Global indices in negative trend, Indian markets also under bear control.
SEBI barred companies: Asahi Infra, IKF Tech, Avon Corp, K Sera Sera, CAT Tech, Maars Software, Cals Refineries. Avoid these scrips immediately.
Outlook is bearish and volatile. We continuously recommended to avoid long. But one-thing must buy value scrips at lower level systematically to get short term gains.
Telecom scam, Promoter holding pledge, Alleged Mining, IT raids are most active news now.
Worst topics: Global financial crises, Rising Inflation, World economy slow down, Crude volatility, Rising bank rates, etc. CBI investigations in many corporate houses, shares of these companies in news.
BSE SENSEX - NSE NIFTY
| Index | Support | Resistance | Trend | Month |
|---|---|---|---|---|
| NSE NIFTY | 4500 | 5250 | Bearish | September 2011 |
| BSE SENSEX | 15000 | 17500 | Bearish | September 2011 |
Stock Market Advice
Did you know? above 90% of day traders loss their wealth in margin trading, please don't join in this list.
Performance of Tips
Alfa Laval, CCL Products, K S Oils, Axis bank, Shalimar Paints, Tata Investment Corporation, Axis IT, SKS Microfinance, Bajaj Finserve, Reliance capital...recently recommended scrips. Provider of free tips but paid performance.
.
Most of recommended securities for investing, Intraday, BTST performing well. See the previous posts to know the past performance of recommendations.
Stock Investing - Intraday Stock Trading and Strategy
HOV Services Limited
HOV Services is a publicly quoted business process outsourcing company.
Stock price now Rs. 60.
Buy with stop loss of Rs. 58.
Target price is 65 to 70.
This is pure intraday stock pick. Book profit at higher level.
Gravita India Limited
Gravita India is flagship company of Gravita group manufacturers and suppliers of Lead products.
Share price - Rs. 420.
Sell with stop loss of Rs. 430.
Price target is 400 to 380.
This is pure intraday trading idea. Book profit at lower level. Follow strict stop loss.
Strong resistance at 430 to 440 level.
Update on 22-Sep-2011 before Indian stock exchange open.