Wednesday, April 30, 2008

Stock updates and day ahead 30 April

As said yesterday market rose sharply after RBI policy announcement. Suzlon and SBI have reached their targets and orchid did not take off. Markets continue to be in uptrend. We can expect some consolidation today. Short term targets for NIFTY are curently around 5300 - 5400 for this rally. Today's picks

RELIANCE CAPITAL - BUY above 1500 target 1555, 1600
YES BANK - BUY above 175 target 180. (Watch this stock today. Formed a traingle on charts and can give an explosive breakout)
ADLABS - BUY above 780 target 820
SCI - BUY above 241 target 249

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