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Wednesday, May 6, 2009

Sokhi Sure Shot Calls for 6th May !

Markets likely to open flat, but likely to gain by end of day

Buy 3800 call in opening trade around 115, target 160, Markets likely to be on upswing today and tomorrow, Tomorrow squareoff all your calls. As markets likely to correct on Friday.

M &M (SELL) 535-530 (Target1) 524 (Target2) 502 (Sl) 544

Accumulate Core Projects on all declines for a Target of 140+. Cmp Rs 103.

GMDC (Rs 58.40) Buy : The daily relative strength index (RSI) has re-entered in to the bullish zone from the neutral region and weekly RSI is steadily heading towards the bullish zone. Our short-term forecast on this stock is bullish.

We expect the stock to move up further until it hits our price target of Rs 65 in the upcoming sessions. Traders with short-term trading perspective can buy the stock while maintaining a stop-loss at Rs 55.

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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.