Jun 29, 2007

Stock Pick's ... 29/06/07

BUY ( Medium term Call ) : Delivery

Buy ITC ( @ CMP )

Target 1 - 158
Target 2 - 163
Stoploss - 149.50

Itc has consolidated at current levels for longtime the stock has been giving some positive signs of a technical pullback from this levels.Fundamentals of the stock are good.

Itc is planning to list its IT arm " ITC INFOTECH " in the near future.This move will give a new boost to the stock in near future

Read more on this : http://www.stocktrendz.net/search/label/ITC%20Infotech

Note : Long term investors and invest in small quantity at this levels with 8 to 12 month target of 190 +

Stocktrendz
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