Sep 7, 2007

Delivery Pick's .... 07/09/07

Buy ( @ Cmp ) : Delivery Call : Medium Term

Buy Reliance Capital ( @ Cmp )

Target 1 -- 1275
Target 2 -- 1290
Target 3 -- 1325 +
Stoploss -- 1210

Note : Reliance Capital is a diversified Finance Company with its presence from Mutual funds to Broking,General Insurance.Reliance Capital has a very strong Cash surplus on its balance sheet which indiactes towards a strong postion the company is in at this point of time.

Reliance Capital with a surplus cash on its balance sheet is a Strong Bonus Candidate in near future.

The 3 month target for this stock (Till Dec) -- 1500 +
The 6 month target for this Stock (Till Mar) -- 1750+

All investors who are building their investment portfolio can buy this stock on every decline for a very great future.

If the market corrects the stock might take a support in the range of 1130 - 1155 will give a good buying opportunity at that point of time.


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