Monday, October 17, 2011

BEST STOCKS TO BUY TODAY 17 Oct

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Indian share market opened, first day of the week on a flat note. Today we expect market to trade higher. It is believed that market has gained momentum and will trade pretty good. So today the first resistance for nifty is at 5165-70 level. Next resistance ranges are at 5194-99,5225-30. On downside first support is at 5108-05 level. Next supports are at 5086-83,5071-68,5050-45,5020-16

BEST SHARE TO BUY TODAY
Following are the stock recommendations for the day :-

1. BUY Arvind Ltd with a target of Rs 123 and a stop loss of Rs 96

2. BUY Venky's India Ltd with a target of Rs 540 and a stop loss of Rs 430

3. BUY Bank of India with a target of Rs 380 and a stop loss of Rs 290

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