Wednesday, April 4, 2007

Investment strategy for day traders (April 4, 2007)

Indian Stock market outlook for Wednesday:

This is going to be one of the good days for Day traders. Markets will gain at least 200-250 points.

Global Markets:

All the global markets rose substantially. Indian markets will respond in the same manner.

Stocks for Day Traders:

Indian Hotels, Zee, Orchid Chemicals and Ranbaxy. Day traders can bet big on Orchid Chemicals.
Advice for Long term Investors:

Sell ‘Infosys’ shares – It will announce less than favourable future growth.
Stay away from Real Estate, Banking, Consumer Finance and Auto shares. I can’t understand why investors bought these stocks on Tuesday.

Stocks for Long term Investors:

Ashok Leyland and Finolex Cables.

Please share your idea.

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