intraday tips for nse.

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Market Update

Market Update

* L&T : plans to generate 5k mw of electricity by 2015 by investing ~Rs 300bn..
 has 3 projects & trying to reach fin closure for another 5000mw by 2015

* TATA STEEL : NYK Holdings acquires 26% stake in logistics and harbour ops
 services sub of co TM Intln Logistics

* HERO HONDA : may build 4th plant in 6 mths as it targets rural mkts &
 possible exports to Africa

* INDIA CEMENT : plans to raise $75bn thru share sales to QIB @ Rs 120.20/share

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Free Nifty Intraday Tips

1. ICICI Bank (Rs. 872)

Buy in the region 865-872 with a closing stop loss below 815 for a short and medium-term target of
950 and 1040 respectively.

2. IDFC (Rs. 159)

Buy in the region 155-159 with a closing stop loss below 145 for a short-term target of 175 and 191.

3. Hindustan Zinc March Future (Rs. 1127)

Buy in the region 1123-1127 with a stop loss below 1110 for an intra-day of 1150.

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Free Nifty Intraday Tips

1. Essar Oil Jan. Future (Rs. 144)

Buy only in the region 144-145 with a stop loss
below 142.5 for an intra-day target of 150 and
153.

2. Cairn India Jan. Future (Rs. 286)

Buy only in the region 286-287 with a stop loss
below 284 for an intra-day target of 293.

3. Voltas Jan. Future (Rs. 176)

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