Monday, October 26, 2009

Daily Tips

Trading Tips.


 Buy Bajaj Hindustan with target of Rs 250 and stop loss of Rs 230. The stock is currently trading at Rs 236.50, up 1.7% on the BSE. 


Hold GAIL with long-term target of Rs 450-500. The stock is currently trading at Rs 357.15, down 1.6% on the BSE


Buy ITC with target of Rs 280 and stop loss of Rs 240. The stock is currently trading at Rs 262.25, up 0.9% on the BSE. 


Sell Zee Entertainment with intra-day target of Rs 215 and stop loss of Rs 232. The stock 229.10, up 1% on the BSE.


Buy PNB with target of Rs 890 and stop loss of Rs 850. The stock is currently trading at Rs 864.50, up 0.03% on the BSE.


Buy MIC Electronics with intra-day target of Rs 55 and stop loss of Rs 47. The stock is currently trading at Rs 49.50, up 2.2% on the BSE


An hour into opening, the market is trading in the red and looking a bit weak having come under selling pressure. Sensex is trading at 16743, down 67 points from its previous close, and Nifty is at 4973, down 23 points. CNX Midcap index is down 1% and BSE Smallcapindex is down 0.7%. The market breadth is negative with advances at 408 against declines of 789 on the NSE. 

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