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INTRADAY STOCK TIPS FOR TODAY

Stock Intraday Tips 1 September

SCRIB        ACTION     TRIGGER PRICE    STOP LOSS    TARGET-1    TARGET-2
 ABAN      BUY ABOVE         784                     776              800         850  


ABAN Technical View

Aban offshore is looking weak on charts and has closed below 780 levels, now it may continue to move downwards to 720, if it continues to trade below 800 levels, so selling on rise will be good strategy in this stock.


SCRIB          ACTION     TRIGGER PRICE   STOP LOSS   TARGET-1  TARGET-2
RANBAXY   BUY ABOVE          491.52            487              498        508  

RANBAXY Technical View

Ranbaxy is trading in sideways trend with the positive bias. The stock has immediate support at the level of 486 and resistance at the level of 495 above which the stock may show upside of 500+ in the short run.


SCRIB              ACTION    TRIGGER PRICE  STOP LOSS   TARGET-1  TARGET-2
TATAMOTORS  BUY ABOVE       1014                 994            1019        1030  


TATA MOTORS

The Stock hold the bullish trend but currently consolidating. It faces resistence 1025. Crossing of this levels may take up the stock till the levels of 1050 in near term with strong support at 980. One should go for buying on dip strategy.

      Posted by:     
Intraday Tips Updated at: 1:09 AM

INDIAN STOCK MARKET

31st Aug. 2010 : Indain Market will remain volatile till October 2010 ( Till Diwali). Sentimental Support of 5420 should be sustained (then you can see 5460-5500++), or esle downside 5380–5345 can be seen occasionally. Breaking of 5345 can take the Market Down up to 5280–5200 . Now our Market is totally dependent upon the FII's and of course upon Global cues till Octomber. Market will be volatile till Octomber 2010. So in the perspective of above use own money to buy the STOCK & Book Profit at your eartlest.


      Posted by:     
Intraday Tips Updated at: 1:23 AM
 
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