Stock Intraday Tips for today 24 May 2012

Free Stock Tips for Today 24 May, Free intraday Tips, Stock Trading Tips Today, Intraday tips for today 24 May, Stock tips for today  24 May, Intraday Tips free, Intraday tips India, Share Tips 24 May, Stock Intraday Tips, Nifty Futures, F&O Calls, Commodity Tips, Expiry range, Free stock Tips for Today 24 May, Intraday Tips 24 May, Intraday Trading Tips Free for Today:-
MORNING CALLS:-

• Buy Jubilant Food above 1172/- 1st Target 1198/- & 2nd Target 1220/- Stop Loss 1155/- ( Cash Intraday )
• Buy Ambuja Cem at 138 SL 136 Tgt 141, 
• Buy Bharat Forge at 312.70 SL 308 Tgt 319, 
• Sell Sesagoa at 178 SL 181 Tgt 173

Latest News about stocks :-

• If crude stays at $110/bbl, FY13 under-recoveries will be Rs 2lk cr
• Expect higher subsidy burden for Upstream cos going forward, Recommend keeping PSU OMCs as trading bets
• Rupee under pressure due to EU debt crisis, Dollar strength
• Petrol price hike a much needed move from Govt, Positive on PSU OMCs in the short-term
• Gap between petrol & diesel prices, raises artificial demand, Diesel under-recoveries at Rs 13.64/litre currently
• Currently no under-recoveries on petrol post hike, Under-recoveries on LPG is Rs 480/cylinder
• Need further hike of Rs 1.5/ltr in petrol prices to cover costs

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