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INTRADAY TIPS TIPS / CALLS 13 JAN 2011


Intraday Stock Tips 13 January
SBI (State Bank of India)

ACTION  TRIGGER PRICE  STOP LOSS  TARGET 1  TARGET 2 
BUY AT           2669.70            2631          2708         2740 

SBI Technical View 13 Jan 2011
The stock had a robust recovery in today's trading session. It has next resistance at 2715 while has support at 2535; one has to wait for crossing of levels on either side.
RESISTANCE – 2715, SUPPORT - 2535

L&T (Larsen & Toubro Ltd)
ACTION  TRIGGER PRICE  STOP LOSS  TARGET 1  TARGET 2 
SELL AT           1760               1785            1735         1716 

L&T Technical View 13 Jan 2011
After breaking the support of 1915 L&T is continuously moving in a downward trend in today's trading session it was moving sideways form this level either side of movement would be expected. It is taking support at 1728 below this level further downside movement would be expected else it has resistance at 1814 above this level it would be in an upward trend.
RESISTANCE – 1814 , SUPPORT - 1728
STER ( Sterlite Industries Limited )
 ACTION  TRIGGER PRICE  STOP LOSS  TARGET 1  TARGET 2 
BUY ABOVE        184                 180             186            191 
STER Technical View 13 Jan 2011
The stock had tried to take resistance at higher levels and then was moving in a down rally from past few days while today it tried to take support at lower levels and gained up to 4.20%.
RESISTANCE – 187 , SUPPORT - 165  

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Intraday Tips Updated at: 12:22 AM
 
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