Financial results and be cautious lot of negative news items on pending.
2G Spectrum scam goes very seriously, Avoid 2G spectrum scam related companies and telecom stocks.
After Petrol price hike, Diesel and LPG Gas cylinder prices also considering to hike, focus on oil and gas stocks.
World markets trading in negative trend today, be play with lot of care.
BSE Sensex - NSE Nifty technical:
CNX Nifty technical level is 5,200 to 5,700 points for May 2011.
BSE Sensex technical level is 17,000 to 19,000 points for May 2011.
If indices break these levels, be cautious. Stock Markets outlook is bearish globally.
Research Tips Performance
Yesterday recommended Shalimar paints jumped due to short cover, Be a seller in this counter for sure gains. Touched the intraday low Rs 488 also.
Magma Fincorp Limited: Magma Fincorp is a leading retail asset finance company in India, focus on rural and semi urban consumer market.
Stock trading price is 75. Buy at current market price with stop loss of Rs 72 for the immediate target Rs 85 and above. Best technical pick of day, Catch this pick to get immediate gains.
Bajaj Electricals: BEL provides wide range of electrical home appliances solutions in India.
Stock trading price is 237. Must Buy at current market price with stop loss of Rs 230 for the immediate target Rs 260 and above. Best pick of day, Catch this pick if you can to get immediate profit.
Sanghvi Forging and Engineering: Gujarat based manufacturer and exporter of Forgings products. New listed IPO company, raised Rs 36.90 crore through its initial public offer.
NSE Stock trading price at 112. Must Buy at current market price with stop loss of Rs 105 for the immediate target Rs 125 to 130. Technical tip, not for investment purpose. Closed very strongly with short cover.
Shalimar Paints: India's oldest paint company based in Mumbai. The company engaged in manufacturing and marketing of paints for industrial and domestic use.
Stock trading at Rs 570. Sell it at current market price with strict stop loss of Rs 590 when market opening. Immediate target price is below Rs 500. Recommended to short on yesterday, we renew this call. Wait and see the sudden fall.
Hot stocks
Kopran, Sun TV, Smartlink, Aurobindo Pharma, Madras Fertilisers, Sesa Goa, Sasken Communication, Hotel Leela, IOC, Vascon Engineers, KS Oils, PTC, BHEL, Unitech, Titan Industries and Biocon.
Sugar Stocks Outlook - Special Story
All sugar sector equity shares trading lower level, except some picks like EID Parry.
What is is the future of Sugar Stocks ?. No expert can say accurately.
Did you Know ? Averagely every Indian consumes 20 kg sugar per year, through sweet products and drinks. In India, Sugar companies producing 2500 crore metric tons sugar per year. Highest consuming is the biggest advantage for Sugar industry.
What are drawbacks to Sugar sector ? Price increase directly effects inflation, so can't increase price easily by Sugar companies. If any lack of supply, Government eases import duty to import sugar, this will dump sugar companies gains. Govt of India's policy is the key to make any investment decision in Sugar sector stocks.
What is Outlook? No expert can predict accurately due to unstable govt policy. If you want to invest in Sugar stocks, buy at dips with small exposure, demand can create your investment sweetly.
How do find multibaggers with simple method ? Read Tomorrow...
Update on: [ Tuesday, 24-May-2011, 8.45 AM ].