abhishreshthaa
Abhijeet S
RIL fell off the brink at Rs 1,900 last week but it managed to get a hand-hold and has pulled itself higher from an intra-week low at Rs 1,764. Reliance industries give return of -6%.
Tata Steel, already in the throes of a bear attack, plummeted to an intra-week low at Rs 440 last week. The stock has key support around Rs 470 where it bottomed in August 2007. However, the recovery last week lacks conviction and a weekly close above Rs 600 is required to make the medium-term view positive again.
The investor is getting a return of -36%, which is second lowest among category.
Reliance Infrastructure bounced off the support at Rs 840 last week .on sep 19th 07 the market value of the share was around Rs 700. Reliance Infrastructure gives a return of -6%.
SBI stood rock-steady amidst the bedlam that ensued last week.
The stock rebounded from our near-term support at Rs 1,400 though it could not break the ceiling at Rs 1,600. Immediate target for the stock once this ceiling is breached is Rs 1,705. Short-term supports are at Rs 1,400 and then Rs 1,302.
Unitech plunged below short-term support at Rs 150 to record new lows for 2008 at Rs 112.5.
Unitech has given the lowest returns among category that is -57%.
Infosys was extremely volatile in the range between Rs 1,450 and Rs 1,650. Infosys has given investor -12% returns.
Tata Steel, already in the throes of a bear attack, plummeted to an intra-week low at Rs 440 last week. The stock has key support around Rs 470 where it bottomed in August 2007. However, the recovery last week lacks conviction and a weekly close above Rs 600 is required to make the medium-term view positive again.
The investor is getting a return of -36%, which is second lowest among category.
Reliance Infrastructure bounced off the support at Rs 840 last week .on sep 19th 07 the market value of the share was around Rs 700. Reliance Infrastructure gives a return of -6%.
SBI stood rock-steady amidst the bedlam that ensued last week.
The stock rebounded from our near-term support at Rs 1,400 though it could not break the ceiling at Rs 1,600. Immediate target for the stock once this ceiling is breached is Rs 1,705. Short-term supports are at Rs 1,400 and then Rs 1,302.
Unitech plunged below short-term support at Rs 150 to record new lows for 2008 at Rs 112.5.
Unitech has given the lowest returns among category that is -57%.
Infosys was extremely volatile in the range between Rs 1,450 and Rs 1,650. Infosys has given investor -12% returns.