Forthcoming election results can impact slightly on effective companies.
Corporate financial results and be cautious lot of negative news items on pending.
Spectrum scam goes to serious, Avoid 3G spectrum scam related shares and telecom stocks.
Petrol and Diesel price hike after post poll results, can rise oil stocks and focus now on futures.
Infosys under US scan: Visa frauds by Infosys technologies in Infosys technologies, be care in this counter.
BSE Sensex / SP NSE Nifty technical
CNX Nifty technical level is 5,500 to 6,000 points. BSE Sensex technical level is 18,000 to 20,000 for May 2011. If indices break these levels, be cautious.
Performance of recommendations
SKS Microfinance recommended in previous session, What a jackpot tip? Are you get money from this tip?
Paramount print mentioned on yesterday's hot stocks what happened today watch the price. Our aim is improve the accuracy of stock tips.
Short term recommendations
Jindal Cotex: Jindal Cotex Ltd (JCL) is a textile company of Jindal group.
Stock quoting now at Rs 98. Catch at current level with stop loss of Rs 95. Immediate target price is Rs 105 and hold for tomorrow target looks Rs 115.
Why Buy: Buying interest.
SKS Microfinance: SKS Microfinance is one of the largest and fastest growing Microfinance institution in India.
Stock quoting now at Rs 300. Buy at opening with stop loss of Rs 290. Immediate target price is Rs 350 to 370.
Why Buy: Companies earning and promoter group in stable position. Stock price fall due to woes of new reforms in micro-finance platform. Anyway new reforms can't destroy a well established company. Yesterday recommended, we renew today also.
Equity investment recommendation
Allied Digital Services: Allied Digital Services is a global managed IT solutions provider that helps to optimize and transform to end users.
Invest in this counter, buy small quantity from Rs 55 to Rs 60 level with stop loss of Rs 50. Price target is Rs 100 and above.
Reason to invest: See the price history fall from above Rs 200 to Rs 55 level. Well established company can release better results in future and stock price will also recover.
Stocks to watch today
Paramount Print, Mastek, Sobha developers, Acropetal tech, Glenmark pharma.
Why waste your hard cash to paid service? No analyst can provide 100% accurate service. Did you know ? Average successful rate of stock market tips is 60% to 70%. If any analyst / expert / share-broker / adviser / tips provider says above 75% accuracy stock tips with guarantee, Don't believe it. Start own research and analysis.
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Updated on: 11-May-2011, 1.30 PM.( can't update today pre market open)
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