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Tuesday, January 20, 2009

Sokhi Sure Shot Calls for 20th JAN !

RELIANCE INFRA (SELL) 540-544 (Target1) 530 (Target2) 518 (Sl)548

HDIL (SELL) BELOW 113 (Target1) 106 (Target2) 100(Sl) 116

DLF (SELL) 198-200 (Target1) 194 (Target2) 186(Sl) 204

GAIL (BUY) BELOW 215 (SHORT TERM TARGET)244 (03 MONTHS TARGET) 275 (Sl) 188

Entertainment Network (Rs 172.25) Buy : We recommend a buy in Entertainment Network India (ENIL) from a short-term trading perspective. It is apparent from the charts of ENIL that it has been on a medium-term uptrend since its lifetime low of Rs 93, recorded in late November 2008.

The weekly relative strength index has re-entered the neutral region from the bearish zone. Considering that the medium-term uptrend line continues to be intact, we are bullish on the stock from a short-term horizon. We anticipate the stock to move up further until it hits our price target of Rs 191.

Traders with short-term perspective can buy the stock while maintaining a stop-loss at Rs 163.

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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.