Better trades for the day - Feb 1 2011

Commodity cues

US crude oil ended lower on Tuesday on some weak US economic data and a strengthening dollar.

Events for the day:

Import & Export data.

Monthly auto sales & cement dispatches figures.

Results: Ashok Leyland, Uco Bank, Satyam, RCF.



Stock in news:

Infosys to invest Rs600 crore in Indore facility.

Oil PSUs cut ATF prices by over 3%.

Finance Ministry unveils comparative sovereign ratings index.

RBI to buy government securities worth Rs10,000 crore.

State Bank of India ( SBI), rivals seek funds from strapped government.

DoT issues notices to 5 telcos for under-reporting revenue

For more stocks in news…. Click Here:

Today’s Intraday calls:

Ashish Verma says, SELL IDBI Bank @ Rs101.4 with a target of Rs98 and stop loss of Rs102.9, on CNBC Awaaz.

Rohit says, BUY Reliance Capital @ Rs359.9 with a target of Rs367 and stop loss of Rs356, on CNBC Awaaz.

Ashish Verma says, BUY Jet Airways (India) @ Rs250.25 with a target of Rs257 and stop loss of Rs246, on CNBC Awaaz.

Rohit says, BUY Spicejet @ Rs21.15 with a target of Rs21.6 and stop loss of Rs20.9, on CNBC Awaaz.

Ashish Verma says, BUY Kale Consultants @ Rs143.95 with a target of Rs150 and stop loss of Rs141.5, on CNBC Awaaz.