Market Trend
Well as discussed yesterday the Indian market shed around 400 pts. today . It has entered a bearish phase as of now . The next week will be crucial for the markets as significant events are scheduled . One of them being the much awaited bonus issue from Reliance Power. According to me the bonus issue will be in the ratio of 1:5 . Anything below this ratio then we might see the Rel. Pow. Price plummeting .
Earlier short term recommendations –
| Scrip | Recommendations | Target | Remarks |
| Bajaj auto | sell@2345 | 2290 | Target hit |
| TCS | sell@886 | 869 | hold |
| Tata power | sell@1345 | 1295 | hold |
| Reliance Power | sell@384 | 371 | hold |
| HDFC | buy@2635 | 2675 | Hold |
| Infosys | sell@1640 | 1622 | Target hit |
| Satyam | Sell@462 | 448 | Target hit |
Todays short term recommendations –
| Scrip | Recommendations | Target | Remarks |
| Jindal saw ltd. | sell@895 | 874 | -- |
| Cipla | sell@201 | 194 | -- |
| GTC Ind. | sell@478 | 464 | -- |
HEALTH TIPS – Those who are on medications for iron supplements should note the following points .
1. 1. Medication should always be taken half an hour before taking food as absorption of iron in blood is fast in acidic medium i.e. when the stomach is empty.
2. 2. With iron medicines it is necessary to take vitamin c supplements.
3. 3. Calcium and Iron supplements should never be taken together.
Some of the doctors don’t feel the necessity to inform the patients of the above points but it is equally important.
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