Wednesday, August 20, 2008

IMPORTANT BUZZING STOCKS IN INDIAN MARKET

SUBEX SYSTEMS LTD : I would advice the investors to sell the stock at higher levels. The counter is not looking impressive fundamentally and there is lot of risk. So, the investors should switch over to other counters on rally

RANBAXY LABORATORIES LTD : I recommend the investors to hold the stock for the short term. The counter has resistance at Rs 520 levels and if it crosses these levels, then it can rally further. On the downside, it has support at Rs 480.

INDUS DVLP BANK OF INDIA : I advice the investors to sell the stock on rally. The earning visibility is not good and lots of issues are pending. So, the investors should switch over to other counters in the same space


POLARIS SOFTWARE LAB : I advice the investors remain invested by keeping a stoploss of Rs 105

HINDALCO INDUSTRIES LTD : I would advice the investors to sell the stock on rally. The counter has resistance at Rs 160 levels and the investors can exit the counter at those levels

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