Friday, August 10, 2007

Intraday Calls for 10th August

Markets may open with a dip gap down something like 400-500 points. But I think market can bounce back from lower levels.


So be carefull but its a buying opportunity for valuable stocks and some small companies which are trading at their lower levels and may bounce. I can suggest some of stocks:


1. Ansal Buildwell CMP Rs. 80/- Very good fundamentals, Land Bank and have potential of 40-50% gain from current levels.

2. ALPS Industries CMP Rs.44/- It is also a very nice co., Strong fundamentals. Buy it for short to med term gain.

3. Orchid Chemical CMP Rs. 220/- Nice results posted by this company in june quarter. So buy for short term target of Rs. 275/-

4. Paramount Communicaion CMP Rs. 28/- Trading at its lower levels and have potential to touch Rs. 40-45/-


Good Luck.

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