Stocks picks- April 30 2007

30-04-2007

Disclaimer: These are my personal notes; Not to be taken as trading advise;; Consult your own financial advisor before taking decisions

Early in the morning the Indian markets started with negative Asian market cues and we have anyway reacted from the top on friday

The U-turn the market took at around lunch time today might have surprised many;

IT stocks regained some of their lost strength due to rupee weakening and trading above Rs 41 to a dollar

TV-18 declared its Quarterly results

Highlights are:

The company's net profit has increased to Rs 27.14 crore (Rs 271.4 million) in fourth quarter compared to Rs 17.03 crore (Rs 170.3 million) in previous quarter

Consolidated revenues from operations has risen to Rs 80.37 crore (Rs 803.7 million) from Rs 64.77 crore (Rs 647.7 million) QoQ.

Lets sleep well and come fresh on Thursday the May 3rd 2007 after 2 holidays on Tuesday and Wednesday;



28-04-2007

Disclaimer: These are my personal notes; Not to be taken as trading advise;; Consult your own financial advisor before taking decisions

Markets are reacting from their recent tops

Lets us wait for reactions for stock picking in small lots

BHEL at 2400

LArsen at 1600

Gujarat Alkali at 140

Divis lab at 3500

Reliance Capital at 650

Escorts above 130

Wockhardt at 400