1.Market:Trend of market is bearish.Watch screen diligently as intra day volatility to continue.
2.Strong Future : Orchid Chem,, Shree Renuka, Mphasis, Nicholas Pir, Praj Industr, I-Flex, JSW Steel, Ntpc Ltd, Mcdowell & Triveni
3.Weak Futures: Hcl Tech, Srf Ltd, Bata, Nagarjuna Fertil, Acc Ltd, Hindustan Const, Corporation Bank, Lanco Infratech, Orient Bank and Itc Ltd.
4.Long Term delivery:Buy GAIL for target of 325.Day trade above 275 and book profit if available in day else convert delivery.
Buy Jet Airways>593.5,597,599.95,607 Sl 584.95
Note:Suzlon is not a bad company but acquisition of R power may not go well with the company as company crumbles under heavy acquisition weight as seen in TATA CORUS deal in short term.
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