Hold Punj Lloyd With Stop Loss Of Rs 132

Hold Punj Lloyd With Stop Loss Of Rs 132Stock market analyst Kunal Saraogi is of the view that investors can hold Punj Lloyd stock with a stop loss of Rs 132.

According to him, the investors can sell the stock on any rally.

Today, the stock opened at Rs 135.90 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 298.80 and a low of Rs 140.05 on BSE.

Current EPS is -1.96.

As part of its inorganic development strategies, Punj Lloyd Engineering, a wholly owned arm of Punj Lloyd Ltd, is making plans to get hold of a company in the Middle East or other geographies.

It’s A Tough Time For Boney Kapoor!

It’s A Tough Time For Boney KapoorThe Shahid-Bebo starrer 'Milenge Milenge' is giving Boney Kapoor a bad time.

The split between Kareena and Shahid is ruining the promotional video and giving restless nights to Boney.

The Kapoor duo may have ended their love relationship on a bad note, but amazingly, their 'Jab We Met' mesmerized the viewers and gathered honors for the pair.

Boney directed flick 'Milenge Milenge' will star these separated lovers together on screen for the first time after their split.

Commodity Outlook for Copper by KediaCommodity

CopperCopper pared its gains on worry that the debt troubles in the euro zone will hamper economic recovery and crimp demand for the industrial metal. Inventories of copper stored in LME warehouses fell 925 metric tons, leaving them at 482,225. The most recent Comex inventory data, released late Tuesday afternoon, were unchanged at 101,242 short tons. Copper has touched a low of Rs 300.2 a kg after opening at Rs 305.2, and last traded at Rs305.9.For today market is looking for the support at 301.5, a break below could see a test of 297.1 and where as resistance is now likely to be seen at 309, a move above could see prices testing 312.2.

Trading Ideas:

Commodity Outlook for Crude Oil by KediaCommodity

Crude OilCrude ended lower amid fears that the European Union's economic problems would slow the global recovery and cut into oil demand. The oil market has looked to China and the U.S. to provide growth this year, but global demand would be unlikely to escape the downward pull of a European slowdown. Oil inventories rose 200,000 barrels in the week ended May 14. Now support for the crude is seen at 3324 and below could see a test of 3271. Resistance is now likely to be seen at 3416, a move above could see prices testing 3455.

Trading Ideas:

Crude trading range is 3271-3455.

Oil prices ended lower on fears of global oil demand slowdown

Short Term Buy Call For RIL

Short Term Buy Call For RILTechnical analyst Nikita Surekha is of the view that investors can buy Reliance India Ltd (RIL) stock for a short term target of Rs 1025.

According to Surekha, the investors can hold the stock with a stop loss of Rs 985.

Today, the shares of the company opened at Rs 1004 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 1245 and a low of Rs 875.50 on BSE.

Current EPS & P/E ratio stood at 49.31 and 20.39 respectively.

Alstom Projects India Ltd Term Buy Call: StocksIdea.com

Alstom ProjectsAlstom projects India limited was incorporated on 2nd September 1992.

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