Stock Trading Ideas – 21 October 2011
Posted by Stock Market Guru on 20 October, 2011
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This item was filled under [ Market Guide, Trading Calls ]
- Dhanlaxmi Bank Profit up at Rs. 4.35 cr
- IDBI Bank posted above expectation result and having net up 20% and expected was 10% down.
- Yes bank Non Interest Income helped to post 33% up in PAT
Trading Ideas
- Buy IDBI with short term target of 112-114 with SL at 102
- Buy DhanLaxmi Bank for Target Price of 70-71.4
- Buy M&M Financial for immediate 5% gain
- Buy and Hold Muthoot Finance for 9-10% gain holding 9-10 days.
Morning Updates
- Market trading in green with minor 15-20 points gain in Nifty
- IRB Below 160 mark. I suggest you to add more in this. No need to put any SL and keep buying on every 5% drops.
- Reliance is trading high with 1% gain.
- GOLD is trading higher though there was a big crash in Dollar term. But due to rupee Depreciation in terms of dollar. Dollar lost about 3-4% from high in dollar but rupee lost around 3-4% against dollar.
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