Market Trends

*Watch Nitin Fire Protection (Cmp Rs.522) the company is in talks for strategic investment. Try to pick up this scrip in low levels.

*Is it Medial Stocks will be in limelight? as per latest reports the Minstry of Information and Broadcasting is aiming to cut in entertainment tax to 25-30 percent, which will fetch to Rs.44,000 cr media and entertainment industry.

*Powegrid shares are trading at Rs.136,one of the secured investment for 10-12 months target, which will fetch better gains in the long run.

*Advising you to not to enter in IFCI (Cmp Rs75 ) at present levels. IFCI has lost Rs.24% today compared to yesterdays price.

*RIL (CMP Rs.2007) looks so attractive for one month target level of Rs.3000, RIL will get Gas distribution contract with A.P Govt very soon.

*HDIL (Cmp:962)plan for entertainment foray for investing Rs.1000 cr to set up 150 theaters. Punters are advising to take positoin for HDIL in low levels for the target of Rs.1000 for one month holding.

* Rcom is available at Rs.707 one can start accumulation of this scrip for the target level of Rs.900 in next month. Rcom will start GSM services very soon. Rcom's 3rd quarter results will be more attractive.

* GMR Infra recommended here at Rs.232 has achieved Rs.240 target level today. The bullishtrends is recommending this scrip continuously since one month.