Wednesday, July 13, 2011

Stock Recommendations for tomorrow 14 July

NIFTY TIPS FOR TOMORROW


Tata Motors Ltd(Hold)
The stock looks good around 1,000 levels. The performance of Jaguar Land Rover is a big positive for the company. If the RBI does not raise key rates further, it will give a big boost to the stock.

Tata Steel Ltd(Hold)
The stock is not an outperformer in the market. It is likely to reach the four figure mark when it crosses 700 levels . Hold it with a stop loss of 495.

Escorts Ltd(Sell)
The stock has been in a downtrend. It has declined from 240 levels from last September to current levels of around 100. Sell the stock as it displays clear negative divergence.

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