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Intraday Tips For Monday 25 July 2011

My Dear visitors’s, the Indian Stock Market today 22nd July perked up on the back of strong global cues and never looked back till the closing bell. Euro zone announced a second bailout package worth of 109 billion for the greece on thursday, which will reduce greek debt by 24 percent of GDP. Though the Stock Market rallied well today and may be it will continue for one or two more days, but the positive attitude of the Market will not last long and only above 5750 of Spot Nifty the stability of the market will be achieved. Now, the present characteristic of the Indian Stock Market clearly indicating, that most of the stock, even the fundamentally good stocks are also under the grip of Intraday and short term traders and hence on each up surge the prices of the stocks are pulled back for heavy profit booking. 

Intraday Stock Tips For Monday 25 July 2011

1. JISLJALEQS (Jain Irrigation Systems Ltd.) :- Buy at 170.35, Strict SL at 167, Intraday Target 171.40-172.45-173 Strong Resistance -174-175-178-180.

2. PETRONET (Petronet LNG Ltd.) :– Buy at 175.40, Strict SL at 171.30, Intraday Target 177-178.65 Strong Resistance -180.50.

3. GSPL (Gujarat State Petronet Ltd.) :– Only for risky Trader’s buy at 107.75, Strict SL at 103.40, Intraday Target 108.95-110 Strong Resistance -112-114-116-120.  

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Intraday Tips Updated at: 11:22 PM
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