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]
Intraday Stock Trading For 22 March 2011: Buy SRTRANSFIN At 767, Target 776.5
Stock for intraday trading: Buy Shriram Transport Finance Company Limited (SRTRANSFIN) @ 767 for target: 776.5 and 785, place protective stop loss at 760. We see good supportive buying interest hence pushing this stock higher. At CMP (current market price) 767 it is already trading higher by more than 3.5%, and is more likely to be bullish today, So it seems to attract more buying interest in this ... [Continue Reading]
Intraday Stock For 15 March 2011: Sell HDIL At 160.25, Target 156.5
Stock for intraday trading: Sell HDIL @ 160.25 for target: 158.2 and 156.5, place protective stop loss at 161.7. We see selling pressure pulling this stock down as it is already trading in negative more than 3.5%, and is more likely to be bearish today, This is also trading with good volumes. Technical indicators are confirming the bearish and in favor of trade, HDIL stock. ... [Continue Reading]