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5 Apr 2009

Intraday stock tips in Indian Shares: ONGC, Infosys | 06- 10 Apr

Intraday Share Advice ONGC
1. ONGC is trading above its immediate resistance at Rs 820 and thus if the stock is able to trade above this level than it can target the level of Rs 925-950. One can be positive on the stock till the time stock is tarding above the level of Rs 819.

Intraday Stock Advise Infosys
2. Infosys has a strong resistance near Rs 1,451 which is also its 200-day moving average. As a strategy for short term in this Indian stock one can hold its long positions in this share with a stop at Rs 1,340 as a close below this level means that stock can fall to Rs 1,288.

3. Infosys can targte the level of Rs 1,500 in edium term and if stock moves above it than it can target level of Rs 1,580 and Rs 1,650 for Infosys.

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