Stock Tips for Sept 13, 2011: Sell Financial Technologies

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All stock tips are based on technical analysis. The list of stocks contain cement major ACC and pone of the finest private bank in the country, HDFC Bank.

Sharetipsinfo has recommended to sell the stock of Financial Technologies below Rs 785 for a target of Rs 755 and the stop loss should be fixed at Rs 798.

The website, technicalanalysisofstocks, has recommended to sell SKS Microfinance; the target price is Rs 256 and stop loss at Rs 283. There is negative divergence in Stochastic.

Stock picks by Shrikanth Shetty, Head, Equity Advisor, Unicon Securities, for trading.

Delta Corp: Buy this stock with a target price of Rs 127 and a stop loss at Rs 98. On the daily chart, the stock has closed above all short- and long-term moving averages which is 65 WMA with hefty volume on a weekly basis. The RSI and stochastic indicate a positive crossover, the momentum oscillators suggest the possibility of an uptrend in the short term.

Punjab National Bank: Here also the recommendation is to buy with a target price of Rs 1,045 and stop loss at Rs 895. On the weekly chart, PNB has been trading above the strong support zone at 900 , which indicates positive sentiment in short-term trading and strong buying pressure around support zone at 940.

Firstpost has recommended the following stocks

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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.

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