Late Morning trading strategies India July 18, 2012

Tata Global, Torrent Pharma and Dabur also report on Monday and are hot for a pre results upmove. (Torrent Power is the bad boy and may drag torr Pharma only later)

If you know Merck and Container corp they could actually be post results movers.. again results are slated monday and Tuesday Merck has alrdy been moving up but unlike others may not have abig level.

Dabur

Dabur (Photo credit: Wikipedia)

Page Industries reports Tuesday and should be continuing strength or that stock becomes an old story long gone

Zee News and Zee Entertainment report separately, DNA reports under Zee News

BAJAJFINSERV ist the big mover and offers intraday score. LIC HOUSING should jump further to even 277 for a sell on Reults next week. ING, YES and KOTAK wait for a move from kotak’s results tomorrow.

COALINDIA is hunkering up and 360 is today;’s level regardless of Nifty ‘s direction. I am worried about the market because of Reliance results looming tomorrow but despite expected beaten margins in Oil refining , Singapore itself at $5 [pper barrel, the scrip seems to be set for an intraday move up .

In sum, get long in ICICI BANKA nd IDFC, run with AXISBANK ont the rebound, and if youare invested in Merck thenthat should be enough but  otherwise Bajaj Finserv and Tata Global are set for the bigger pop.

GMR and JP ASSOCIATES could outperform as once he infra run starts in the afternoon. BAJAJ AUTO will  move up on results as 1433 is its lowest price levels, if dumped it could go down now to 1200 levels.

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One thought on “Late Morning trading strategies India July 18, 2012

  1. Pingback: India Closing Report – July 16, 2012 – July 20, 2012 « A blog of blogs

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