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Stock Intraday Tips & Crude Updates


Buy - Sesa Goa 
for the target of  - 186.15 & 189
with stop loss  - 182.70
for 2-3 days

Buy - Bharti Airtel 
AT - CMP
for the target of - 317.00 & 322.10
with the stop loss  - 309.45
for 2 days holding

Crude Updates
In indian MCX Commodity Crude showing some down side phase from yeterday trading session, for today we can estimate for consolidate phase. US crude oil inventories fell in the latest week for the first time in five weeks, data from the American Petroleum Institute (API) showed on Tuesday, with oil product inventories also declining. 

Stockpiles of crude in the world's top consumer fell by 960,000 barrels in the week to April 20, compared with analyst expectations of a 2.7-million-barrel build. 

Over the previous four weeks, US crude stocks had swelled by more than 21 million barrels as a result of stronger imports. Imports fell by 40,000 barrels per day (bpd) in the latest week to 8.94 million bpd. 

Get Daily Stock Intraday Tips, Live Commodity Tips here.

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LME - Copper Updates with MCX Copper Trend

Copper Updates London copper slipped on Wednesday, partially reversing gains of more than 1 percent in the prior session, as anti-austerity protests in Spain revived concerns over the euro zone debt crisis and the demand outlook for industrial metals. The protests in Spain, where the government is likely to set a fresh timetable for economic reforms later this week, highlight the country's financing challenges and stirred doubts among investors about whether it would have the political will to apply for an official bailout. Three-month copper on the London Metal Exchange was down 0.8 percent at $8,210.50 per tonne by 0705 GMT, after rising 1.1 percent in the previous session. In MCX Commodity expert feel copper, Rs 440 per kilogram is holding over the last couple of trading days despite the negative fundamentals. He believes that on the upside, the resistance near Rs 446 per kilogram remains strong.