Intraday calls and stock tips for today 19 may 2011

Nifty Futures

Sell Nifty Futures around Rs 5,480-90 for target of Rs 5,450-5,420 and stop loss of above Rs 5,520.

Bank Nifty Futures

Sell Bank Nifty Futures below Rs 10,790-10,800 for target of Rs 10,740-10,700 and stop loss above of Rs 10,840.

Mcleod Russel India
Sell Mcleod Russel India around Rs 256-258 with target of Rs 250-245 and stop loss of above Rs 263.

Educomp Solution
Sell Educomp Solution below Rs 424 with target of Rs 415-410 and stop loss of above Rs 433.10.

Mahindra & Mahindra

Buy Mahindra & Mahindra around Rs 665 with target of Rs 678-688 and stop loss of below Rs 654.90.

Tata Motors

Sell Tata Motors around Rs 1,165-70 with target of Rs 1,150-1,130 and stop loss of above Rs 1,180.

Jindal Iron & Steel Company

Sell Jindal Iron & Steel Company below Rs 172 with target of Rs 177.10 and stop loss of above Rs 165-160.

Orchid Chemicals & Pharmaceuticals

Sell Orchid Chemicals & Pharmaceuticals below Rs 288 with target of Rs 295.10 and stop loss of above Rs 280-275.

Accumulate State Bank Of India (SBI) with target of Rs 2,726 as against current market price of Rs 2,412.

Accumulate Reliance Industries (RIL) at lower levels.

Buy on Opto Circuits (India) with target price of Rs 309 as against the current market price (CMP) of Rs 277.