02 July, 2008

Monsanto

Sell with stop 1570 EOD, target 985

Guj NRE coke

Sell with stop 128 EOD, target 107 or lower

Grindwell Norton

Sell with stop 109 EOD< target 94 or lower

Geometric Soft

Sell with stop 48 EOD, target 29

Bimetal Bearing

Sell with stop 183 EOD, target 165

Aptech

Sell at CMP or on rise, stop 204 EOD, target 163 or lower

01 July, 2008

Long Term View



Nifty has fallen considerably from 6356 to below 4000 level. It is now approaching a long-term trendline which has held from 2004. Will the fall stop here?? We have to wait and watch. For now 3877 would be a support. If this doesn't break we could bounce up.Below 3877 we can see 3552 and below that 2666 on the Nifty.

Wyeth

Sell with stop 430 EOD, target 374

Ankur Drugs

Sell with stop 205 EOD, target 131

Torrent Power

Sell with stop 104 EOD, target 76