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6 Sep 2009

BSE NSE Tips which Produce Money for Tisco and SBI | 07-11 Sep


Tisco has key short-term supports at Rs 410-Rs 389-374. If the stock remains above Rs 411 than it can target level of Rs 440-Rs 460. One can be positive for the stock in the medium term and can thus be invested in the stock for the target of Rs 500-Rs 570-Rs 650 in the medium term. However exit all longs if the level of Rs 374 is broken on the lower side.

State Bank of India has been moving range bound and is showing an indecisive state. However as an advice one can remain away from the stock till the time its trend is not clear. SBI is likely to witness resistance at Rs 1,800- Rs 1,900. All long investors in this stock must exit if it breaks the level of Rs 1499.


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