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| Bank Of India |
What are the stock recommendations for today?
There are 4 stocks . ACC , BPCL, GMR Infra andKarnataka Bank . All of these are quite okay for an intraday trade today. Of these, only BPCL would be a very good long term investment. It is a stock that has gone well above its 2008 highs which the other 3 have yet to really do and also once this uptrend finishes when we have intermediate downtrend, those conditions usually favoured BPCL, tends to go up when the market is going down. So this may not be too at a time to add 1 or 2 of these defensives. The other 3 ACC, GMR and Karnataka are also pretty good for short or medium term trading, that means a holding period of a day or 2 or even extending to a week or 2 should this rally continue that long.
Sources: http://economictimes.indiatimes.com
