Markets
are now awaiting the release of GDP for further cues for trading. The range of
rupee for today is seen between 61.75-62.30/USD," he added.CapitalHeight’s stock recommendation for
28/02/2014 is ITC Ltd. It has been consolidating from last few months. Its long
term trend is up. In today’s trading session, it was up by 2%. On the daily
chart, made a long white candlestick pattern and has given trendline breakout
with good volume. Momentum indicator stochastic is also trading in positive
territory. All the indicators are suggesting that the stock can see some upside
movement in coming days. Its short term support level is at 305. One can go for
long position in this stock above 332. The stock may test level of 355 in
coming days.
Our recommendation on ITC is LONG above 332 for the Target of 338-346.
Today Stock Case
Tips:
BUY AURO PHARMA (LCP- 512.3) ABOVE 514 TG-517-521
BUY FINOLEX (LCP 194.4) ABOVE 195 TG-197.5-201
BUY POLARIS (LCP 164.45) ABOVE 165 TG-168-172
BUY AJANTA PHARMA(LCP-1020.5) ABOVE 1022 TG-1030-1040
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