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Wednesday, April 2, 2008

would a rocket be launched ?

Proposed action for tomorrow's trade None
Today's action Sell Bharat Forge at 279
Famex (according to previous trading day) 11253
Previous month close 12557
Movement from previous month close 89.61
Target for this month 13310
News for today : 1 : Wall Street began the second quarter with a big rally Tuesday as investors rushed back into stocks, optimistic that the worst of the credit crisis has passed and that the economy is faring better than expected.
News for today : 2 : What happened to the capital goods stocks, especially BHEL yesterday (fell by 8%)? It has pulled down our Famex by almost 4%. Can anyone tell why BHEL fell so badly?
Stock Barometer 1 - Good
Strategy for today : Sell weak stock on high
Quote for the day : The key to making money in stocks is not to get scared out of them. ~Peter Lynch

1 comment:

Chandu said...

another insider news...BHEL's earnings were not up to the expectations and this time it perfromed less then the previous year.

Dont have even the aproximate numbers.. but will keep the blog posted about it as and when i come to know...

-Chandu