Buy LIC Housing Finance . The stock has made a lot of bottoms around Rs 270-275 creating a good support zone. On the longer term front it has broken out above Rs 280 a couple of times and has been consolidating. A longer term target price for the stock would be Rs 350. One can accumulate the stock at current levels with a target of Rs 295 in the day.
Short Opto Circuits . The stock has given a fresh breakdown below Rs 90-95 levels and the fall has been with very huge volumes. This indicates it could continue to slide lower. Given the fact that the stock has already broken down one can keep a stop loss at Rs 88 and target of Rs 80 for the day.
Buy Aditya Birla Nuvo . The stock was in a range of Rs 700 to Rs 1000 for the last two-three years. This has been broken out so every dip would be a buy with a medium term target price of Rs 1300 to Rs 1500. An intraday target price for the stock would be Rs 1180 and one can keep a stop loss of Rs 1100 for this stock.
Buy Raymond with a target of Rs 390 and stop loss at Rs 360.
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