indian stocks -May 30, 2007

DISCLAIMER: These are my personal musings;; Not to be treated as trading advise

30/05/2007

Market has closed above an important mark of 14500;; Lokks to be strong

Larsen and Toubro came out with an impressive set of numbers;;
A tremendous growth in net profit figures to 700 crores in the latest quarter matching with a robust growth in turnover

Stock needs to be watched -- Has given a convincing breakout with volumes yesterday



28/05/2007

1) Divis Labs covered earlier has given a good upmove; It has announced a stock Split

2) F & O Expiry is on thursday the 31st;; Market is not ready to go up
Today volumes were low on most of the stocks that I track;;

3) Fresh Recommendation: Financial Technologies-- Has given a breakout above 2250/-

4) Jet Airways-- Watchout may move fast