Saturday, January 09, 2010
India stock market update as of 09 January 2010
Right now, the market has jumped up a bit, and there are fears of a correction imminent, but the trend overall seems to be that the market will keep on going higher (but one should have the courage to take the roller-coaster ride that comes with such a movement). For the past several weeks, I have been also looking at studying more technical indicators so that can see stocks for the short 2-3 weeks, as well as for longer periods.
Fundamental based stocks:
Mahindra Ugine - Rs. 60
JBF Industries - Rs. 102
Indiabulls Securities - Rs. 36
Sharyan Resources - Rs. 88
Walchandagar - Rs. 225
Rishi Lazer - Rs. 55
Technical trends upwards:
Andhra Bank
Asista
Maral Overseas
Bajaj Finserv
Financial Technologies
Labels: Equity, India, Indian, Stock, Tips
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