Monday, October 4, 2010

Select mid-cap stocks from the banking and mid-cap stocks from the shipping and power segment are having positive bias. Allahbad Bank, Vijaya Bank, PTC. GE Shipping is positive.

Technical Analysis

Sensex Intraday Support levels:
Support 20437-20387-20288 Resistance 20491-20532-20706
Nifty Intraday Support levels:
Support 6144-6121-6091 Resistance 6167-6206-6222
 

Sector & Stocks

Select mid-cap stocks from the banking and mid-cap stocks from the shipping and power segment are having positive bias. Allahbad Bank, Vijaya Bank, PTC. GE Shipping is positive.

1) Vijaya Bank LCP Rs.88.50 buy at Rs.88.50-86.50 stop loss Rs.82.50 target Rs.96 trading period 5 trading sessions.
2) On Moblie LCP Rs.382.35 buy at Rs.380 stop loss Rs.370 target Rs.395 trading period 4-5 trading sessions.

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The information contained and provided on this Website provides Investment advice for the education of investors. The posts are an information service only. Recommendations, opinions or suggestions are given with the understanding that readers acting on this information assume all risks involved. We do not assume any responsibility or liability resulting from the use of such information, judgment and opinions for Trading or Investment purposes.
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