[sharetrading] Anagram's Weekly Watch [1 Attachment]

 

[Attachment(s) from ekam ber included below]

Anagram's Weekly Watch : 14/11/2009

 

 

MARKET MARCHES AHEAD

 

Winter session of parliament will begin from November 19, where four important bills – Pension reform, SBI amendment, GST related bill and Direct tax related bills are likely to be tabled.  We expect state bank and its subsidiaries to be in the limelight for the week.

 

Positive news of revision in APM gas prices on Friday catapulted ONGC and boosted overall markets sentiments.  Markets managed to survive a correction scare and continued its journey of regaining 5100 levels.  Market has found three times resistance near the 5030 mark, so 5030 as a stop loss for any bearish positions.

 

Positive international cues and lack of any negative news flow makes 5100 and beyond a distinct possibility.

 

 

 

FUNDAMENTAL CHECK
Company	Price	Report Type	Recommendation
	13.11.09		& Target (Rs)
BARTRONICS	154.80	RESEARCH REPORT	ACCUMULATE

 

 

 

 

 

 

 

  Technical Picks for the Forthcoming Week

STOCK	RECOMMENDATION	CMP	STOP LOSS (Rs)	TARGETS (Rs)
S. KUMARS NATIONALWIDE	BUY	44.15	42.00	48.00

 

 

 

 

 

 

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