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Friday, January 23, 2009

Sokhi Sure Shot Calls for 23rd JAN !


SUN PHARMA(BUY) 1085-1090 (Target1) 1102 (Target2) 1122 (Sl) 1078

RELIANCE INFRA(BUY) 464-467 (Target1) 475 (Target2) 484 (Sl) 458

MUNDRA PORT(BUY) 354-356 (Target1) 362 (Target2) 372 (Sl) 348

VOLTAS(BUY) BUY IN EVERY FALL BELOW 40 (01-03 MONTHS TARGET) 60 (MEDIUM TERM TARGET) 78 (Sl) 23

Tata Steel (Rs 179.20) Sell : We recommend a sell in Tata Steel from a short-term trading perspective. It is apparent from the charts of Tata Steel that after bottoming in late November 2008 at Rs 146, it rallied up to Rs 260. The stock price has appreciated almost 78 per cent between late November 2008 and early January 2009.

We are bearish on the stock from a short-term perspective. We expect the stock’s current decline to continue until it hits our price target of Rs 160 in the forthcoming trading sessions. Traders with short-term perspective can sell the stock while maintaining a stop-loss at Rs 188.

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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.