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Intraday calls for 06-05-09

Posted on: Wednesday, May 6th 2009 and is filed under Intraday Tips, Daytrading, Intraday tips for free NSE BSE Breakouts Daily intraday tips calls.

Buy Reliance Power at 135.50, target: 140. Stoploss: 133 Buy Bharat Electronics above 1000, target: 1030. Stoploss: 990 (Please buy only above 1000) If markets show weakness later during the day, short sell: Reliance Industries. Please trade in small quantity as markets are likley to b...

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Market Review for 6th May 2009

Posted on: Tuesday, May 5th 2009 and is filed under Market Outlook.

BSE Sensex: (12131) the market has given a fine breakout from a consolidation trapping the shorts that should propel the Sensex to higher levels and the next logical target of 12569-12857 levels in the days to come…analysis remains the same…crucial support to watch is 12000 ...

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Volatile Sensex ends flat

Posted on: Tuesday, May 5th 2009 and is filed under Market News.

Following a solid 730-points, the Sensex this morning opened 25 points higher at 12,160. The index however soon slipped into red owing to profit-taking in early trades. The index, thereafter, swung between zones throughout the day as positive cues from global markets boosted sentiment, w...

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Buy CESC, target Rs 406: Angel Broking

Posted on: Tuesday, May 5th 2009 and is filed under Brokerage Recommendations.

Angel Broking has maintained its buy rating on CESC with a price target of Rs 406 in its May 4, 2009 research report. “We expect CESC to record a CAGR of 10.6% in top-line over FY2009-11, while bottom-line would post CAGR of 10.5% in the mentioned period. ...

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Accumulate KS Oils, target Rs 52: Angel Broking

Posted on: Tuesday, May 5th 2009 and is filed under Brokerage Recommendations.

Angel Broking has recommended an accumulate rating on KS Oils with a target price of Rs 52 in its May 4, 2009 research report. “The company’s profitability and margins are constantly improving on account of its increasing presence in the high-margin branded segment. ...

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Buy Bharat Electronics, target Rs 1230: Hem Securities

Posted on: Tuesday, May 5th 2009 and is filed under Brokerage Recommendations.

Hem Securities has recommended a buy rating on Bharat Electronics with a price target of Rs 1230 in its May 4, 2009 research report. “The company is presently trading at 9.47 times to its earnings of Rs 101.90 and 1.93 times to its book value of Rs 499.20. ...

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