Jan.4 2011
From the desk of
Dr Ashwani Varshney
The market closed with loss of 11 points on Nifty and 62 points on sensex.The Group of Ministers meeting to take decision on deregulation of Urea on 5 January 2011 can positively impact the fertilisers stocks.Moreover it is expected that the decision on the same may be defer to next month.Market look choppy for the next trading session .
Recommendations for Jan.5 2011
1) Buy Reliance Industries at 1070 target 1090 sl 1057.
2)Accumulate IL&FS transport for handsome gain of 20% in 2- month.
Gud luck
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