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MARKET MANTRA:
Fame India Ltd hits the buyer freeze in the opening trade; now locked at the upper circuit at Rs.51.85. The company is having an AGM very soon. The stock was repeatedly recommended as a buy. 
Buy Essar Oil Ltd at Rs.128--128.50, T--Rs.140, SL--Rs.121. The company came out with scintillating set of number for the Q1FY12, with the Net Profit jumping many folds, when compared on Y-o-Y basis. Its expansion will stand completed in October 2011. According to a Bombay based analyst the Company's present GRM is around USD 8.50 which, post expansion, should increase BY 4 dollars. Thus, Essar Oil's profits can show sharp rise from Q4 onwards. Hence buy the stock to get some decent retuns going forward.
Buy Refex Refrigerants Ltd at Rs.23.40--23.70, T--Rs.32, SL--Rs.21. The company is going in for a new business models apart from its existing business.
The Next Target for Nifty is 5900-6300 and hence keep adding your Nifty Longs. Strong support at 5560--5500-5491.
Buy Allied Digital Services Ltd at Rs.47.50--48, T--Rs.75, SL--Rs.42. With the TCS Ltd coming up with results very soon, the IT space is heating up. The results of Infosys Tech was more or less along the expected lines.

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