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19 Apr 2009

Hot Stock Tips India | Infosys, Tata Steel | 20-24 Apr

1. TISCO showed an uptrend during the past week and thus one can consider the trend to be up till the time its support at Rs 250-Rs 233 remains intact. As astrategy one can buy near Rs 250 level. Stock has potential to target the levels of Rs 335-Rs 360. In case stock falls below Rs 249 level than it can fall to the level of Rs 240-Rs 207. One has to be careful while trading in this stock as stock is share charts are appearing to be over stretched.

Best Stock of India: Infosys

3. Infosys has strong resistance between Rs 1400-Rs 1450 and if stock is not able to move beyond the suggested levels than it can fall to level of Rs 1100 as market in medium term as market hasnot taken the results in positive spirit. If stock is not able to move above Rs 1400 than it can fall to Rs 1300-Rs 1256 in shorter time frame. If stock is able to move above Rs 1450 than it can go upto Rs 1492.

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