Wednesday, April 05, 2017

Today's Calls
1. Buy Idea Cellular Ltd at Rs.85.10, T: Rs.123, SL: Rs.81. Aditya Birla Nuvo Ltd. has got the final nod from the Reserve Bank of India (RBI) to start a payments bank in India, the company said in a stock exchange filing on Tuesday. The stock is currently trading above its 150D SMA. Today it needs to close above Rs.85.35, to confirm its uptrend. Fundamentally the stock is ripe for investment.

2. Those who are holding Reliance Power Ltd from Rs.44 levels, are suggested to book profit st Rs.50, and wait for dips around Rs.47-47.50 for fresh entry.
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