Opening Market Review 9th April By KR Choksey  

Same day target hit: Renuka Sugar has hit our 2nd target at 1025 as recommended in KRC Equity Blaster. Hold for tgt.1042.

News Update: IFC to invest in Tata Power’s 4,000 MW Mundra ultra mega project

Same day target hit: Renuka sugar has hit our target at 1015 as recommended in KRC Equity Blaster.

Buy Renuka Sugar at 996 KRC Equity Blaster 1st target 1015 2nd target 1025 Safe Stop Loss 986 Secure Time 2-3 days Growth at www.krchoksey.com

Interview: Watch Mr. Deven Choksey’s view on market live on NDTV at 10.30AM and on Zee Business at 3.00PM

FII activity for 08/04/08: Net Buyers of Rs. 240.56 Crs. in Index Futures, Net Sellers of Rs 39.34 in Index Options, Net Sellers of Rs 14.07 Crs. in Stock Futures and Net Sellers of Rs 2.59 Crs in Stock Options.

Opening Market Review: Markets are likely to open flat with volatility on both sides. Nifty (market) is strong above weak below: 4719; Sensex: 15612; Nifty Rest: 4760-4811; Supt: 4668-4627; Sensex Rest: 15746-15903; Supt: 15454-15322. Buying (Trading) opportunities exist in Alstom Proj, Auro Pharma, Axis Bank, BOI, Bharti Airtel, Corp Bank, GE Ship, Tata Tea, Sterlite Ind, Kotak Bank, Moser Baer, Chennai Petro. Cash buying in Indian Bank, Hind Zinc, Air Deccan, Yes Bank, Union Bank. Nifty April Fut. strong above/weak below: 4708; Rest: 4753-4814; Support: 4646-4601.

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Kisan Ratilal Choksey Shares and Securities Pvt. Ltd.
1102, Stock Exchange Tower, Dalal Street, Mumbai 400 001
Phone: 91-22-56338050 / 66965555. Fax: 5633 8060
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www.krchoksey.com
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Written by K R Choksey

April 9th, 2008 at 1:46 am

Posted in Market Outlook

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