Intraday
Stock Tips For 17 June
:- My Dear visitor’s, indian equity benchmarks slipped to three
weeks low in the late trade on Thursday 16th June post reports that
there would be monsoon deficit in the country. However there was a
bit of relief after clarification from meteorological department.
Even the fall in global markets on greek’s debt. Problems added
more pressure on indian equities. Much awaited event the R.B.I.
credit policy was declared today. As I expected, they have increased
the Repo and Reverse repo rates by 25 BPS Respectively. This is the
10th time in 15 months, R.B.I. hiked the interest rates and as per
the experts they are going to continue the process in near term in
the rest of financial year, which will definitely have some
detrimental effect on the market. So the conclusion is, now
keeping in mind the negative factors, we have to trade carefully for
the rest of the years or else the situation improves drastically.
DBREALTY
(D B Realty Ltd.) Strict Stoploss, Strong Resistance – 83.85-85.75
ACTION
PRICE STOP LOSS TARGET- 1 TARGET- 2
BUY
AT 78.15
74.05
80 81.95
SKSMICRO
(SKS Microfinance Ltd.) Strict Stoploss, Strong Resistance –369-372
ACTION
PRICE STOP LOSS TARGET- 1 TARGET- 2
BUY
AT 397.80 386.80 400.80 403.30
GITANJALI
( Gitanjali Gem Ltd.) Buy preferably on delivery basis, but if you
can make some reasonable profit, then book it and don’t hold the
stock unnecessarily. Short Term Target 320
ACTION PRICE STOP LOSS TARGET- 1 TARGET- 2
BUY
AT 115.50 292 298 300
Don’t
buy any Stocks in large quantities at a time.