Intraday Tips For Tomorrow 01-Jun

Sterlite Industries (India) Ltd.
CMP : 171.60
Buy above 172 for Target of Rs 175-177-178 and Stoploss of Rs 169.40.

Tata Global Beverages Ltd.
CMP : 87.50
Buy above 88 for Target of Rs 90-91-92 and Stoploss of Rs 86.50.

Suzlon Energy Ltd.
CMP : 53.90
Buy above 54.25 for Target of Rs 55.50-56.50-57.30 and Stoploss of Rs 53.

Continue reading →

Stock Market Forecast For Tomorrow 01-Jun

It was a cheerful day Indian Stock Markets. Markets closed with handsome gains today and Nifty broke its psychological level of 5500. Market has crossed its major resistance levels and has come in uptrend. If market continue its uptrend above 5550 level then Nifty may head to 5750 levels in coming trading sessions. Traders may create long positions in Nifty and hold them till the trend remains up.

For intraday trading tomorrow (01-Jun) if Nifty shows strength above 5,550 levels, then rally to 5,600/5,640/5,675 levels may be seen. On the down side if Nifty does not show strength above 5,550 levels then selling pressure till 5,500/5,470/5,430 may also be seen.

Continue reading →

Stock Recommendations, Best Stocks To Buy

Havells India Ltd (Buy)
CMP : 409.40

It is a good mid-cap momentum play. Restructuring benefits will help the company and ECD is likely to drive revenues. Buy it for mid-term period with target of Rs 480.

Ipca Laboratories Ltd (Buy)
CMP : 333.35
The company reported 40 per cent growth in revenues and 66 per cent growth in profits. Domestic business has been soft but that has been made up by export formulation side that contributed over 70 per cent to the revenues. Buy it for target of Rs 415.

Ask to Expert For Any Query

Continue reading →

Intraday Tips For Tomorrow 31-May

Cipla Ltd. (Exit @ 330 with loss of Rs. 2.50)
CMP : 329.55
Buy above 332 for Target of Rs 337-340-344 and Stoploss of Rs 327.

Bhushan Steel Ltd. (Two TGTs Hit)
CMP : 445.60
Buy above 448 for Target of Rs 455-459-464 and Stoploss of Rs 443.

Aanjaneya Lifecare Ltd. (All TGTs Hit)
CMP : 318.75
Buy on dips for Target of Rs 321-324-326 and Stoploss of Rs 314.

Continue reading →

Nifty Futures & Bank Nifty Futures Tips

Nifty Futures
Sell Nifty Futures below Rs 5,440 for target of Rs 5,410-5,385 and stop loss of below Rs 5,470.

Bank Nifty Futures
Buy Bank Nifty Futures above Rs 10,745 for target of Rs 10,785-10,830 and stop loss below of Rs 10,710.

Continue reading →