Thursday, August 23, 2012

Market Today: Stocks To Buy Now


The persisting positive trend of Indian benchmark indices is likely to continue today. Indian markets, after a flat opening, trading in positive terrain. NSE's Nifty with nearly 0.40% upside, is trading above 5430 level. As per the technical analysis, it may go further up above 5447 level.
Breaching this level may lift up Nifty to 5470-5500 level while below 5390, negativity may attract the index.


Stocks To Buy Today-

Tata Steel- The Stock is likley to remain in buying mode today. Fundamentals are positive. One can buy this stock above 395 for the targets of 398-402 level.

Lupin- Buy Lupin above 581.50, Target- 585.00-588.50 SL- 576.50

Jaiprakash Associates Ltd.- JP Associates can take 51 per cent share of cement company CRH. Technically also a Good buying signal is seen in this stock.







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