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Stock Future tips

Buy Reliance Ind. Ltd
At – 1095.45
Tgt – 1109.10,1115.50
SL - 1092.25

Stocks Futures For Tomorrow

LIC Housing Finance Ltd - Hold
The company is likely to get a banking license. The company's results have been good and there has been a 63 per cent growth in net income.
The stock is forming lower tops and bottoms on the daily chart which is a sign of weakness in the short term. It has support at 1290-1235.

IFCI Ltd - Hold
The stock is showing weakness in the short term but there is a lot of investor confidence in the long term. Hold with a stop loss of 59 and a target of 100.The company might get a banking license and that is a trigger that can move the stock in the next 6 months to 1 year.

Reliance Natural Resources Ltd - Hold
The stock has no pattern on the charts. Hold with a stop loss of 35. Reliance Power has been consolidating between 190-135 and a breakout above 195 will provide momentum to the stock.The stock is being converted to Reliance Power from November 11. Reliance Power will start production from 2013. Long term hold.

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