STOCK BUZZ

The Indian market has not seen any significant news for the bulls to return. There is significant bad news in the markets, to name a few: Early elections, High Oil and natural gas prices, double digit inflation pressures, the financial problems on the wall street driven by sub prime lending, to name a few. This provides pretty good opportunity for long term buys. We will suggest those stocks which are really good long terms buy. Buy for July 01. Tata Chemicals Ltd. 290, 295, 300. SL 220.

Real Estate market in India : Our Economic Analyst has issued warning for all those who invested in Real Estate properties in Metro Cities. This is your last chance to sell real estate property and book your profit. Real Estate will take not be as good as it was 6 to 8 months back..

Help! Help! Help!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Some body call the CBI, please call the police...... Markets have lost their Bull and the Bear has taken over the Dalal street..... But this means its a good opportunity to buy. Buy Tata power 1117.5, 1150, 1190. Sl 999.0. Buy RPL 165, 170, 175. SL 150. Buy TCS 845, 880, 890. Sl 800. Hold for at least 3 months, markets will rebound because they have to.

The SENSEX will find support around 14K. There are some good companies to buy Ratnamani Metals & Tubes Ltd. -> 762, 770, 780. SL 740.

Market Analysis : If Saudi Arabia can give good news in terms of oil production hike than market may show a bounce back. Buy for June 23 : Buy ONGC>873.1,887,900, sl 868

Boiling crude and surging commodity prices finally pushed inflation over the dreaded double-digit mark. Inflation for the week-ended June 7 came in at 11.05% as against 8.75% week-on-week. The timing couldn't have been worse for the markets, which has been bogged down for the past three days on political tensions, growth slowdown fears, and tighter policy action to curb inflation. So, where do experts see the markets headed? Will tighter government action derail markets going ahead? Enam feels the high inflation figure is due to a huge increase in commodity prices. It expects inflation to be around 10% till August-end. There are worries that Monetary Policy should not overreact to inflation. Deven Choksey of KR Choksey Securities said a 1% rise in interest is given. He observed that if interest rates remain at a high level, then banks’ yield will be under pressure and it could be a challenge for the banking sector and stocks. ”A 1% rise on interest rates is given, particularly wh...

Analysis : As predicted yesterday the market fell like a pack of cards and thus the market could slide a bit more and thus this week is likely to be volatile.Key support for Sensex exists at 15215-15085 andresistance for the market up move exists at 15255-15685. Nifty will find support at 4440. Market is likely to trade weak due to impending fiasco of Nuclear deal and CPM may pull support and general elections may be in offing in November or December. To me the game plan appears like to enjoy complete power period and to save face in world go for nuclear deal as per US time bound programme and let the parliament be dissolved and go for general elections and prior to that declare the Sixth (VI) Pay commission report. Even Sonia Gandhi has given go ahead for nuclear deal and I to personally want this deal to go through else we will not have any international standing. I would suggest to watch market today.