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14 Jun 2009

Intraday Trading Tips in ONGC and TISCO | 15-19 June

Free Indian Stock Market Tips: ONGC

1. One has to watch the level of Rs 1,100 in this oil major and presently trend of ONGC is positive from a medium term perspective. Stock has to cross the level of Rs 1,251 to be able to target the level of Rs 1,387. If you are a short-term investor than exit if the stock breaks the level of Rs 1,050 as thereafter the stock will fall to the level of Rs 960.

Stock Market tips in India: Tata Steel

2. Tisco is likely to show a move between Rs 400 -Rs 500 for a few more weeks and one need to exit this stock if the level of 399 is broken as stock can thereafter fall to the level of Rs 364-Rs 331-Rs 250. In case Tata steel is not able to move or sustain above 460 level than it can lead to new down trend in the stock.

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