Bank nifty future made the strong come back from the lower levels & now looking strong for some more upmoves. In the upside it might moves towards the level of 11100 to 11110 which is the short term resistance zone for bank nifty future. decisive closing above this resistance zone may lead the bank nifty future for the level of 11500 in short term.
TALWALKER BUY 208.50 TGT 211/ 215 SL 205
CHAMPAL FERT FUT BUY 71 TGT 73/75 SL 68.50
BUY 75 CA@1.00 (1LOT) TGT/1.50/ 2.00 INVESMENT RS.4000. EXIT RS. 8000 = PROFIT RS. 4000 SL .0.80 LOSS. RS.800 TGT DATE 30.09.10
ESCORTS-BUY@201-TGT203/205/207SL198.50.
THE 250POINTS PLUS IN DOW DIGESTED BY BEARS AND
NIFTY NOT ABLE TO GO BEYOND 5514 ALSO CLOSED
JUST BELOW 5488. SO THE FOLLOWING LINES POSTED
YESTERDAY STILL VALID.
Jaiprakash Associates:
Shares of the company gained Rs 4.75, or 4.32%, to settle at Rs 114.70. It touched a high of Rs 114.90 and a low of Rs 111.50. Jaiprakash Associates
Jaiprakash Associates has reported a sales turnover of Rs 32.15 billion and a net profit of Rs 5.16 billion for the quarter ended Jun 2010. For the quarter ended Jun 2009 the sales turnover was Rs 21.17 billion and net profit was Rs 4.92 billion. One can expects more than Rs 60 billion from the cement division in FY11. There was a very strong demand in last two years in the northern part, especially because of Commonwealth Games. In the North, there has been some price moderation. If you compare from the peak of pricing in April and May, it is down by almost Rs 25-30 for each bag. That is more in the North and not spread in other parts of the country. We recommend to `Buy` this stock with price target of Rs 132 with medium term horizon
Bank nifty future made the strong come back from the lower levels & now looking strong for some more upmoves. In the upside it might moves towards the level of 11100 to 11110 which is the short term resistance zone for bank nifty future. decisive closing above this resistance zone may lead the bank nifty future for the level of 11500 in short term.
technical stocks have been recommended for intra-day trading on Sep. 03, 2010:
Uco Bank
Buy above Rs 120 for target of Rs 123-127 and stop loss of Rs 117.
NONSTOP RALLY TILL MARCH 2011: COME JOIN THE BIGGEST BULL PARTY OF THE CENTURY: