The Sensex continues to see good buying interest while the
Nifty is flat. The Sensex is up
About 795 shares have advanced, 340 shares declined, and 47
shares are unchanged. TCS , Wipro , Sesa Goa with gains of 3 percent each are
leading the pack in the Sensex, followed by Coal India and Tata Steel . On the
losing side are HUL , Bharti Airtel , ITC and SBI .
Asian markets were trading firm on Thursday. Hong Kong's
Hang Seng rose 0.96 percent or 220.80 points at 23,205.28. Japan's Nikkei was
up 0.12 percent or 17.34 points at 14,187.83. Singapore's Straits Times was
flat at 3,150.73. Taiwan's Taiwan Weighted gained 0.88 percent or 72.02 points
at 8,288.54. Shanghai Composite and Seoul Composite are shut today.
↓ Sure Shot Stocks to Buy Today on 03 Oct. 13
√ IFCI
♦ Buy IFCI, Target Rs 24 and Stoploss Rs 21
News on IFCI:
IFCI has recently done a three wave correction after a five
year rise.
As per Elliot Wave theory hereon next set five year rise is expected to form and the same seems to have started in the last session also the stock has managed to hold on to its crucial daily moving average.
As per Elliot Wave theory hereon next set five year rise is expected to form and the same seems to have started in the last session also the stock has managed to hold on to its crucial daily moving average.
√
Sintex Industries
♦ Buy Sintex Industries, Target Rs 23 and Stoploss Rs 20
News on Sintex Industries:
Sintex Industries is forming an inverted head and shoulder
pattern which is a bullish pattern. Currently right shoulder of the pattern is
in formation and the right shoulder has taken support near its 20 daily simple
moving average. Here on the price is expected to move up to complete the
pattern and can eventually breakout on the upside.
√ Aditya Birla
♦ Buy Aditya Birla, Target Rs 1,280 and Stoploss Rs 1,225
News on Aditya Birla:
This share is touching new highs, in fact touched a lifetime
high on Tuesday and it qualifies to be giving a bullish breakout.
↓ Sure Shot Stock to Sell Today on 03 Oct. 13
√ Hindalco
♦ Sell Hindalco, Target Rs 104 and Stoploss Rs 113
News on Hindalco:
Looking on daily charts as per technical, it is quite
possible that some kind of negative movement may continue in Hindalco.
