BEST BUYING LEVELS FOR THE COMING WEEK

These are the best entry levels and immediate resistances for various companies from different sectors.....

(Please click on the above picture to get a clear view)
Please make investments only in these entry levels. Profit booking is advisable at the resistance level for retail investors.

I advise step by step investment strategy. Any queries please mail to hari08_indian@yahoo.com

Regards Hari " लोका समस्ता सुखिनो भवन्तु "

EXPECTATIONS FOR THE COMING TRADING WEEK

Friday Nifty closed at 5544.75, 58.60 points in green.

Expect correction next week. Because the fundamental side is not good.There are so many reasons to believe that.

#First thing is that Q4 result of various companies was not so good.

#Inflation is still not in the control, the rate will again increase in the coming weeks because of the price hike in petrol.

#High crude oil price.

#The problems and controversies associated with the issues of long term GDP growth.

#FII's are now on the selling side.

In order to start the money flow into the Indian market by FII's, the government should take necessary actions.

I think the major support level for Nifty will be 5680. This level is very crucial. There is no chance for crossing that limit in this particular scenario.

Good investment point for retail investors are in the 5340 to 5400. Observe these levels and make appropriate decisions.

Current buying is not advisable in the current market level, because the downward trend will continue at least for 1 month.

Regards Hari " लोका समस्ता सुखिनो भवन्तु "

ANALYST DIARY

These are the stocks that gained high during March 19 to April 19.

# KSB Pumps: The price went up to 288.50 from Rs.238. Hike of 21.22%. KSB pumps are the major manufacturer of industrial pumps. They offered a 1:1 bonus. This stock has a EPS of 33.5 and a PE of 8.39.

#PBA Infra: The price went up to 87.95 from 56.85. Hike of 57.43%. This is one of the major companies in the civil engineering field.

#Kanoria Chemicals: The price went up to 54.25 from 26. Hike of 89.70%. The news that Aditya Birla chemicals are trying to buy the Chloro chemical division of kanoria chemicals is the main reason for the price hike.

#Compact Disc: This is the biggest animation company in south asia. The price went up to 60.40 from 38.80. Hike of 58.76%

#AP Paper: Andhra paper mills company has a capital base of 502.95 crores. Price went up to 364.90 from 156.10. Hike of 135.04%

Regards Hari " लोका समस्ता सुखिनो भवन्तु "