-mkt likely to trade firm
-reliance capital 800 above , 1000 target is firm
-jstainless qurtely audited results are in june , hold till result, long term target incresed till 170
-dabur has consolidated around 93-98 good to buy at current level , and go long
-nifty support at 3900 level
-foreign mkt are strong on friday , mood on dalal street will stay positive for today
-Pratibha Industries Ltd has informed that the Register of Members & Share Transfer Books of the Company will remain closed from June 13, 2007 to June 20, 2007 for the purpose of payment of final dividend and 12th Annual General Meeting of the Company to be held on June 20, 2007.
-cipla - below 205 strat buying for lonbg term , not given good qurter , in one year can give good return
-mkt in afternoon expect to trade strong , last hr may be volitile
time to book profit in amara raj battery
-matrix lab gone up nearly 11%, it has good company and created lots of wealth for investors, yesterdays news had played good punch for the stock. Mylen lab fourth largest generic drug player in the world market got Mercks generic business for $6.6bn , The deal follows Mylan's recent $736m acquisition of a 71.5% stake in Indian-based drug ingredient maker Matrix Laboratories. So Matrix got the new market which will beneficial for company, If Mylan can bet on Matrix why not we retail investors . Here is some figures of matrix labs
Yearly High lows
year high low
2007 237.9 149
2006 312.8 184
2005 2565 143.1
2004 2480 1246.4
2003 1566.55 192.8
currently trading at223.03(nse) looks somewhat higher side , but stock is always good to bet
below 180 good buy, surely hit 300 level, analyse and invest
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