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Thursday, February 14, 2008

LMW Updates……..

Buy Laxmi Machine Works (Bse Code : 500252) at 1960 target 4000 in 6 Months

Budget point of view buy for 15 days 20% upside looks feasible

LMW a textile machniery manufacturing co could be the largest beneficiary of the Budget which is just 2 weeks away. Whether marjet imprvoes or not this stock will fire on Budget sops. We expect the blue chip stock which has corrected without volumes will rise back to offer decent returns. It is one of the best investment opportunities.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Monday, Apr 14
04:31 Rightmove House Price Index (MoM) 1 1.4% 1.1%
12:00 Producer and Import Prices (YoY) 1 -0.1% -0.1%
12:00 Producer and Import Prices (MoM) 1 0.1% 0.2% 0.3%
17:30 OPEC Monthly Market Report 1
18:00 Wholesale Sales (MoM) 1 0.3% 0.4% 1.4% Revised from 1.2%
21:00 3-Month Bill Auction 1 4.175%
21:00 6-Month Bill Auction 1 4%
21:30 Fed's Barkin speech 2
22:30 Fed's Waller speech 2
Tuesday, Apr 15
01:30 Fed's Harker speech 2
Economic Calendar >> Add to your site

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