Power greed could ‘shock’ bears

Intra-day Stock Ideas
Nifty (5209) Sup 5142 Res 5293

Buy Alstom Projects (873) SL 866
Target 889, ८९३

Buy Tata Steel (865) SL858
Target 877, ८८१

Buy VSNL (451) SL 446
Target 460, ४६३

Sell ITC (185) SL 188
Target 179, १७६

Sell Hotel Leela (50) SL ५३
Target 45, 44

When you doubt your power, you give power to your doubt.

No doubt power stocks will be in action yet again, as Power Grid Corporation of India makes its debut on the bourses today. The mini-ratna PSU major attracted huge response during its IPO, which was heavily subscribed by all class of investors. The company has set an issue price of Rs52.

A premium of Rs30-40 is being talked about in the market.
wISH YOU

HAPPY TRADING
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