Stock Future Recommendations and Trading Tips
by Aish Joshi Financial consultant, Technical analyst, Capital MNifty August Future was closed positive, Traders are now expecting bullish in September futures. According to market analysts September Series will remain in the range of 7400-7950 in the market. As Stock future tips given by Money Maker Research Auto sector stocks are looking profitable for investment. Traders should gradually start investment in Tata motors, Marutisuzuki and Tata Motors DVR.
Private sector banks are also giving a positive outlook, but the valuation is a bit expensive compared to the PSU banks. But private sector bank look good on asset quality and loan growth levels. In PSU banks traders may be invested in Bank of Baroda.
In telecom companies Idea Cellular (the target of Rs 180) and Bharti Airtel (10-15% faster) would be top pick, looking good for trading.
On the metals sector reform JSW Steel's shares could show good performance. Due to Supreme Court's decision on coal block allocation we will see much greater impact on JSPL and Hindalco. PSU banks to fund these companies will also pushed and these will have also increase NPAs. But Tata Steel and Sesa Sterlite can get a little relief
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Created on Dec 31st 1969 18:00. Viewed 0 times.