Market Trend - 22nd Feb 2008
The jobless claims data in the U.S.A. for 4 week ending has been the lowest since October 2005 clearly indicating of recession in the U.S. There are further claims that the 2nd quarter i.e. April to June will be worse . These facts will have a telling effect on emerging markets such as ours. Some fund managers have started talking of the market testing new lows. Hence it would be better if we employ the wait and watch policy to invest in long term stocks till the global situation improves.
Earlier short term recommendations –
| Scrip | Recommendations | Target | Remarks |
| Bajaj auto | sell@2345 | 2290 | hold |
| TCS | sell@886 | 869 | hold |
| Tata power | sell@1345 | 1295 | hold |
| Reliance Power | sell@384 | 371 | hold |
Todays short term recommendations –
| Scrip | Recommendations | Target | Remarks |
| HDFC | buy@2635 | 2675 | -- |
| Infosys | sell@1640 | 1622 | -- |
| Satyam | Sell@462 | 448 | -- |
HEALTH TIPS - Pranayam yoga is the best remedy for persons suffering from Asthma . Those doctors who claim to cure Asthma do it by administering steroids , which has a temporary effect and the person becomes lifelong dependent on steroids . Further the steroids have harmful side effects. Pranayam cures Asthma effectively . It also helps in improving blood circulation and beneficial in several ways.
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