Dec 27, 2008

Stock Pick's ..... 27/12/08

Markets have seen very turbulent times in the past few months. Many stock have been so badly hit that the Valuation have come to the cheapest price possible. This weakness in the markets have thrown good opportunity to investor to put money in the stock which they always wanted to buy but counld not do the as the valuation were too high when the sensex was at it highs of 20000. Some stock which can be picked for investment for near term to long term.

Buy Satyam Computers ( CMP @ 135.65 )

The Stock Recently touched the life time low of 114.55 on the back of the news of taking over the family owned business of maytas infra & maytas properties for $1.6bn which saw opposition from all including the FII's, Mutual funds & Other Investors. This Up roar made the management rethink & trace back in the decision.

Target 1 -- 145.50
Target 2 -- 151
Target 3 -- 160+
Stoploss -- 131.50

With Long term investment Strategy one can buy small quantity & average it with the price gap of Rs.25. On the downside satyam can test levels of 120 or below if the news flow from the management is not optimistic.

Note : Stoploss is for intraday traders & Can be revised if target 2 is achieved in the early trading session

Other Stock Pick's:

Tata Chemicals
Bajaj Hindustan
Sterlite Industries

We Change The Way You Invest

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