1. MARKET Watch 3900 level ,if broken market will further tumble.
2. Budget 2007 Cement stocks may get an axe in budget proposals.
3. Action Wait till 10:15 AM and let market show its direction and then trade.However go long only after budget and let the trend be clear.Avoid F&o segment till budget.
4. Strong Future Stocks: : Praj Industr, Aban Offshore, Ifci Ltd, Orchid Chem, Jsw Steel Limit, Ndtv Ltd, Sesa Goa Ltd, Lupin Limited, Sail Ltd and Escorts Ltd
5. Weak Futures: Parsvnath Develo, Shree Renuka Sug, Lanco Infratech, Ivrcl Infrast, Grasim Inds, Balrampur Ch, Punj Llyod Limit, Hindustan Const, Bata (i) Ltd and Century Text..
6. Trading Calls
(a) One can go long for Suzlon as it is a long term story call.
Buy Suzlon>1068.05,TGT1 1074.5,TGT 2 1079.9,TGT 3 1086.5 and final tgt for it is 1100,sl 1047.95
