Thursday, February 28, 2008

BUDGET PREDICTIONS

Tomorrow being a big day for the markets , budget to be announced, may well decide the fortunes of several companies. As is the general mood that the budget may be election oriented and hence not so popular towards the market. The sectors which may benefit from the budget could be Computer Education , Fertilizers, Power and Infrastructure. Those sectors losing out could be Airlines, Real estate and Automobiles. Even if the budget is moderate or good for the markets, don’t expect a rally as the overall sentiment is negative.

Earlier short term recommendations –

Scrip

Recommendations

Target

Remarks

Lanco Infra.

sell@487

468

Target hit

TCS

sell@886

869

hold

Tata power

sell@1345

1295

hold

Reliance Power

sell@384

371

hold

BHEL

sell@2280

2245

Target hit

Cipla

sell@201

194

hold

Rel. Power

sell@458

430

hold

Sh. Renuka sugar

sell@1152

1122

hold

Today’s short term recommendations –

Scrip

Recommendations

Target

Remarks

Bajaj Hind.

sell@252

238

--

Guj. Ind. Pow.

sell@109

104

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Short term trading is always risky, it is better to go for long term investment with a perspective of at least 1 year.

HEALTH TIPS - Cancer is one the most dreaded disease, as it has no cure if identified in later stages. If detected early it can be prevented from spreading. One should look for the following warning signals of cancer

1. Change in bowel habits.

2. A sore that doesn’t heal.

3. Unusual bleeding or discharge, especially in women after menopause.

4. Thickening or lump formation in any part of the body

5. Indigestion or difficulty in swallowing

6. Obvious change in colour or size of a mole or wart.

7. Nagging cough or persistent hoarseness.

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