 (Stock can be held as delivery)
Buy ITC>201.5,209 sl 198.8
Buy GMR Infra>180.2,186,195 sl 176
Buy Infosys.1493.1,1512,1530 sl 1488

sorry friends..little busy with work.. will be back soon

happy trading days...

Buy GMR Infra>188.1,192, 199 sl 185.9
Buy Polaris Software>92.5,94.5,99 sl 88.84.