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Tuesday, November 08, 2011

News that you can use - Nov 8 2011


Crude Oil prices rose on Monday on elevated concerns about Iran's nuclear program and on hopes that a new Greek government will allow Europe to contain its debt crisis.

Stock in news:

No word from government on petrol price hike rollback: Hindustan Petroleum Corporation Limited ( HPCL).

Maruti's Manesar workers apply for re-registration of union..

NTPC to raise capacity to 128,000MW by 2032.



Today’s Intraday calls:

Anil Singhvi, Technical Analyst says, BUY ONGC @ Rs276.8 with a target of Rs.290 and stop loss of Rs.274, on CNBC Awaaz.

Pradeep Pandya says, BUY JSW Steel @ Rs711.55 with a target of Rs.740 and stop loss of Rs.698, on CNBC Awaaz.

Anil Singhvi, Technical Analyst says, BUY Future Capital Holdings @ Rs151.45 with a target of Rs.157 and stop loss of Rs.149, on CNBC Awaaz.

Anil Singhvi, Technical Analyst says, BUY Indian Overseas Bank @ Rs101.9 with a target of Rs.110 and stop loss of Rs.100, on CNBC Awaaz.

Pradeep Pandya says, BUY Axis Bank @ Rs1128.5 with a target of Rs.1175 and stop loss of Rs.1115, on CNBC Awaaz.