STOCK TIPS FOR TOMORROW
Idea Cellular Ltd(Hold)
The stock has been an outperformer in the telecom sector. It rose 20 per cent from its lows when the Sensex was in a downfall. In the past two quarters, the company has beaten Bharti and some other large operators in terms of revenue growth.
Petronet LNG Ltd(Hold)
The daily and weekly structures are positive. On the upside, immediate resistance is at 144 - 146. If the stock manages to close above 146 levels, it may test 156 - 165 levels. Hold with a stop loss of 138.
Aurobindo Pharma Ltd(Sell)
Aurobindo Pharma Ltd(Sell)
The stock is trading sideways after a sharp downfall. At present, there are no clear patterns on the daily chart which suggest a breakout or a breakdown. If the counter closes below 170 then it may test 165 - 160 levels. Exit the stock at current levels and wait for clear pattern to emerge to go long on it.
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