Friday, October 26, 2012
Stocks To Trade Today |Nifty Strategy
Nifty Strtaegy For Today :- Nifty began the new series on a subdued note led by losses in Hero MotoCorp Jindal Steel , HDFC and Sun Pharmaceuticals.Trend deciding levels for the day are 18,749 / 5,703 levels. If benchmarks trade above these levels during the first half-an-hour of trade then we may witness a further rally up to 18,799 - 18,840 / 5,721 - 5,736 levels. However, if they trade below 18,749 / 5,703 levels for the first half-an-hour of trade then it may correct up to 18,708 - 18,658 / 5,688 - 5,670 levels.
Stocks To Trade Today :- Adani Enterprises Ltd , after the board has approved infusion of additional funds in its subsidiary Adani Power and increase promoters' stake to 75 per cent from 68 per cent.
Oil India Ltd, after state-run company is in talks with Mozambique to pick up a stake in giant gas field Rovuma-1 after a proposed energy policy allowed stakeholders to ship out their share of gas.
Asian Paints Ltd after the company reported 14.6 per cent increase in consolidated net profit at Rs 239.2 crore for the second quarter ended September 30.
NMDC Ltd after the government approved 10 per cent stake sale in the iron ore mining major NMDC that could fetch the exchequer over Rs 7,000 crore.
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