Thursday, 11 April 2013

Stratergy for 11th April

BUY RCOM arnd 70-71 tgt 75  ( we expect some correction in the first few minutes of trading .So Buy on intraday Dip.Sl below 68)

BUY HEXAWARE  Arnd 95 tgt 97/ 98 sl below93



Trade in the local share market is likely to be volatile Today as investors may book profits on caution a day before Infosys reports its Jan-Mar earnings and release of February IIPdata.Overseas markets will lend cues in early trade. Volumes may remain thin as banks and select offices will be closed Thursday for Gudi Padwa. The beginning of the new financial year has not been very encouraging for the local share market as political uncertainty and scepticism over Jan-Mar eranings.

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