Tuesday, July 24, 2007

25 JULY

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Market as expected by me remained under pressure from higher levels and almost remained under pressure for all the day,market may face some selling pressure below 4630 closing base and market can see some round of another profit booking in the coming days,in the coming days if market not recovers well then it can tumble more without any hesitation.on the other hand remain above 4600+ still there is no problem for short term bulls.

Stocks:--

Mcdowell
JET AIRWAYS
RELIANCE ENERGY
TATA STEEL
RNRL
BANK OF INDIA

BUY 47.5 CA RNRL AUGUST
BUY 780CA REL AUGUST

TGT: 70%

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