Feb 23, 2008

Weekly Pick's ... 23/02/08

The Sensex opened with a negative gap of 219 points at 17,516 on weak cues from the overseas markets.

The index displayed range-bound (17,400-17,500) movement for the major part of the trading session today. A fresh round of selling towards the close saw the index slip to a low of 17,295 - down 440 points from the previous close.

The Sensex finally ended with a loss of 386 points (2.2%) at 17,349.

Buy Adlabs Films ( CMP @ 855.85 )

Target 1 -- 880
Target 2 -- 925
Target 2 -- 1020 +
Stoploss -- 840.50

Buy Idea Cellular ( CMP @ 108 )


Target 1 -- 113.50
Target 2 -- 118
Target 3 -- 125 +
Stoploss -- 101.50

Buy Great Offshore ( CMP @ 800.55)


Target 1 -- 830
Target 2 -- 865
Target 3 -- 900 +
Stoploss -- 780

Buy UTV Software ( CMP @ 804.15 )

Target 1 -- 830
Target 2 -- 855
Target 3 -- 880 +
Stoploss -- 780

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