Monday, April 23, 2007

IFCI & Important Events scheduled for this Friday

IFCI looking strong for the next move to 43-45 band.
IDBI has achieved our target of 86.
RNRL has already moved above its resistance of 24.50 & can touch 29 & there is a high probability that all this can happen this week itself.
Next Week might be something different.


On Friday 27th April, there are two major events lined up.
a.) Bank of Japan will announce its six monthly economic data.
b.) US GDP price index to be declared.

Both these events have enough power to affect the course of market substantially.




Disclosure: I am having position in above said stocks for myself/ family members / friends.

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