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17 Dec 2008

Indian Market Grapevine for Bluechip stocks: Reliance, Infosys, ACC, TISCO, SBI

1. One can buy ONGC with a target of Rs 745 with stop loss Rs 670 . The target should be used to book profit.

2. One can buy Reliance Industries which can achieve target of Rs 1440-1460.

3. ACC can be bought with a target of Rs 550 and if this level is crossed one will see it achieving target of Rs 575-580.

4. One can buy Tata Steel for a target of Rs 300 and this level be used for booking profit. However maintain stop loss as Rs 200.

5. SBI is a good stock and one can buy this stock on dips with a target of Rs 1300-1350 and stop loss of Rs 1180.

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