Finally what we predicted yesterday at this place came true and the markets shed 120 points to settle down at 19,127 points owing to the fresh sub prime cases and weak Asian markets.But the IT pack seems to be recovering partially at this point of time.

The investors need to remain cautious before entering into this scripts.Infosys can be bought at lower levels with 5-6 months target.But the US markets had a great recovery yesterday with both Dow & Nasdaq recovering smartly by 1.7 % and 1.57% respectively.And also the crude oil prices are down to $94/barrels level.But for the European markets ,all other markets including the Asian markets have recovered to some extent.So overall we can expect the Indian markets to respond in a positive manner today.

Now lets see how the calls made yesterday have performed.Essar oil was up by 16%,Simplex real was up by 5%,Modern India was up by 5%,Marg was up by 1.8%,Pudumjee agr was up by 5%,Prime textile was up by 5.5%,Ispat was down by 2.32%,khoday (i) was down by 3.3% and Deccan gold was down by 5% roughly.In a falling market we guess they were considerable calls,we also believe that Ispat and Khoday will be doing well in coming days.

A few calls for today include:
Jaipraksh Ass cmp 1714
PVR cmp 274
Sahara Housing Fin cmp 887
Jk cements cmp 224
Deccan Avi cmp 248
GMR Infra cmp 252
Neyveli cmp 223
Nirma cmp 224
Marg cmp 427

Readers can always subscribe to the full feeds of all the calls made over here from right side bar of feed burner.We would also like to hear some comments from the readers of this blog and share all your experience over here.

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