Sunday, February 10, 2008

Relpower will bring mkts up,is it possible?

Is it possible that Relpower listing will be welcomed with a rally? yes quite possible. Relpower is from the power sector and stocks like NTPC,Powergrid,BHEL, and many other power stocks will move up very well, this will also effect Reliance and can take it up.In charts also stocks dont seem to be so weak now as the expected correction has happened and a small bounce back is quite possible. Escorts looks very good and a target of 120 is possible tomorrow in it.

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