Videocon Industries - Hold on for now. Leaders in consumer segment. Stock will trade in sideways. Rs 190 is the stop loss to be maintained.
GCPL - Will continue to look out for new acquisition. Acquisitions will add Rs 60 Cr to the bottom line of FY 2011- Claimed by Adi Godrej.
Buy Auto stocks on dips. Reason - Strong auto sales, economy is recovering, good monsoon.
Tech Mahindra - Hold with a stop loss of Rs 720.00 They have huge amount of exposure in Euro Zone. They are expanding in Africa and other parts of world. Use Dips to buy, if it breaks the resistance level it may go upto Rs 850.00
Clutch Auto - Has resistance at Rs 75 if it breaks it can go up to Rs 160 levels. On the lower side keep a stop loss at Rs 55
Geoinfo - BUY GEOINFO (CMP: Rs88.2) with a target of Rs.135
Petronet - SELL PETRONET (CMP: Rs78.2) with a target of Rs.56
Mahindra Lifespace - It can go up to Rs 533 in the short but keep a stop loss of Rs 450. They have good number of project and very good land bank.
Gujrat NRE Coke - Mining companies are under pressure. It is largest producer of mining coke. It is good for longer term and for medium term is hold. It has support at Rs 55.
BFUTILIT - BUY BFUTILIT (CMP: Rs726) with a target of Rs.765 and stop loss of Rs.688.
Uttam Galva - Hold on with a stop loss of Rs 99.00 Arcelor Mittal recently added bought 5% in this company.
Ashok Leyland - Good stock to add in your portfolio at this price. Stop loss is Rs 50 and immediate resistance is at Rs 70.
NHPC Ltd - Stop loss - Rs 29 target - Rs 36
ITC - It has a target of Rs 360
Indian Overseas Bank - It has a short term target of Rs 120.00
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