Global financial giant HSBC plans to acquire 73.21 per cent stake in Mumbai-based IL&FS Investsmart

Stock market analyst Hitendra Vasudeo of stockmechanics.com is of the view that day traders can buy Reliance Communications stock above Rs 599 to achieve an intraday target of Rs 614.

The strict stop loss for the suggested counter is Rs 590. If the stock market remains on positive track, the next target for the day will be above Rs 620.

Stock market analyst Hitendra Vasudeo of stockmechanics.com has recommended a ‘BUY’ on Het Airways stock with a target price of Rs 562 in today’s session.

Mr. Vasudeo said that interested day traders can purchase the stock above Rs 542 with a stop loss of Rs 530. If the stock market remains on positive track, the next target for the day will be above Rs 569.

Stock market analyst Hitendra Vasudeo of stockmechanics.com has suggested traders to purchase Cairn India stock in today’s session.

According to him, the stock can be purchased above Rs 296 with a stop loss of Rs 292 to achieve an intraday target of Rs 307.

The stock could easily retest its next intraday target of about Rs 312, if the stock market remains positive.