Stock Future tips
Buy Reliance Ind. LtdAt – 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.
Click here to all stock tips , stock future tips, stock option tips, nifty future tips, nifty trend.
