Wednesday, July 20, 2011

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.

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