Tuesday, October 2, 2007

Weekly Stock Tip - for week beginning 15th April 2008

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This week, we are expecting to see action in RPL, RCOM. (Rest of the picks for paid customers :) )

RPL has broken out well and is heading towards 192 and 208 levels. It will retest 179 levels before starting its upward move again. BUY RPL around 179 levels for a target of 192 and 208.

RCOM has taken a wonderful support at 485 and is poised for a short run up. The stock is expected to touch 528.

View on NIFTY
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NIFTY is moving rangebound with a bullish bias. If it closes above 4800 levels, we may see 5000 levels in the coming week.