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Stock Tips for today, Aug 1, 2011: Buy Sesa Goa

Stock Tips for today, Aug 1, 2011: Buy Sesa Goa
The stocks are expected to witness a rally today, keeping this in mind, the experts have suggested the following set of stocks.

Sharetipsinfo has suggested for positional futures today, it suggests to buy RCom on opening of market. The target price for the stock is Rs 106-108 and the stop loss is suggested at 101.

The website, technicalanalysisofstocks, suggests to sell Sesa Goa. The dark cloud near minor top. This pattern is probably news driven. The target price suggested is Rs 260 where as stop loss is to be kept at Rs 300.

Aditya Vora, Director - Research, ULJK Financial Services suggests the following stocks in Economic Times.

ABG Shipyard

Idea

Tata Global

Jindal Steel

Hindustan Oil Exploration: Here the recommendation is to sell for a target price of Rs 161 and a stop loss at Rs 174.50. The stock has broken out from its triangular pattern on the daily chart with negative MACD. The price pattern suggests a minimum target of Rs 161. Momentum oscillators, like stochastic, have given a negative crossover.

Today, Firstpost have chosen to follow and keep track of the following stocks: Axis Bank, Aban, Reliance Industries, Bajaj Auto, Bank of Baroda, Dish TV, Exide, EKC and Tata Motors.

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OneIndia Money DISCLAIMER: OneIndia Money provides you with information covering shares, futures and options based on broker's reports as stated on various media. Investors are, however, warned that they should NOT take any buy or sell decision based on these views expressed in the article. Investors should consult their own financial and share advisors before taking purchase or sale decisions. OneIndia Money does not take any responsibility for any losses incurred by investors who take their cues from the above article.

Story first published: Monday, August 1, 2011, 9:04 [IST]

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