Friday, March 09, 2012

Market Mantra
Buy S Kumar Nationwide Ltd (BSE Code: 514304) at Rs.33, T--Rs.35, SL--Rs.31. The textile sector is expecting their problems to be solved from the Union Government. 
Sintex Industries Ltd (Rs.83) has broken out of the current ranges, next target if Rs.87-88. It is a diversified company has also  has presence in the textile sector.  
Intra-day, buy Indian Overseas Bank Ltd (BSE Code: 532388)  at Rs.99, T--Rs.103, SL-Rs.97. The investors should buy all the Bank counters as CRR cut is now inevitable.Those who are holding Central Bank should continue to hold the scrip. Both Reliance MediaWorks Ltd and D B Realty Ltd are doing well today.  
FRESH BTST (buy today sell tomorrow); BUY MINIFTY_MARCH at 5340-5360, T--5382-5400, SL--5328.

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