Multibagger Stock Recommendations and Tips

Multibagger pick selected by our industry experts is - Pearl Global In

BSE ID : 532808,

NSE ID : PGIL

RECOMMENDED PRICE :- 100.15

CURRENT PRICE  :- 115.10 (Gain 14.93%).

We believe Pearl Global Industries has entered into a phase of High Growth and profitability post the rationalisation exercise done by the company. A MCap of Rs.216 cr against expected Sales of Rs.3500 cr, a significant discount to Book Value of Rs.250 and at a reasonable PE of 5.40 on TTM earnings, we believe the stock offer immense potential for growth.

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Best Stocks To Buy Today 24 September

Share Market Trend Today :-

Spot Nifty closed at 5691.15, which is more than 110 points from last week on closing basis. We got a candle with a higher top & higher bottom in weekly chart after february 2012 but the point is with the pattern- a hanging man in weekly chart. It is not a bullish sign at all though confirmation is needed. The silver line is that we got a closing above the high (5629.95) of february, which is well above the 61.8% retracement level (5650 > 6338.50 to 4531.15).

If nifty can manage to close above 5700 or more than that on coming friday (28 sep, 2012) then we may get a bullish candle in monthly & quaterly as well. So hope for the best. now onwards 5625 will be the loc for the time being. No long positions should be entertained below the loc at least for Nifty in short term. Profit taking zone stands around 5720-5750.

Hot Stocks To Trade Today 

1) State Bank of India

2) Telecom stocks will be in focus(Bharti Airtel, Idea)

3) Tata MetaliksLtd

4) Aban Offshore Ltd

5) NTPC Ltd

6) Reliance Industries Ltd

7) Maruti Suzuki Ltd

8) Coal India Ltd

9) BPCL

10) Bhushan Steel Ltd

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MCX SILVER TIPS>>TREND TODAY 10th may

The Silver is in long- term bull phase .Currently Silver is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend. The oscillator is showing SELL signal For short term Silver is in SELL position.

SILVER SUPPORT & RESISTANCE :-

Support for the Silver is 55412-52456.

Resistance for the Silver is 59334-62646-63654-64819.

SILVER INTRADAY TREND :-

Buy above 58172.2 and keep stop below 56047.6 Target is 59122.1 next 60699 

Below 55101.5 trend reversal can occur and next level is 53530.9


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MCX SILVER;SILVER TREND TODAY

MCX Silver continued its winning streak for the second straight day and rose by Rs 150 to a new record level of Rs 51,600 per kg today on sustained buying, triggered by firm trends overseas. Friday was the golden day for silver on the other hand gold dips yesterday.Silver coins surged Rs 300 to Rs 55,800 for buying and Rs 56,300 for selling of 100 pieces on account of the rising demand for the ongoing marriage season. 
 MCX SILVER TREND TODAY

The Silver is in perfect uptrend.The Silver is now trading in highly overbought level. The oscillator is showing SELL signal but has moved past its recent high.The oscillator is showing SELL signal For short term Silver is in HOLD LONG position.

 MCX SILVER SUPPORT & RESISTANCE

Support for the Silver is 49911-48999-47409-45565-45174-44008-. Immediate resistance for Silver is 52396.

 MCX SILVER INTRADAY TREND

Buy is advised above 52708.1 with a stop at 51050.3 Below 50567.8 go for sell with a stop at 52223.7