Thursday, February 10, 2011

IMMENCE VOLATALITY

Markets are going through a rough patch & no one is sure as to where the downfall would be arrested, but fundamentally at 5200 we are trading at 14.5 times forward earning ratio & from these levels we should expect a bounce back. Nifty appears to have some sort of support at these levels & if it holds we should expect a bounce up to 5310. We can go long with Ingvysyabk for a target of 330, kotakbank for a target of 416, orientbank for a target of 365, Dishtv for a target of 66 & Finantech for a target of 777
                                                HAPPY INVESTING........CHEERS !!!

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