Market Comments - Stock Specific Activity

Markets corrected finally which was overdue. There were lot of stocks which corrected more than required and so one can start entering these stocks slowly. GMR Infra gives good opportunity to enter.

IFCI also once again the bottom is seen for now and so the uptrend could start again. IFCI will be punters delight till the completion of bidding process is over. It will keep moving up and down and those who play in this will enjoy the up and down moves.

RNRL has also corrected well and this stock could be good for long term. Powergrid Corporation is another stock to buy with long term vision. Buy at every dip and hold it for long term. You will reap rich rewards.

Bihar Tubes is another speculative stock which is being latched on by market players. Those who enjoy playing with speculative stocks may enter this stock for quick returns though risk is always there.

Markets may be volatile today though the weakness could continue for couple of days. However the key now is going to be the Results. According to market sources RIL may announce stock split which has been long due and this rumours are floating for long. However this time the stock split may be announced and RIL being heavy weight, markets may be on fire.

IDBI and SBI could do well in the reversal which may happen in couple of days. Wait for the signals to enter fully. However buy in small quantity the above stocks so that you do not miss the bus when rally starts again.


My stock picks link :
http://indianstockmarketscomment.blogspot.com/2007/09/comments-on-current-stock-picks.html

My other blogs
http://indianstockmarketsquery.blogspot.com
http://indianstockmarketsinfo.blogspot.com
http://calculatemyemi.blogspot.com