Money Tree

The markets have been direction less in the last few days and there were abrupt moves both sides. We are discussing the performance of some stocks which were recommended on this site (under daily tips) during last ten days.

Reliance Natural Resources Ltd

We figured out the positive news on RNRL on 22nd June 2007 and maintained that the stock would see some upside from the levels of Rs. 34. Yesterday the stock closed at Rs. 39 an upside of about 15 percent in a week’s time.

S Kumars

S Kumars was recommended on our site on 22nd June 2007 at Rs. 89.60 and yesterday the stock was closed at Rs. 101.75 and touched a high of Rs. 104.45 during the day. The recommendation has produced a return of about 15 percent in a week’s time.

Sterlite Industries

This stock was recommended on 20th June 2007 at Rs. 560 levels for a target of Rs. 620 and it almost touched Rs. 620 level within next couple of days and then it went into a state of consolidation and yesterday it closed at Rs. 585. The stock has been very volatile during the last one week.

Dish TV

Dish TV was also recommended on the same day at Rs. 107 as it seemed to have bottomed out at Rs. 104, the stock did move up and touched Rs. 113 but the move could not be sustained and it fell down again to Rs. 104 and made a second bottom and then it again moved up and again touched Rs. 113 level and again saw some consolidation. The stock will find a stiff resistance between Rs. 109 to Rs. 115 and once this level is crossed then the stock would rally to produce desired results. Yesterday it closed at Rs. 109.90.