Stock Tips for today, Aug 11, 2011: Buy Gravita & Lupin

Published: Thursday, August 11, 2011, 8:51 [IST]

We bring to you the target price and stop loss for stocks such as Gravita, Lupin, Idea, Ranbaxy etc as stock market volatility makes it important that all traders follow the rules of stoploss and targets rigorously.

The website, technicalanalysisofstocks, has suggested a buy on Gravita. The target price is Rs 356 and a stop loss is Rs 320. The trend signal used to arrive at this decision is 13 days moving average crossed.

Jitendra Mehta, VP - Institutional Equities - Sales, Edelweiss Securities, suggested the following stocks in Economic Times.

Firstpost has recommended the following stocks.

ACC Cements ( Buy below Rs 1,015, target Rs 1,050)
Kingfisher (Sell below Rs 31.55, target Rs 28)
GE Shipping (Sell below Rs 234, target Rs 225)

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GoodReturns.in DISCLAIMER: GoodReturns 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. GoodReturns does not take any responsibility for any losses incurred by investors who take their cues from the above article.

Story first published: Thursday, August 11, 2011, 8:51 [IST]

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