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Guar yesterday we have seen that market has moved -0.6% suffering some profit booking as the commodity p

Technical analyst Salil Sharma has maintained 'buy' rating on Idea Cellular Limited stock with a target of Rs 74.50.

According to analyst, the investors can buy the stock with a stop loss of Rs 69.50.

The stock of the company, on January 24, closed at Rs 69.30 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 79.90 and a low of Rs 49.80 on BSE.

Current EPS & P/E ratio stood at 2.70 and 26.67 respectively.

Technical analyst Somil Mehta of Sharekhan has maintained 'buy' rating on Punj Lloyd Limited stock with a target of Rs 110.

According to analyst, the investors can purchase the stock with a stop loss of Rs 99.

The stock of the company, on January 24, closed at Rs 102.75 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 193.30 and a low of Rs 96.10 on BSE.

Current EPS is -18.59.

Punj Lloyd Group, on Jan 20, announced that it had pocketed 3 oil and gas deals worth Rs 645 crore in India, Oman and Indonesia.

Nickel yesterday traded with the negative node and settled -0.5% down at 1190.7 as pressure from o

Zinc yesterday traded with the negative node and settled -1.05% down at 105 as concern over china that can take additional tightening monetary policies to curb economic growth did not ease. In this context, LME zinc prices overnight continued to dip, down USD 15/mt, with prices finally closing at USD 2,305/mt and struggling at the 60-day moving average.In yesterday's trading session zinc has touched the low of 104.2 after opening at 106.25, and finally settled at 105. For today's session market is looking to take support at 103.7, a break below could see a test of 102.4 and where as resistance is now likely to be seen at 106.8, a move above could see prices testing 108.7.

Copper prices rose as concerns about Chinese demand abated, and tin prices hit a record high with supply constraints supporting the outlook for both metals. A weaker U.S. dollar also helped metals, by making dollar priced commodities cheaper for other currency holders. Copper has touched a low of Rs 437.3 a kg after opening at Rs 438.3, and last traded at Rs439.6.For today market is looking for the support at 437.4, a break below could see a test of 435.1 and where as resistance is now likely to be seen at 441.8, a move above could see prices testing 443.9.

Trading Ideas:

Copper trading range is 435.1-443.9.