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Stock Tips for Sept 27, 2011: Buy TCS, JP Associates

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Stock Tips for Sept 27, 2011: Buy TCS, JP Associates
The stock recommendations are based on technical analysis. They include IT giant that is TCS, infrastructure company as JP Associates, PSB like Union Bank of India and Reliance Capital and many others.

The website, technicalanalysisofstocks, suggested to buy the stock of the company TCS with target of Rs 1045 and stop loss of Rs 915.

 

Shrikanth Shetty, Head-Equity advisor, Unicon Securities shared his picks in Economic Times.

JP Associates

Union Bank of India: There is a buy recommendation on this stock too with the target price of Rs 270 and a stop loss at Rs 240. Union Bank has had a breakout at Rs 248 levels on the daily chart, indicating that the short-term trend will remain positive. The stock has formed higher-top and higher-bottom formation, which indicates positive sentiment in short term trading with of decent volume support.

Reliance Cap

Bombay Dyeing

Cipla

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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: Tuesday, September 27, 2011, 8:40 [IST]
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