Friday, December 12, 2008

Intraday Trading Calls for 12th December

Indian Stock Market may open Negative with gap down but some recovery expected from lower levels if IIP Numbers favors the market. So depends on IIP Numbers which is going to be announced today.

Today's Intraday Stock Tips / Trading Calls (Keep strict Stop Loss for Each Trade):

SCRIP NAME

TRIGGER

PRICE

TARGET 1

TARGET 2

VOLTAS

Buy Above

53.10

55.75

58.00

Sell Below

51.20

49.25

46.00

VIDEOCON INDUSTRIES

Buy Above

100.10

105.25

110.00

Sell Below

96.50

93.25

90.00

IVRCL INFRA

Buy Above

152.70

156.45

160.00

Sell Below

149.55

146.35

142.00

CAIRN INDIA

Buy Above

148.80

154.10

160.00

Sell Below

145.40

141.35

136.00

STATE TRADE CORP (STCI)

Buy Above

116.80

122.25

128.00

Sell Below

113.20

110.20

106.00

RENUKA SUGAR

Buy Above

58.20

60.75

64.00

Sell Below

55.70

53.20

51.00

RPOWER

Buy Above

119.20

122.30

126.00

Sell Below

116.70

113.25

110.00


Short to Med Term Delivery Buy:
VOLTAS (500575) CMP Rs. 52/- Target Rs. 75.
BLUE STAR (500067) CMP Rs. 132/- Target Rs. 160.

GOOD LUCK

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