Stocks for the week
This week the sensex and nifty may see new highs near to 11K.But be cautious as profit booking is also expected as year end is near by.The textile stocks like century tex, and some auto stocks may rise.Also TCS which rose to its 52 week high may rise slight more,up to 2000.Investors can book profit the share which gave more than 25% returns.That is a trading principle.Also I think its good to invest some money in contra fund which closes on 22 th March for long term.Reliance Growth Fund bought 79,93,675 shares of DenaBank during Feb, 2006. Now its latest NFO of Reliance Equity Fund collected more than Rs.5000 crore which is good for the Dena bank whose near term target is about 50.
Comments