Forthcoming election results can impact slightly on effective companies. Corporate financial results and be cautious lot of negative news items on pending.
BSE Sensex / SP NSE Nifty
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
Shriram transport finance mentioned in hot stocks, stock in limelight on Friday trading.
Our aim is be provide "best stock tips".
Short term picks
Deccan Chronicle Holdings: Deccan Chronicle Holdings is a daily English newspaper featuring news from India, world and entertainment, etc...
Stock quoting now at Rs 76.5. Buy at current level with stop loss of Rs 73. Immediate target price is Rs 85 to 90.
Why Buy: In previous trading session stock closed strongly with buying interest.
Medium term pick
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 60 to Rs 65 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 70 level. Well established company can release better results in future and stock price will also recover.
Active stocks
SKS Micro finance, OnMobile Global, Sun TV, Jet Airways, Kingfisher Airlines, Airline stocks, Telecom stocks and Real estate stocks.
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 / stock-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: 09-May-2011, 8.45 AM.