Sunday, August 10, 2008

Monday, 11 August Market

Monday, 11 August
9:58 AM - The market has opened with a gap up on Monday. Sensex is at 15,418, up 250 points from the previous close. Nifty is at 4598, up 68 points. » Send to friends

9:55 AM - Aptech can be a good stock to move into now, as it looks very good on the charts, says Rajat Bose, technical analyst, on CNBC-TV18. The stocks has an immediate target of Rs 251-255 and above, he adds. The stock is at Rs 231.35 on the BSE. » Send to friends

9:51 AM - HDFC Bank may provide a good trading opportunity, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock can move up to Rs 1,350, he adds. It is at Rs 1,280.20 on the BSE. » Send to friends

9:47 AM - The Nifty might see 4600 or higher levels at the opening today, says Rajat Bose, technical anlayst, on CNBC-TV18. But it may face resistance at 4637, he adds. But once this is crossed and sustained, then the levels to watch out for would be 4673, 4695 and 4725, he adds. » Send to friends

9:40 AM - Oil marketing companies like HPCL, BPCL and IOC should be avoided for now, says Prakash Gaba, technical analyst, on CNBC Awaaz. ONGC looks good in the oil pack and can move up to Rs 1,150, he adds. It is at Rs 1,064 on the BSE. » Send to friends

9:33 AM - The market may see a good opening today, says Prakash Gaba, technical analyst, on CNBC Awaaz. The Sensex may take support at 14,990 or so and the next technical target for the index is 15,740, he adds.

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