BUY - ZEEL FUTURE At Price – 303.35 , 305.85 SL=296.45
BUY - RANBAXY FUTURE At Price - 454.30 , 456.80 SL=550.20
BUY - RANBAXY FUTURE At Price - 454.30 , 456.80 SL=550.20
SAMRUDDHI CEMENT
Samruddhi cement trading in a sideways trend for a while with a positive bias. So a decisive move above the level of 482 will show a level of 500 in the short run. So a long position can be initiate with the stop loss of 465.
INDIA CEMENT
India cement in today`s session continue its long term bearish mode and made a new low. The stock has immediate support level of 101 below which the next support level of 97 will be tested.
JP ASSOCIATE
Jp associate trading in a sideways trend for a while with a negative bias. The stock is very weak currently. The stock has immediate support level of116 below which some more downside may be seen. A medium to long term position can be there in the stock with the target of 150 in 6-8 months.
ICICI expects a credit growth of 20 per cent in this fiscal on the back of improving loan demand in the retail, small and medium enterprise and corporate portfolios. "The domestic loan growth in the FY11 is expected to be 20 per cent but the total growth, which includes international loans, will be around 15 per cent," Kochhar said.
