Stock Recommendation for tomorrow 21 July 2011

FnO Tips for Tomorrow

Jindal Saw Ltd(Buy)
The company's performance has been good and there is an order backlog of $1 billion.

Jindal Saw Ltd(Hold)

The stock has support at 140 and resistance at 180. It is in a downtrend and can fall to lower levels.

Karuturi Global Ltd(Sell)

The stock has fallen from 40 levels to current levels suggesting the speculative nature of the counter.

Vijaya Bank(Hold )

The stock has support at 65 and resistance at 75. Hold with a stop loss of 63 for a target of 85-90.

Stock Recommendation for tomorrow 15 July

Hot Stocks to Buy Tomorrow

State Bank of India(Hold)
Medium-term trend for the stock is still down. The stock has been trading below its monthly supports. It offers resistance at 2500 levels and support at 2350 levels.

Suzlon Energy Ltd(Hold )

The stock is seen in a long-term consolidation trend. It offers support at 43 levels and resistance at 55 levels. Exit the stock when it reaches 75 levels.

ITC Ltd(Hold)

This is one of the best performing stock in the sector. Valuation for the company are a little bit higher. It has advantage due to its diverse product portfolio. Buy when the stock dips to 180 -185 levels and accumulate the stock.