Sep 25, 2008

Stock Pick's .... 25/09/08

The Sensex opened 24 points higher at 13,717, but soon slipped into the negative zone. Persistent selling technology and realty stocks saw the index slide to a low of 13,431 - down 286 points from the day's high.

However, some value buying at lower levels helped the index recover some of its losses towards the close. The Sensex finally ended with a loss of 145 points at 13,547.

The BSE IT and Realty indices shed 2% each at 3,348 and 3,840, respectively.

The market breadth was fairly negative - out of 2,665 stocks traded, 1,687 declined and 901 advanced today.


Buy NTPC ( @ CMP - 179.05 )

Target 1 -- 182
Target 2 -- 187
Target 3 -- 194
Stoploss -- 173

Value Pick's For longterm Investments

Tata Steel
Mundra Port & SEZ
Reliance Communication
Sterlite Industries
On Mobile
Reliance Petroleum
REC ltd

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