NIFTY OUTLOOK: Today both big benchmark indices ended the session on a positive note. Few strong sentiments that guided markets to hit peaks today remianed, hectic buying in interest rate sensitive bank, realty and automobile sectors, central bank's decision to cut CRR by 25 basis points.
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| SBI |
State Bank Of India : State Bank of India closed the day at Rs 2,076.15, up Rs 105.60, or 5.36%. State Bank of India closed the day at Rs 2,076.15, up Rs 105.60, or 5.36%. Foriegn investors are buying more on bankin g stocks. the prices are down and buying has increased by them , its a plan. Bank stocks will reach its peak on 16 /17 and buying till that date is a wise decision.
Short Term Technical Tips (Duration: 1-2 Months)
1) Century Textiles : Buy between 350-355 Target1- 375 Target2- 385 Stop Loss- 325.
2) DLF : Buy between 209-212 Target1- 228 Target2- 235 Stop Loss- 200.
3) Havells India : Buy between 575-580 Target- 620 Stop Loss- 549.
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