Friday, July 6, 2012
Intraday Tips |Stock market Rangbound session Today
Stock Market Rang-bound Session :- Today stock market indices showing rangbound session today with negative bias due to policy actions taken by China, Europe and Britain to loosen monetary policy.Yesterday stock market had the profit trading session and now nifty expected to head higher till 5350 with support around 5298 in the short term. 5350 would act as a key resistance in the immediate run.
Intraday tips for today :- Shree Renuka Sugars Ltd is a 'BUY' call with a target of Rs 40 and a stop loss of Rs 32.
Dena Bank is a 'BUY' call with a target of Rs 110 and a stop loss of Rs 97.50.
STC INDIA is buy call with a target of 290 and a stop loss of 280.50.
Power Finance Corporation Ltd is a 'BUY' call with a target of Rs 195 and a stop loss of Rs 180.