Dec 10, 2007

Delivery Pick's ... 10/12/07

The markets saw very volatile session in lasy week with some underperforming session like sugar & IT were in full swing stocks like Infosys,Wipro saw huge surge in stock prices along with Bajaj hindustan & Balrampur chinni attracting huge buying Interest.

Micaps saw good volume buying with counter like Steel,Power & oil&gas being in thick of the action.

Buy Tata Elxsi ( CMP @ 275 )

Target 1 -- 290
Target 2 -- 305
Target 3 -- 325 +

Note : Good fundamental stock to invest with minimal exposure to Dollar effect.Stock will see good volumes in coming time if IT sector sees a turnaround in coming weeks.

Stock Pick's in Tata group for long term Investors.

Tata Sponge
Tata Metaliks

Telecom Sector will see good buying in coming weeks with government speeding up the procces of spectrum Allocation. We remain bullish On this sector with long term investment & shareholder value unlocking. Our top pick's in this sector are
Idea Cellular & RCOM.

Buy MTNL ( CMP @ 177 )

Target 1 -- 187
Target 2 -- 193
Target 3 -- 200 +
Stoploss -- 168.50

We Remain very Cautious on sugar sector & advice all our investor to book profit on every rise and exit keeping the least expoure in this sector.

Realestate Sector will Out perfrom in coming time & will see surge in near future. Our view reamains on this sector is bullish Top Pick's in this sector are DLF,Sobha Developers & Unitech.


1 comment: said...

I think your blog is really great. I think that your analysis and incorporation of fundamental data is very thorough. I know that the blog is solely for India markets, but it would be nice to hear your take on American markets as well.


Lindsay at