20 Oct 2010 Recommendations

20 Oct 2010 Daily Recommendations  09:03

FYI



Recommendations:


Buy:


Ambujacem Abv 141 sl 139 T 145


Bhartiartl Fut Abv 329 sl 323 T 335


Colpal Fut Abv 868 sl 858 T 884


Nagarconst Fut Abv 158 sl 156 T 163


Sesagoa Fut Abv 366 sl 361 T 375


Techm Fut Abv 772 sl 762 T 785


Zeel Fut sl 277 T 285


Glenmark sl 307 T 317






Sell:


Andhrabank Fut Bel 167 sl 170 T 162


Corpbank Bel 715 sl 721 T 704


HCLTech Fut Bel 434 sl 441 T 428


Hindalco Fut sl 210 T 200


Orientbank Fut sl 486 T 472


Ster Fut Bel 175 sl 178 T 171


Wipro Fut sl 470 T 457


US Market Updates :
Stocks suffered their steepest one-day decline since August on Tuesday. There were many factors hurting the tape including: A report that a consortium, including the New York Federal Reserve, wants to force Bank of America(BAC) to buy back $47 billion of mortgage bonds, CNBC reported; Chinese surprise rate hike; continued selling in the banks, negative tech earnings and a stronger U.S. dollar that hit the commodity/energy complex. The Dow Jones Industrial Average ended down 165.07 points, or 1.48%, to close at 10,978. The S&P 500 fell 18.81 points, or 1.59%, to close at 1165, and the Nasdaq was down 43.71 points, or 1.76%, to finish at 2436. All of the major S&P 500 sectors fell, led by energy, materials and health care.

Disclaimer :
 
Daily recommendations have been prepared by the Research Division of Integrity Financial Consultants Pvt. Ltd.(IFCL),Pune, India and is meant for use by the recipient only as an informative. Nothing on this blog is intended or should be construed as investment advice. It is intended to be used for informational purposes only. This document is not to be reported or copied or made available to others without prior permission of (IFCL). It should not be considered or taken as an offer to Buy or Sell or a solicitation to Buy or Sell any security. These views alone are not sufficient and should not be used for the development or implementation of an investment strategy. It should not be construed as an investment advice to any party. All opinions and estimates included here constitute our view as of this date and are subject to change without notice. The information contained in this report other than the recommendation(s) has been obtained from sources that are considered to be reliable. However, iNTEGRITY has not independently verified the accuracy or completeness of the same. Neither iNTEGRITY nor any of its affiliates and/or its business associates and/or its directors and/or its employees accept any responsibility of whatsoever nature for the information, statements and opinion given, made available or expressed herein or for any omission therein. Recipients of this report should be aware that past performance is not necessarily a guide to future performance and value of investments can go down as well as the market related investments are subject to market risk and volatility. The suitability or otherwise of any investments will depend upon the recipient's particular circumstances and, in case of doubt, advice should be sought from an independent expert/advisor. Either (IFCL) and / or its affiliates and / or its business associates and / or its directors and / or its employees and / or its representatives and / or its clients and / or their relatives may have position(s), make market, act as principal or engage in transactions of securities of companies referred to in this report and they may have used the research material prior and / or after to publication. The information shared in this blog may be and or may not be 100% perfect as it is being shared from many sources. iNTEGRITY and / or its affiliates and / or its business associates and / or its directors and / or its employees and / or its representatives and / or its clients and / or their relatives do not take any type of responsibility if reader or recommendation(s) follower will face any losses or liabilities because of our recommendations; market risk will be always there while and whenever concerned parties enter the stock market by any means.It is recommended for the recipients to take their decisions according to re-verification of the shared information. No arguments and / or claims and / or objections will be entertained. Similarly, iNTEGRITY and / or its affiliates and / or its business associates and / or its directors and / or its employees and / or its representatives and / or its clients and / or their relatives will not take any assurity about our given recommendation(s) about its success. Sole discretion will be most recommended for readers and/or subscribers and/or followers and/or information receivers and/or investors and/or traders.