Saturday, September 13, 2008

Stock Watch- Glenmark Pharma, Aban Offshore,Rolta

Glenmark pharma remains my favourite pick in the pharma space as it continues to trend up nicely. Watch out for the stock.

Similarly Aban Offshore is one of my favourite stocks in the oil exploration space. We had traded the stock last time from 3000 to 5000 and it seems that the stock is ready to make some explosive moves in the coming times.

In IT ,Rolta looks promising once it crosses 330-340 levels.

Still I would be cautious around 5050 levels. We need a strong momentum on the upside to really take a dash at 5300 levels. One good thing is the abundant “scepticism”,so that might limit the downside.

For aggressive traders,there are many good short term trading opportunities. If you are good in managing your risk, you can make some decent money.

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