Cairn India Ltd. is in the oil exploration sector, this is one the high growth sector. But in case of CAIRN we feel that there is much more correction left from the current levels. The technical analysis suggests that some correction is likely to enter into this stock. So our advice is to enter short positions below 330 and we are now looking for short opportunities at every up move our profit ... [Continue Reading]
Infrastructure Spending may Boost IDFC Revenues: Short term Strategy Buy on Lower Levels
IDFC is amongst the leading infrastructure finance companies, and it was listed on NSE on 12 August 2005, since then the company was responsible for funding the large number of infrastructure projects in the country. IDFC also was one of major company to get beaten by the recession of the year 2008. Also this year (2011) is still not good for the company and we have seen the stock has entered the ... [Continue Reading]
Short Term Trading Stock: BUY Reliance Industries Today for Target as 878 Level
India's largest private sector company Reliance Industries Ltd., started by Dhirubhai Ambani. This company since its listing has gone through many bonus shares, regular dividends, De-mergers, acquisitions, stock splits we are sure that this company has made many people richer in last 2 decades. Also its constant strong growth has surprised many analysts across the globe. The Reliance stock is most ... [Continue Reading]
Reliance Power is High Potential Power Stock: Very Attractive at Current Levels, Buy on Dips
Reliance power IPO hit the markets on December 2007 and the stock got listed on all major stock exchanges on 11 February 2008. Since the listing we have seen the stock has declined significantly, as this period was of recession. Huge selling pressure was seen in the RPOWER stock, it has declined from 330 levels to 82 during this period. Also this week the stock has made a new all time low as it ... [Continue Reading]
State Bank of India is Trending Down: Short term Trading Strategy, Short Sell SBIN for Target 1818
State Bank of India Ltd. is largest nationalized bank in India, having more than 26,500 branches across the country and about 137 branches abroad, also it has more than 25,000 ATMs, however SBI Group has more than 45,000 ATMs. So we can see how big this bank is, it has more than 200,000 employees. State bank of India was listed on NSE on 1 March 1995 and after the listing the company has given ... [Continue Reading]
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