Stock Market

As of now, I can recommend easily a buy but I would be little bit cautious of buying only above 208 or 209. Over there, it will get a good trigger because that is a time where the stock has faced some resistance. So once it takes out 208-209 zone with a good volume, you can definitely look for 220 and keep a stop loss of 200.

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Nirmal Bang is of the view that traders can expect a sharp rally in Reliance Industries once the stock moves above Rs 1064.

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The stock of mid-tier IT solutions provider Zylog Systems has outperformed the ET Infotech Index in the past one year.

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“We believe that this is a stock, which has been hampered because of some liquidity issues in the past but as we see some more activity and attractiveness build-up in this stock, this should also start looking up for investors.”

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ING Vysya Bank is definitely a clear candidate wherein you will see that you will see higher levels in this particular stock.

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One can use this particular dip to be bullish into this stock but if you look at the Nifty futures, generally you will see that once the Nifty starts giving away, everything else around it just collapses.

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Hero Honda would continue to remain sideways and if I were to really go long in Hero Honda, then I would be looking out for levels of 1870. The stock is trading above 1870 with good volumes, only then I would considering entering this stock.

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Those who have been holding on to this stock for a long time, it has been a bit of a underperformer if you see in the last 1-1.5 years. So I think this is an opportunity for people to in fact book out to a certain extent.

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I think the stock has not done well at all but clearly the fundamentals are very good and one stock available at a very good valuation.

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Aditya Birla Money is of the view that charts of Indiabulls Real Estate indicate that both the long and short term trend for the stock is up. It expects a target of Rs 260 on the stock.

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