BOOK PROFITS

I HAVE RECOMMENDED FROM 4/5/09 ONWARDS FOLLOWING STOCKS FOR SHORT TERM BUYING.
TATA STEEL, SAIL,SESA GOA,CESC,TORNT POWER,IFCI,GT OFFSHORE,RNRL.APTECH,FIN TECH,GDL,BIO CON,LAKSHMI OVERSEA , HOTEL STOCKS, CEMENT STOCKS ETC. I RECOOMEND TO BOOK PROFITS.

market breaks sharp upmoving trend line.

as per expectation +ve global mkts helped to break recent top of 14931, but after that we are correcting now and we have broken sharp upmoving trend line which was giving support since last 5 days.refer link. trend line is shown in purple color.
http://pankaj564.blogspot.com/2009/06/global-mkts-will-help-to-break-14931.html
today is 55th day from recent bottom. chances of top formation are high. avoid buying.

stocks to watch

yesterday i discussed abt switching into defensive stocks like fmcg. yesterday we have seen good moves in fmcg stocks like colgate, hul, itc. these stocks can be bought now bcz we r reaching closer n closer to intermediate top.
thermax has given good upmove yesterday.closing was 397.can be bought for further upmove.keep stop loss as per yr convenience.