Nifty Tips
Power Grid Corporation of India Ltd :- The company has a monopoly in the transmission business and the fact that many power projects are likely to go upstream in 2012-13 will benefit the company. It is a slow moving but defensive counter. Current Market Price (CMP) of the share is
Rs 97.15 Buy Above 98 TG-99-100 (Intraday) SL-95
Shree Renuka Sugars Ltd :- Sugar is a cyclical stock. Inflation is a big concern so sugar prices are not likely to rise in the short term. Current Market Price (CMP) of the share is Rs 95.25
Sell below 94.90 TG-93-92 (Intraday) SL-96.60
Dena Bank – Banking sectors are likely to boom up in coming year. Dena bank with good potential of holding can be taken to mint money. Hold Dena Bank for the target of 130 (Short Term)
Hero Honda Motors Ltd :- The royalty issue remains a concern going forward. Current Market Price (CMP) of the share is Rs 1,972.50. The Stock Is good for hold purpose..
Hold For The target of 2200.
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