EIH (Rs 117.10) Buy : The stock is trading well above its 21 and 50-day moving averages. The daily relative strength index is hovering in the bullish zone and the weekly indicator is rising in the neutral region towards the bullish zone. We are bullish on the stock from a short-term horizon.
We anticipate the stock to rally further until it hits our price target of Rs 129 in the forthcoming trading sessions.
Traders with short-term perspective can buy the stock, while maintaining a stop-loss at Rs 111.
Market are expected to OPEN on a flat to negative basis. Fight between the BULLS and the Bears would as interesting as the IPL matches.
Momentum BUY : Dish Tv looks good far a Short Term target of Rs 42.
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Friday, April 24, 2009
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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.
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