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Tuesday, December 23, 2008

Sokhi Sure Shot Calls for 23rd December !

ABAN OFFSHORE (BUY) 675-680 (Target1) 700 (Target2) 715 (Sl) 670

REL CAP (SELL) 558-562 (Target1) 550 (Target2) 540(Sl) 565


INDIABULLS FINANCIALS (BUY) 128-130 (Target1) 132 (Target2) 134.5 (Sl) 126

EDUCOMP (SELL) 2700-2725 (Target1) 2645 (Target2) 2575(Sl) 2750

Wockhardt (Rs 111.75) Buy :
We recommend a buy in Wockhardt from a short-term horizon. It is evident from the charts of Wockhardt that the medium-term downtrend which commenced to decline from the resistance level at Rs 210, halted at Rs 88.8 in early December, which is also a 52-week low.

We are bullish on the stock from a short-term horizon. We anticipate the current up move to prolong until it hits our price target of Rs 124 in the upcoming trading days. Traders with short-term perspective can buy the stock while maintaining a stop-loss at Rs 106

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DISCLAIMER

All the advises,calls,tips and predictions are neither an offer nor a solicitation to purchase or sell securities.The information and views given by writer is believed to be reliable but no responsibility (liability) is accepted for error of facts and opinion.Writer may be trading in or having positions in stock markets.