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Intraday Tips For 15th June 2011


Intraday Stock Tips For 15 June :- My Dear visitor’s, today 14th June Indian equity benchmarks closed with some moderate gain, following positive global cues. The market had erased some gains due to higher than expected inflation numbers during the day but in the last couple of hours, IT Managed to Recover those losses. Market is now waiting for some direction from the R.B.I. Monetary policy, which is scheduled on june 16th.  I feel that R.B.I. may go with 25 basis points hike in repo and reverse repo rates. If R.B.I. is limit the said hike within the said limit, it’s still ok. increment of 50 basis points or more will have a detrimental effect on the Stock Market.

LOVABLE (Lovable Lingerie Ltd.) Strict Stoploss, Strong Resistance – 419-424-430-435
ACTION  PRICE  STOP LOSS  TARGET- 1  TARGET- 2 
BUY AT   412.65          405             416.65               N/A     

SKSMICRO (SKS Microfinance Ltd.) Strict Stoploss, Strong Resistance –369-372
ACTION   PRICE  STOP LOSS  TARGET- 1  TARGET- 2 
BUY AT    360.80        360.80          363.80          366.40   

ESSARPORTS ( Essar Ports Ltd..) Strict Stoploss, Strong Resistance – 120.10-122-124
ACTION  PRICE  STOP LOSS  TARGET- 1  TARGET- 2 
BUY AT   115.50          112             116.65              118       

Don’t buy any Stocks in large quantities at a time.

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Intraday Tips Updated at: 10:55 PM
 
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