POST MARKET ANALYSIS FOR 9th FEB (FREE STOCK RECOMMENDATIONS FOR 10th FEB)

The Money Expert

Post Market Analysis for 9th FEB. Dear readers,                           Indian Markets showed a wonderful recoverytoday from the early scare when Nifty was tentatively trading near 4735. Asoverall market breadth was positive and no. of gainers outperformed the decliners.Recovery was mainly lead by major short covering in banking sector and freshbuying in select PSU's on account of Divestment news. World markets showed good signs of recoverythough US markets closed in Red. But Chinese and other European markets weretrading higher. Manyanalysts feel the recovery would be short lived and that Nifty upside could becapped near 4900 to 5000. SenSex (prov): 16,042 up 108 points, Nifty(prov): 4792 up 32 points. Nifty (fut): 4788 up 23 points OurRecommendations for today: Astec life: from 64 to 65.8 JK tyres: from 185 to 186.7 Jai corp: from 266 to 277 Nifty: Sold near 4803 to 4783 Multi bagger: Subex from 62 to 66.2 freezes10%. Stockwatch on Tuesday: ABGship and Jai corp. looks attractive Stocksfor Wednesday Buy Jai corp. above 278 targets 281 to 289 Niftyfor Wednesday Nifty has seen some buying and strong shortcovering in couple of days, which may take Nifty to 4850 to 4900 levels. Itwould be advised to avoid fresh short positions. For Free Stock tips please add indianmoney11@yahoo.com in your yahoo messenger.