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18 Sept 2008

Online stock trading tips for TISCO and SBI

1. Tata Steel is a stock which is giving better picture than Jindal Steel in present scenario.

2. Tata Steel enjoys a comfortable support near the zone of Rs 450-430. In case these supports are held one may see a pull back rally in the stock which can take the stock to the levels of Rs 550-575.

3. As a matter of caution the outlook for long term for this stock depends on the global demand.

4. SBI is presently struck in a range and is showing some signs of strength.

5. SBI enjoys support at the level of Rs 1,405.

6. SBI faces resistance at the level of Rs 1,611 and in case this resistance is surpasssed with volume than stock has the potential to give a huge upswing which can come as a big surprise for the traders.

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