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Intraday Tips For Monday 27 June 2011

Intraday Tips For Monday 27 June 2011
Stock Market Trend For Monday 27 June :- My Dear visitor’s, after long time it was a great day 24th June for Indian Stock Market with a blockbuster rally. Positive Global cues, dip in Crude Oil prices and the deffered EGOM meeting on Fuel prices at Market hours were some of the major triggers for the market. Though some pullback rally was expected but the quantum was surprising.  But the rally should sustain at least up to the monthly F&O expiry. I still believe that above good news will only be Short liveD. Because sooner or later govt. Will increase the Fuel Oil as well as the domestic LPG prices, also another hike of interest rate hike by R.B.I. is inevitable.
Intraday Stock Tips For Monday 27 June :-
1. COALINDIA (Coal India Ltd.) – Buy at 390, Strict sl at 384, Intraday Target 394-397 Strong Resistance -399-405.

2. INDUSINDBK (IndusInd Bank Ltd.) – Buy at 266.30, Strict sl at 258.35, Intraday Target 268.30-271 Strong Resistance -273-275 Short Term Target Expected 300 Plus.

3. VIJAYABANK (Vijaya Bank Ltd. ) – Buy at CMP for an Intraday Target of 67-68-69, strict sl at 64.

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Intraday Tips Updated at: 3:14 PM
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