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Friday, December 26, 2008

Sokhi Sure Shot Calls for 26th December !


ABAN OFFSHORE (BUY) 690-695 (Target1) 710(Target2) 730 (Sl) 680

HDIL(BUY) 124-126 (Target1) 132 (Target2) 140(Sl) 122
HDIL JAN FUT(BUY) BELOW 130 (Target1) 136 (Target2) 143(Sl) 125 (ONE WEEK TARGET OF 180 - SL 115)

VIDEOCON INDS (BUY) 115-117 (Target1) 120(Target2) 124 (Sl) 114

HCL Infosystems (Rs 83.25) Buy : We recommend a buy in HCL Infosystems from a short-term trading perspective. It is evident from the charts of HCL Infosystems that it was on a long-term downtrend from its January high of Rs 299 till it found support at Rs 64 – its 52-week low – in November. However, after finding support, the stock reversed direction triggered by the positive divergence in both daily as well as weekly relative strength index (RSI).

We expect HCL Infosystems to move up until the stock hits our price target of Rs 93 in the forthcoming trading sessions. Traders with short-term perspective can buy the stock while maintaining a stop-loss at Rs 78.

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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.