Tuesday, December 18, 2012

Trading Tips For Today: 18th Dec

Key equity indices were up slightly ahead of the Reserve Bank of India monetary policy review. It is widely expected that the central bank will keep policy rates unchanged and cut cash reserve ratio by 25 basis points to ease liquidity in the system. The Sensex was up 66 points at 19,310 and the Nifty was up 18 points at 5876. There was not much activity in small and midcap shares in early trade.

Trading Tips For Today:

  • BUY Navneet Publication (India) Ltd. for Intraday Target of 69 with a Stop Loss at 66
  • BUY Bharat Heavy Electricals Ltd. for Intraday Target of 230 and a Stop Loss at 216
  • BUY Pantaloon Retail (India) Ltd. with a Med Term Target of 290 and a Stop Loss at 210.
  • BUY Adani Enterprises Ltd. for Mid Term trading Target of 360 with a stop loss of 240

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