Monday, December 13, 2010

Sensex give a bounce back as the European Marrket shows strength..

The Indian Stock Market opened positive today in the morning,but the index slipped down in the afternoon.The European Markets gave a positive opening and showed strength apart from the effect of the Indian Market trading in the red zone.
As the CAC and FTSE traded strong which also made the Sensex to pull back from the lower levels.The Sensex gave a strong pull back from the downside.The whole week,Nifty will trade in a positive zone.
The Market as left is stock specific.The upcoming IPO of Punjab and Sind Bank is offering 40 crore equity shares in its issue.Its a 100% government undertaking which will become 82.07% after the issue opens,its a must "Buy".

Results:
1)Uflex(Recommended on Thursday)->target 180 achieved in 2 trading sessions.
2)Indosolar(Recommended on Thursday)->going strong to my call.

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