1. Recap: GMR Infra gave a profit of Rs 850/-, GAIL gave a profit of Rs 800/- and Bank of India gave a profit of Rs 350/- per 100 shres bought as per the recommendation. Union bank of India did not reach the recommended price which was 158.75 and we can see the stock reversed from 158 levels.
2. Indian Market diary: Indian market lost the early gains and closed the day for 16 Apr with marginal gains. Day after i.e. 18 Apr being a holiday and thus it can be stated that people will lighten their portfolio by booking the profit. Thus market has to wait till monday for the real direction to be displayed. Nifty has to sustain above 4905 to show positive move to continue. However it will encounter resistance at 4971.
3. Strong Future Stocks:
Orchid Chemicals
Bombay Dyeing
Guj Alkalies
Essar Oil
Strides Arcolab
Patni computers
Arvind Mills
Chambal Fertilisers
BRFL
APIL
4. Weak Future Stocks
SAIL
ZEEL
Nagarjuna Fertilisers
Indian Bank
Patel Engineering
Ansal Infrastructures
Sobha developers
Unitech
Maharashtra Seamless
NALCO
5. Free Indian Day Trading Tips:
Buy GMR Infra>150.5,153.75,157.65 sl 148.8
Buy GAIl>456.1,461.00,467.00 sl 452
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Free Indian Profitable and researched stock tips:17 Apr
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