Recommendation on OMC bears Fruit...

On my post dated 18.2.2010, I have recommended to Buy BPCL, HPCL & IOC. See the prices now. Fundamentally all the three are very good investment opportunities.

Prices then & Now- HPCL-340-435
BPCL-580-635
IOC- 330-395
Wait for a correction to add more.

52 Week High is in Sight for Nifty!

Market is entering a new orbit with today's surge of 90 points in Nifty. The 52 Week High of 5399 is at a striking distance, and going by the Global clues, we will be getting a new 52 week high within a day or two. Once that is achieved, market may look at 5545 as the next resistance. All in all, Index based fundamentally strong scrips are in for a move!

But watch for the Rupee Movement. An appreciating Rupee will dampen the sentiments in IT Stocks!

Sell Fundamentally weak stocks, Convert into Strong Ones

Market may consolidate for 2-3 sessions before a break out upwards.It is advised to get rid of fundamentally weak stocks like RNRL and get into Fundamentally strong stocks like RIL & Reliance Infra

Rel Infra Closing in on our Target 1150 within no time !

Our buy recommendation yesterday evening has already in a striking distance to the target of 1150. It is trading at 1143.8 now. Happy Trading.

Take a Risk in Reliance Infra at CMP of 1115.00

Reliance Infra is on a bullish course. Please recall that we have recommended this to buy around Rs.1015.00 levels, and it has since appreciated to 1115.00 now. It has a target of Rs.1150.00 in short term. Risk takers can hold on to this target.Stop loss at 1095.00

Havell's India hit a high yesterday

Havell's India had touched a high of Rs.673.00 in yesterdays trade, and is consolidating today around Rs 660.00.
This scrip was recommended to buy around Rs.535.00 by us a month back.

Buy IDBI Bank...

Buy IDBI for short term gains at CMP of Rs.122.00, a three month target of 140 plus is expected.

Reliance Infra on an upward March to 1100.00 !!

Our buy recommendation of Reliance Infra at 1015.00 about 3 weeks back, had appreciated well and quoting around Rs.1095.00 now. The stock is expected to cross Rs.1100 very soon. Happy Investing!

Reliance Infra zooms to Rs. 1055.00 in today's trade !

I GIVE BELOW THE POST PUBLISHED ON 18.3.2010 ON 3 STOCKS.
"Buy Reliance Infra[ Rs.1015.00], Reliance Media[Rs.225.00] & Havells India [Rs.560.00]for very short term."

NOW RELIANCE INFRA IS AT 1055, RELIANCE MEDIA AT 222.5 AND HAVELLS AT 635 !
HAPPY TRADING !

Havell's Sky Rockets to Rs.630.00 !

Havell's India , recommended by us around Rs.545.00 a week back has now surged past Rs.630.00 in todays trade. Happy investing.

Cairn India Achieves our Target of Rs.310.00

I reproduce here the post published on 23.3.10 on a buy recommendation on Cairn India @ Rs.292.00. Today it has already touched our Target of Rs.310.00. Happy investing.

"Cairn India is in a strong bullish move, and had closed at Rs.292.00 after volatile movements. It has a target of Rs.310.00 very shortly. Buy at CMP with a stoploss of Rs.282.00"

Havells India at Rs. 610++ in todays trade .

Havells, recommended to buy @ Rs.545.00 on 12.3.10, has touched a high of 611 in todays morning trade. Profit booking is badvisable, though the stock still looks bullish.

Cairn India moving nearer to our Target.

Cairn India is on a bullish chart today and is trading at Rs.302.00 now. Please recall our recommendation of this share about 5 days back. It is on firm footing to achieve our Target of Rs.310.00. Partial profit can be booked at current levels.

Yes, Nifty is at a 52 Week High Now !

And Nifty has done it today itself! It had just crossed the 5310 mark to chart a new 52 week high on sustained inflows of Foreign Funds. The rupee is also trading very strong around Rs 45.05 to a $, indicating heavy dollar inflows. Nifty may target 5140 now, albeit with corrections. Happy trading!!! Auto , Realty and Banking shares in Focus....

Nifty almost at 52 Week High !

As we have hinted yesterday with the previous post, Nifty at 5305 came very close to the 52 week high of 5310 in the morning trade. Amid highly volatile trade Nifty is expected to breach that level any time, probably in today's session itself. Please trade with utmost caution, but with a positive bias. If Nifty shows strength today, it has the potential to rise to 5400 levels. Trade in the direction of the market.

Nifty readying for a 52 week high !

Nifty has consolidated around 5250 levels and is ready to make a new 52 week High, surpassing the current 5310. Many of the front line stocks to participate. Watch out the next week, it will be crucial !

2E7HWTSZM5RA

2E7HWTSZM5RA

Cairn India touches Rs.302 today, Take the profits1

Cairn India had touched Rs.302.00 in todays trade, and is very much in profit as per our call given two days back. Happy Trading.

Buy Cairn India for a Target of Rs.310.00

Cairn India is in a strong bullish move, and had closed at Rs.292.00 after volatile movements. It has a target of Rs.310.00 very shortly. Buy at CMP with a stoploss of Rs.282.00

Nifty consolidates around 5225 before the next big leap to 5300+

Today was a consolidation day for Nifty to end up with a 20 points gain. Thursday being F& O Expiry, may see a highly volatile session. Nifty is expected to breach 52 week high of 5310 very shortly, provided global factors remain stable. Trade in the direction of market.

Havells India achieves our Target of Rs.600+ in record time !

Havells India had touched a high of Rs.602.00 in today afternoon trade, and this was as per our target call given on 18.3.10 at the rate of Rs.560.00. Hope this was a highly profitable call or you.

Be long in the Market, Unless Nfty breaches 5180 at lower level.

As predicted, there was a knee jerk reaction to RBI's credit policy, and Nifty had lost some points. However, the undertone appears to be bullish. Be long in the Market, unless it breaches the support of 5180.
A close below 5180 will be weak for the market and further downside can be expected till 5050.

RBI Rate hike may induce market to open down.

The sudden announcement of RBI hiking key rates may spur a knee jerk reaction, and the market is likely to react negatively.The F & O Expiry on 25.3.10 will also add to the pressure coupled with the holiday on 24.3.10.

However, the reaction will be short lived and the indices are expected to gain momentum afterwards, as the RBI's hike will have more of a psycholgical impact than real.

Decent returns from yesterday's call in the morning itself.

Reliance Infra had touched Rs.1028, Reliance Media Rs.232.7 and Havells Rs.569 in the morning trade. Take profits while trading in the direction of market.

Fresh Buy Recommendations on 18.3.2010

Buy Reliance Infra[ Rs.1015.00], Reliance Media[Rs.225.00] & Havells India [Rs.560.00]for very short term.

Engineers India - Sky Rockets!

Please recall our buy call on Engineers India barely one and a half month back. It has almost doubled to the current rate of Rs.2400+. Happy Investing.

Reliance Infra already on Target of Rs.1020

In todays trade, Reliance Infra had come very close to our target of Rs.1020.The buy recommendation was posted on 16.03.2010 @ Rs.990.00
Now the shares have turned bullish and can be held for a Target of Rs.1050.00 very shortly. However, keep a strict stop loss of Rs.990.00 to save from any unforeseen crash.

Havells charting high- Already at 575+

Havells India had already scaled to Rs.575.00 today from the levels of Rs.545.00 recommended on 12.03.2010 by us. Hope the call has helped our readers.Havells is still looking very bullish, but booking part profits will be always prudent. Happy investing.

Nifty on Target 5200+

Nifty had surpassed the target level of 5200. It has encountered some profit taking at higher levels, but still closed with gains. Tomorrow it will make an attempt on 5280, which is a very strong resistance. Market is likely to see a sell off around these levels. Hence one can go short around 5260-5280

However, in the case of an extreme bullish scenario, market may breach those 5280 levels with volumes. If this happens it will be aiming at 52 week highs and all round buying will happen.

Hence watch those indicators and trade with caution.

Buy Reliance Infra for short term

Buy Reliance Infra for short term target of 1020 from the current levels of 990. The scrip is oversold and a pull appears on cards.

Nifty hits target 5180- Road ahead appears strong- Trade long, but with a lots of caution.

As we had been pointing out Nifty had finally surpassed its resistance of 5180 today and as such the indices are looking extremely strong. Nifty resistance and Targets for 17.3.2010 are 5227-5250-5300. Play long till the major resistances and first signs of weakness.

Nifty Range of 5090-5180

Nifty is expected to open subdued and trade lower in the opening hours. The level of 5090 is crucial.On the upper side it has a resistance at 5180. Trade in this range in the direction of the market.

By Havell's India

Buy Havell’s India for short Term @ Rs.545.00 with a stoploss of Rs.520.00. Havell’s is poised for a strong up move to Rs.600+ levels and the breakout can happen any time in the coming days. Hence keep a watch and play long!

Buy Mahindra Satyam...

Buy Mahindra Satyam for short term gains @ Rs.98.00. The restated balance sheet is rumored to throw surprises in health of balance sheet as well as cash position. Satyam ADR's are trading at a premium to Indian Prices. There is also news of excellent order position. Moreover,our market in is bullish in general and Tech shares are particularly in flavor. All this augers well to make Mahindra Satyam an excellent buy for short and medium term.

Nifty almost on our Target of 5150 !

Nifty is almost on our target of 5150 today at close! Please refer my earlier post on this wherein it was suggested that Nifty was charting to 5150 levels.

Nifty faces resistance at 5180, where some bit of minor profit taking can be expected. If crossed with volumes, it can lead to further bullishness whereby an easy target of 5250 will be in sight. Mutual Funds will try to keep the market buoyant till end March, to have a widow dressing of their NAV’s. Hence this possibility is better now.

If Nifty turns weak tomorrow by any chance, and goes below 5100 to 5090, then it will indicate further weakness. In such a scenario, it will revisit sub 5000 levels of 4950. But as it is, this possibility is lower than the first one.

So play long till the bearish signs are in sight !

Nifty 5150 target intact!

Nifty was again consolidating for its further rally to 5150-5180 targets. There will be stiff resistance at 5180 levels, at which point there is a likelyhood of a sharp selloff which can take the indices down to around 4900 levels.But right now there is a zone of 100+ points upward-play long!

Rel Infra Charting High as per our previous post.

Reiance Infra already touched Rs.1040 in todays morning trade; likely to move up further.

Reliance Infra

Reliance Infra may be considered for short term gains @Rs.1020.00

Nifty on 4 th March 2010.

Todays Nifty mobvements can be considered as a brief correction and now it looks healthy for targers of 5100-5150.

Buy ITC

ITC LOOKS POISED FOR AN UPSIDE AS IT HAS RAISED THE CIGARETTE PRICES BY 17.6% ACROSS THE BOARD. BUY AROUND 244 LEVELS FOR SHORT TERM GAINS.

Nifty charting to 5150..

Nifty is in a strong technical position as on Todays{ 3rd March] close. Its target is around 5150.There will be intermittent profit taking which will bring it back to sub 5000 levels, but 5150 will be achievable in the next 2 sessions.

Budget is behind us.

Now the uncertainty of Budget is behind us, markets will look for Global clues.Things are looking much better now, and the Nifty is at knocking distance of 4965. A crossing over with volumes will determine the bullish breakout.

Create a Strangle on Nifty for Unlimited Gains with Options.....

There is a possibility of huge swings of market in either way in connection with the Budget. If you want to en cash on these violent moves, the following Strategy on Options can be considered.

Create strangle on Nifty. Buy Nifty March 4700 Puts @ Rs.95.00 at the same time buy Nifty Calls March 5100 @ Rs.52.00

Unlimited profits on huge movements from these strategy.

Nifty Levels to Watch Out !

Technically the market is showing a lot of weakness, by drifting lower and not showing strength above 4950 & 4965.
However, there are a lots of shorts in the market, and is near the oversold territory. If any trigger comes from the Budget, it can spark an upward breakout.
Since the market is equally poised, the technical levels of 4950 & 4830 are very crucial.

Buy Farm, OMC, Education, Non Conventional Energy & UID related Stocks for Pre Budget trading

Pre budget buys can be those sectors benefitted by budgetory proposals.
One sector which is expected get favourable treatment is Farm- Tractor, Irrigation, Pesticides etc . Top picks in this segment are Escorts, TAFE, Mahindra, HMT, Jain Irrigation, United Phospherous etc.
Education is another area of possibility- Educomp, Edserv, NIIT, APTECH, NIIT Tech are good picks in this category.
OMC's may get some sops from the budget and hence IOC, BPCL, HPCL etc can be considered.
Unconventional energy is an area of focus and companies like Suzlon & Moser Bear stand to benefit.
Bartronics is a good buy considering the potential to get big orders from UID project, which is a pet project of the Govt.

Pre Budget Rally on cards..

Watch out for Nifty Levels of 4965, if this is convincingly breached, we can have a pre budget Target of 5000-5050 levels. However, Nifty is facing stiff resistance around 4930 and next resistance being 4950.
On the downside, if Nifty is going to close below 4830, it is going to be a definite bearish sign.
Hence buy only on Nifty crossing 4960.

Ride the tide of OMC's! BPCL Saors !

We have earlier recommended to buy HPCL, BPCL & IOC- All are up nicely today.BPCL had surged past Rs.600 to touch a day high of Rs.613. HPCL touched Rs359 & IOC Rs.326.

BPCL's Oil Discovery report as well as speculation of decontrol of petro products are fuelling the rise in share prices. It is worth taking a ride along with this tide.

Important Technical Levels for Nifty

Market had closed strong yesterday, but still below the bullish level of 4965 on Nifty .
Strong resistance can be found towards Nifty 4930 & 4950, and if the market breaks it, it can surge past 5000.
But if Nifty drifts lower, it will send weak signals. A possible breach of 4830 will give a target towards 200 DMA of around 4700 now. If DMA is breached, the downward target get lower to around 4300 levels.
Hence watch the trend and trade with caution. Budget expectations & Global Clues will decide the course for Nifty & Sensex.

Tata Steel moving up, Book Partial Profits

Our Intra day call Tata Steel nearing Rs.551, consider booking partial profits.

Tata Steel for Intra day

Tata Steel may be bought if it sustains above 545 with a target of 555 intra day

Watch for Nifty 4850 levels

Going long on Nifty futures is recommended above 4850 for a target of 4900+
Going Short on Nifty futures is suggested with a target of 4750 if Nifty sustains below 4800

Kalindee Rail up 5%.

Our recommendation of buying rail infra companies are proving profitable, even amidst sell off in market.
Today also they are in Green, and Kalindee Rail is up 5% @ Rs.217.5

Stimulus Unwind likely to start

High inflation & High IIP may prompt the Govt to unwind the stimulus measure around budget. Negative sentiment for market.

Inflation on an upward spiral

Jan2010 WPI Inflation figure stands at 8.5%. This is against the expectation of 8.2% and Dec09 fIgure of 7.3%, and are above estimates. Inflation is feared touching double digit of 10% by March 2010. A negative for market sentiment.

IIP Grows to a 16 year High!

IIP growth rate for Dec 09 was the fastest in the past 16 years.India's factory out put surged by 16.8%.It has beaten the planning commission's own estimate of 13% and market expectation of 12-12.5%.
Auto sector grown by 82.2%, Chemicals by 29% and consumer durables by 46%.
Mining & Electricity sector had grown by 9.5% and 5.4% respectively.

While this bodes well for the investor confidence, the fear of Govt.'s withdrawal of stimulas will keep the share market in check. But all in all this is a big morale booster, and long term prospects had distincly improved.

Texmaco & TWL on Fire!

Texmaco up @15% and Titagarh Wagons up @17%.
Excellent Pre budget Rail Picks!

Rail Related Stocks Zooming 4 to 12%

We are happy to reproduce our post dt 7.2.10, wherin we have recommended to buy Rail related stocks. Today all of them are up- Up between 4 to 12%

As pointed out in todays morning post,Rail related stocks are seen in action ahead of Rail Budget.
The stocks to be watched closely are;
1]Titagarh Wagons[TWL]- CMP-400
2]ABB-CMP-784
3]BEL-CMP-2002
4]BEML-CMP-1100
5]KERNEX MICRO-CMP 183
6]KALINDEE RAIL-CMP 205
7]STONE INDIA-BSE
8]Texmaco-CMO-141
Selective short term buying can be considered, if markets hold firm above 4766 NIFTY

Market Crosses the Resistance of Nifty 4826

In the opening trades the markets crossed the resistsnce levei of Nifty 4826. If it can sustsain and close above,there is a good chance of a sharp upmove to 4950-5000 levels, as we have indicated for a pre budget rally.

Rail Stocks on a move...

As we have recommended, Rail related stocks are moving up ahead of Rail Budget.
The current rates are
Texmaco-Rs.154
BEML-Rs.1115
TWL-Rs.426
Kernex Micro-Rs.182
These are expected to strenghten further

Oil Marketing Cos.

As the fuel price revision is imminent, OMC's such as HPCL, BPCL & IOC will be in action.Watch out those scrips.

Nifty 4830 / 4660 levels very Critical

Indian Markets had shown weakness despite stronger global clues on 11.2.2010. It could not hold on to the higher level it touched in the opening hours.Market should decisively close above 4830 for Nifty, for an upward breakout. Otherwise it is likely to drift lower and test the 200 DMA around 4660 levels.
The week is truncated as Friday is a Market Holiday.IIP figures of Dec 09 are expected to be announced on Friday which are expected @12% vis a vis 11.7% of Nov09.

PSU's on Fire

Profitable PSU's are up again on Bonus Hopes.
Our picks Engineers India & Hind Copper rallied very well today, with Hind Copper on upper freez @10%.Fresh momentum is back in all the PSU Stocks
Stocks to watch are NMDC & STC.

Nifty Manages Above 4800

Nifty Managed to stay above 4766, which is a good sign.Markets are likely to trade above 4830 tommorrow, which is essential for gathering further momentum. Shortcovering is likely to add to the momentum

Market Struggling below 4766 Nifty

Markets are still [9.40AM, 9.2.10] trading weak, and are below the Nifty Level of 4766.
Unless it exhibits strength above this level, there is a tendency to make a lower bottomS & lower topS. Once market take a decisive break above 4766 fresh buying can be considered, and the rally will be fuelled by huge short covering.

Rail Related Stocks to be in action

As pointed out in todays morning post,Rail related stocks are seen in action ahead of Rail Budget.
The stocks to be watched closely are;
1]Titagarh Wagons[TWL]- CMP-400
2]ABB-CMP-784
3]BEL-CMP-2002
4]BEML-CMP-1100
5]KERNEX MICRO-CMP 183
6]KALINDEE RAIL-CMP 205
7]STONE INDIA-BSE
Selective short term buying can be considered, if markets hold firm above 4766 NIFTY

Pre Budget Rally on Cards

The immediate crucial level for the Nifty is 4766. A close above this level on 8.2.10, will signal a rally upto 5000 till budget.
Otherwise it can go down to around 4650 levels to test the 200 DMA.In that scenario, it is most likely to find a support and bounce back.Short covering also is expected to aid the rally.If market closes below the 200 DMA,it is very bearish and long term trend will become negative. However, this is still unlikely.
Stock specific short term long positions can be considered if market manages above 4766 Nifty levels.
Rail related stocks like BEML,Stone India etc can climb up till Rail Budget.
OMC stocks like BPCL, HPCL & IOC can be on the uptrend on hopes of Petrol price decontrol, price hike news of petro products and subdued price of crude oil.
Agricultural & Export oriented companies are expected to benefit from the Union Budget as is the case with Education related companies.
We will try to provide more stock specific analysis in the coming days.

Market at Cross Roads

Markets had lost all the crucial supports and experts are predicting deeper correction.
However, they are in extremely oversold territory and in the last leg of F&O expiry. Hence a rebound is on cards. The rally may be used for getting out of long positions, as the trend may become bearish for short term players.
Correction can be used an opportunity for fundamentally strong scrips at lower valuations.

Havells, EIL already charting high !

Our todays themes Havells & EIL had spiked in the morning trades itself. More gains expected for patient investors.

Themes for 27 th-29th Jan 2010

Markets all over the world went into a tailspin during the last 4-5 trading sessions, and Indian Market was no exception. The Nifty lost more than 250 points and closed at a weak technical position around 5007.

However, I feel that the market is ripe for a fast recovery as the markets are near the oversold levels & F&O expiry is round the corner. Traders can buy beaten down stocks for quick profits on short covering. The shares which had shown strength in the weak market are worth looking for medium term investments. A high risk contrarian call on L&T [Buy] for trading for 1-3 days may be considered after carefully analyzing the market, on signs of recovery.

Shares of Havells India, Sical, Bharathi Airtel, Idea Cellular, and Engineers India may be considered for short to medium term investments.

Golden Picks in last 10 days!

Our Golden PICKS IN THE PAST 10 DAYS:
1-Hindustan Copper
2-Engineers India
3-Infosys Tech

Engineers India, Hind Copper On Fire!

EIL & HIND COPPER CONTINUE THEIR STUPENDOUS GAINS TODAY ALSO. PROFIT TAKING ADVISED AT THE SIGN OF ANY WEAKNESS, AND PROTECT YOUR POSITIONS WITH STOPLOSSES.
CHENNAI PETRO & BEML ARE ALSO INCHING FORWARD, AND EXPECTED TO STRENGTHEN.

Hind Copper Sky Rockets !!

Our two days old buy- Hindustan Copper recommended at around 367 had alreaded zoomed to Rs.440.00 now!

Hindustan Copper Surges

Our buy call Hind Copper has a hit a high of Rs.404 today, against a buy price of Rs.366.9.

Engineers India on Upper Freez!

Our buy call EIL had clocked 20% surge to day to be frozen on upper band. Current Price is at a whopping Rs.2082 !

Engineers India Surpasses Target Well in Advance

Engineers India's One Month Target of Rs.1750.00 given on 11.1.2010 surpassed within 3 days! A sure hit call.

Fetching Excellent Returns

Engineers India surges to peak of 1790 TODAY; An almost Rs200 increase from purchase price!

BEML jumps to 1155, a decent appreciation from 1137 levels.

Ranbaxy touches 520.9, AGAIN A Rs.10 JUMP FROM PURCHASE PRICE.

Madras Cements Touches Rs 139.6, a Rs.10 JUMP FROM PURCHASE PRICE.

Infosys is steady after huge run in past 2 days.

PLEASE BOOK PROFITS ON PROFITABLE POSITIONS.

Market Close

Markets had recovered from today's losses and closed with reasonable gains.
Our today's Recommendations had done well with the following Improvements

1]Ranbaxy- Recommended at 511- Present Value-516- +1.0%
2]Madras Cements Recommended at 130-Present Value-137.4- 5.7%
3]Chennai Petro- Recommended at Rs.234-Present Value- 234.4

It may be recalled that our catch 2 days back- Infosys has surged its way near to 2700 mark- all the way from the pick up price of Rs.2465.00, A gain of +9.1%

Engineers India Had also done extremely well in todays trade.

Await for Tommorrows Pick in this spot!!!

Review

Our Day's recommendation Madras Cements hits a day High of Rs.133.80 and Ranbaxy Rs-516.75.

Infosys hits a high

Infosys at Day's High-Rs.2639.00

Review of Recommendations

Our Buy Calls Infosys & Engineers India are going Strong. BEML also shows a lot of strength & had hit a high of Rs.1156 just now. Ranbaxy & Chennai Petro are expected to improve further.

Market Close

Markets Closed very weak, but two of our recommendations had done extremely well ie Infosys and Engineers India. Both closed extrmely strong.

Other recommendations - BEML hit a high of 1157, Suzlon a high of 95.6 and Garware Wall Ropes a high of 72.5- Not a bad deal.

Infosys

Infosys on a roll. Book Profits on my buy call.

Engineers India

We recommended this for today. The share has hit a high of Rs.1669 in morning trades itself.

Infosys

Infosys had posted better than expected results & the stock is on fire! It had appreciated 5% or Rs.120 in two days with our recommendation. Happy investing for those who had acted on our tips!!!

Stock Ideas for 12.01.2010

1] Stock – Garware Wall Ropes
CMP- 71.75
Target- 80.00 [ One Week]
Stoploss- 67
Clue- Stock Hits 52 Week High on 11.1.10
2] Stock –BEML
CMP-1137
Target-1250 [ One Month]
Stoploss- 1090
Clue- Run up to the Rail Budget
3] Stock –Engineers India
CMP-1630
Target-1750 [ One Month]
Stoploss- 1590
Clue- Stock Surpasses 52 Week High on 11.1.10 with ease.
4] Stock –Suzlon Energy
CMP- 94.6
Target-105 [ 2Week-1 Month]
Stoploss- 91
Clue- Big Positive News from China

Review of Earlier Recommendations

Review of Recommendations Given on 11.1.10. Please book profit in all the positions
Prices as on close of 11.1.10

1] Stock- Unitech- Recommended Price-86.5- Current-90.4 -+4.6 %

2] Stock -Hindustan Copper- Recommended Price-360.9-Current-380- +5.2 %

3] Stock – NTPC- Recommended Price-230-Current-233- +1.3 %

4] Stock -Infosys Technologies- Recommended Price-2465-Current-2488-+ 0.93 %

5] Stock -Reliance Industries- Recommended Price-1102-Current-1081- [-1]1.9 %

Investment Ideas on 11.1.2010

Stock- Reliance Industries
Buy at CMP-1102
Targets-1135, 1200, 1240 [two weeks to three months]
Stoploss-1078
Clue- LB Deal

Stock- Infosys Technologies
Buy at CMP-2465
Targets- 2550 [One week]
Stoploss-2380
Clue- Stock oversold, Q3 Results on 12.1.2010

Stock- NTPC
Buy at CMP-230
Targets-240, 250, 265 [ One week to two months]
Stoploss-224
Clue-FPO Issue in February


Stock- Power Grid Corporation
Buy at CMP-114
Targets- 130 [One month]
Stoploss-107
Clue - NTPC FPO Issue in February

Stock- Hindustan Copper
Buy on declines- CMP-360.9
Targets- 380-410-450 [One month to three months]
Clue - Copper prices on a surge

Stock- Unitech
Buy at CMP-86.5
Targets- 92-96-104-110-115 [One month to three months]
Stoploss-78
Clue - Real Estate flavor is back, Stock coming out of consolidation