Stock for intraday trading: Sell HDIL @ 172.3 for target 170 and 168 place protective stop loss at 173.6. At CMP of 172.3 it is already trading negative by more than 1.5%, and is more likely to be bearish today, So it seems to attract more sellers in this stock. The volume is also high with entire reality sector trading in red on NSE. Technical indicators are also confirming the downward momentum ... [Continue Reading]
Intraday Stock For 28 April 2011: Buy COALINDIA At 376, Target 381
Stock for intraday trading: Buy Coal India Ltd. (COALINDIA) @ 376 for target 381 and 385 place protective stop loss at 372. At CMP of 376 it is already trading positive by more than 1.5%, and is more likely to be bullish today, So it seems to attract more buyers in this stock. The volume states that fresh long positions are built today with stock touching fresh 52 week high at 379.8 on NSE. ... [Continue Reading]
Intraday Stock For 15 April 2011: Sell INFOSYSTCH At 3035, Target 2965
Stock for intraday trading: Sell Infosys Technologies Limited (INFOSYSTCH) @ 3035 for target 2997 and 2965 place protective stop loss at 3063. As soon as the Q4 result was declared we have seen the panic selling in this stock. At CMP of 3035 it is already trading very negative by more than 8%, and is more likely to be bearish today, So it seems to attract more sellers in this counter. The open ... [Continue Reading]
Intraday Stock For 11 April 2011: Buy IBREALEST At 142, Target 145.3
Stock for intraday trading on 11 April 2011: Buy India Bulls Real estate Limited (IBREALEST) @ 142 for target: 143.8 and 145.3, place protective stop loss at 140.6. We see good supportive buying interest hence pushing this stock higher. At CMP(current market price) 142 it is already trading in positive zone by more than 1.5%, and is more likely to be bullish today, So it seems to attract more ... [Continue Reading]
Intraday Stock For 29 March 2011: Buy MPHASIS At 427, Target 437
Stock for intraday trading: Buy MPHASIS Limited (MPHASIS) @ 427 for target: 432.5 and 437, place protective stop loss at 422.9. We see good supportive buying interest hence pushing this stock higher. At CMP 427 it is already trading in positive zone by more than 6%, and is more likely to be bullish today, So it seems to attract more buying interest in this counter. Stock is trading with good ... [Continue Reading]
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