Gold,Crude & Currency Analysis (Monthly Updates)
Tisco, Tata Chemicals to show firm trend
Crude Analysis Report for 26 August 2008

This note is for very short term outlook and short term trading.It may/maynot be for investment.

Sensex Expectations :Ahead of crucial UK and US data announcements, the world markets are showing nervous trend and we expect correction today..

Reliance : High Rs 2239 Low :2197Low Rs.2261
 RelianceCom: High Rs 417, Low Rs.392
RelianceInfra : High Rs 1004, Low Rs.945
Nifty : High 4352 Low 4248

Reliance:Alongwith the market,even Reliance will also fall but the rate of fallis expected to be less.

Banks :Banking stocks are catching up fancy.We suggest BOI,BOB,Den,Indian Bank to be accumulated..

Telecom: Day trading at Bharti,Rcom and TTML is not suggested but RCom and TTML can be accumulated

Power : RPower is expected to move up marginally.Power stocks are available at rock bottom pricesand sideway movement at Tata Power and RPower is due

Metal: Sterlite & Tisco are expected to show upward movement and can be accumulated.Sesa Goa at the current valuation is suggested

Oil Gas: Strong gains are due at ONGC. It is bonus candidate.OMCs are expected to rally on new pricing formula,

FMCG: Weak trend at FMCG stocks expected.Nestle is expected to firm up

Cement : Once again cement stocks are expected to be in limelight.Prism,India cement are expected to show firm trend

Infotechs: Satyam,Wipro and GTL are expected to show up trend.Avoid secondline infotech stocks

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
 


Currency Analysis
click Business news
www.chanakyanipothi.com is the only portal which provides to-the-point analytical information in English as well as in Gujarti.The portal gets analytical support from Chanakya Investment Weekly, No.1 Investment Weekly in india. This homepage is not updated on Friday evening.

Caution:Though all care is taken in arriving at the recommendations given in this website, the readers are cautioned that the prices of equity shares/debentures may rise or fall in a manner not foreseen. All possible efforts have been made to present factually correct data. However the website is not responsible if despite this , errors may have crept in inadvertently or through oversight. The anlyst or website doesnot hold any positions in the stocks mentioned .
Gold and Bullion Analysis

Infrastructure & Real Estate: We suggest to be very selective at Infrastructure stocks.R Infra,Reliance Ind Infra,Nagacontrcution are expected to show firm trend

Auto & Airlines : Air Deccan is expected to show strong gains.

Pesticide and Fertilisers: Investment buying is expected at Tata chem .Naga Ferti is expected to give good trading opportunity.GNFC ,Spic & Naga Fertiliser .

Engineering : Larsen and Bhel are expected to show high volatility but avoid day trading and even as investment book profits.

Sugar : World sugar production is going to decline this year.Accumulate Rajshree,Sakhi Balarampur chini & Bajaj Hindustan.

Summary: We expect correction alongwith the world markets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

..