Friday, February 22, 2008

Multibagger stocks

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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