"Our favourite investment period is forever" "I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over" "Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years" "The best way to predict your future is to create it."

Short term stock tips for 26-June-2008

1. Canara Bank


LTP : 177.30 (25-06-2008)


Buy at : 173 - 176


Target : 189 (short term)


Stop loss : 165




2. Lanco Infra (LITL)

LTP : 334 (25-06-2008)


Buy at : 330 - 338


Target : 364 (short term)


Stop loss : 315


Caution : Before buying please aware the following major risks which may drag sensex / nifty suddenly down. Apart from these risks one can hold these fundamental sound stocks for future.

Risk 1. Government may fall at any time if left party removes support to congress govt.

Risk 2. If crude oil prices crosses 140 dollars then it is negative for market.

Risk 3. If Inflation is above 11% then negative for banks,construction and real estate sectors.

Risk 4. Global economical recession / slowdown. or Global stock market weakness.



INTRADAY for 26-JUNE-2008


1. ICICI: Buy at Rs. 699, Target- Rs. 714, Stop loss- Rs. 690


2. ITC : Buy at Rs. 186.50, Target- Rs. 189.55, Stop loss- Rs. 185.00


3. Wipro: Buy at Rs. 454, Target- Rs. 462, Stop loss- Rs. 449.50

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