Indian
Stock Market Trend :- My Dear visitor’s, News of the U.S. being
downgraded by s&p dragged Markets down across the globe. The
spotlight is now on the Federal Reserve’s policy-setting committee,
the FOMC which will meet today 9th August .
Investors will be looking for signs from the Fed if a third round of
quantitative easing or any other steps will be taken to ease monetary
policy further. so in view of above, tomorrow is a very crucial day.
as the U.S. Market will open at night, it is still very Difficult to
forecast the fate of tomorrow’s Indian Stock Market.
Intraday
Stock Tips For 10 August 2011
1.
COALINDIA (Coal India Ltd.):- Buy at 379,
Strict SL at 376, Intraday Target 382- 384-385 Short Term
Target of 450 Still valid.
2.
HINDALCO (Hindalco Industries Ltd.) :- Buy Preferably in Delivery
basis. Remember, Delivery basis does not mean that you have to hold
the stock unnecessarily even if you can book the profit. so book your
profit always- Buy at 147.95, Strict SL at 143.35, Intraday Target
148.95-151 Strong Resistance -153 Short Term Target 163-167.