Ranbaxy

we recommend buy in this stock if it close above 525/- today

Target 1- 574/-

Target 2- 616/-

SL- 508/-

Time frame-2 to 3 weeks.

Pre requisites for doing online share trading / investing

Bank account: This is the normal savings or current account in your name in any of the nationalized bank in India. Mostly your broker will help you in opening zero balance account with any of the banks they have tie up. Be sure to get your login ID and password from the bank to do online trading.

Pan card: Kindly apply for pan card issued by IT department. This is essential for opening demat account.

Other requirements are valid address proof, a cancelled cheque of your bank account and two passport size photos.

Demat account: Demat refers to a dematerialised account.

Just as you have to open an account with a bank if you want to save your money, make cheque payments etc, Nowadays, you need to open a demat account if you want to buy or sell stocks.DPs are like bank branches.
To get a list, visit the NSDL and CDSL websites and see who the registered DPs (depository participant ) are.

Trading account: from Broking House:

Also called as brokers who will carry out transactions like buying and selling of shares you wish. For this they charge a small percentage known as brokerage. For this you open an account with brokers called trading account

You do not have to take the same DP that your broker takes. You can choose your own. It is advisable to have both the accounts with the single house which makes your online trading safe.

Few list DP and broking houses are sharekhan, icici direct, India infoline, India bulls, reliance money, etc.,

NALCO

we recommend NALCO strong buy at cmp-537 /-
Target 1- 577 /-
Target 2- 630 / -
SL - 515 /-
Time frame - 2 to 3 weeks.