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Saturday, July 2, 2011

Hot stock in india and Nifty Intraday Tips for july 4 2011

Nifty Intraday Tips and Hot stock in india for july 4 2011 ;
State Bank of India
Buy State Bank of India above 2423,
Target: 2435-2450, Stoploss: 2400.

Mahindra & Mahindra
Sell July futures below 679,
Target: 672-665, Stoploss: 687.

DLF Ltd.
Buy DLF above 221,
Target: 225-228, Stoploss: 215.

Hot Stocks For Monday (4th July '11)

Technical Overview
The stock has successfully taken support at lower levels and had an up rally previously, while it consolidated throughout this
week with negative biasness. Its next support is at 126, breach of this level may take the stock further downwards.

Resistance Support
135 126

State Bank of India
Technical Overview
STATE BANK OF INDIA remained positive all through last week and made weekly high of 2433. The stock now has support
level at 2379 and resistance level at 2433. One could go for buying on dip strategy in it till it crosses its support level at 2433.
Resistance Support
2433 2379

Source ; nifty-futures-tips.blogspot.com
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