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Tuesday, March 31, 2009

Sokhi Sure Shot Calls for 31st March !


RCOM (BUY) 163-164 (Target1) 166 (Target2) 168 (Sl)161

MUNDRA PORT (SELL)315-312 (Target1) 308 (Target2) 301 & 295 (Sl) 318

AXIS BANK (SELL) 392-390 (Target1) 386 (Target2) 378 (Sl) 396

Moser Baer (51.50) Buy : We recommend a buy on Moser Baer India stock from a short-term trading perspective. It is apparent from the charts of Moser Baer that it was on an intermediate-term downtrend from its May high of Rs 201 to its March low of Rs 41.

The daily relative strength index is rising in the neutral region towards the bullish zone. We are bullish on the stock from a short-term perspective. We anticipate it to move up until it hits our price target of Rs 57 in the forthcoming sessions. Traders with short-term perspective can buy the stock while maintaining a stop-loss at Rs 48.

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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.