Thursday, October 18, 2007

Stock trading tip for 19th oct 2007

Buy Reliance Industries around 2,583/- for a Target of 2900/- 3000/-

Mukesh Ambani-led Reliance Industries today posted a 27.9 per cent increase in net profit at Rs 3,837 crore for the second quarter ended September 30 as compared to Rs 3,000 crore in the year-ago period.

Total income jumped 6.72 per cent to Rs 32,211 crore during the quarter ended September 30 as against Rs 30,181 crore a year ago, the company informed the Bombay Stock Exchange.



Buy Siemens around 1650/- for a Target of 1900/- 2000/-

Buy Hindalco around 182/- for a Target of 210/- 215/-

Buy State bank of India (Sbi) around 1650/- for a Target of 1900/- 2000/-

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