Jan 18, 2010

Stock Review .... 18/01/10

With Result Season Starting on bullish note were Infosys Delivered Excellent Result Followed by TCS gave the Stock market some stability and a positive outlook for the coming Q4 quarter.

Government Being very upbeat With the disinvestment Program in coming months will keep the market live. With NTPC, REC coming out with FPO's along with NMDC & SJV will issue fresh paper to investors. Engineers India & Hindutan Copper are seeing huge volumes on back of strong buying on govt disinvestment program.

Stocks picks.....

MTNL -- Target -- 110+
Sterlite Industries -- Target -- 1025+
Indian Oil Corp -- Target -- 410+
Aditya Birla Nuvo -- Target -- 1020+
Sahyadri Industries -- Target -- 140, 170+
Mphasis -- Target -- 825+
ICICI Bank -- Target -- 930+
Tata Steel -- Target -- 710+
Reliance Infra -- Target -- 1250+

Multibagger Picks...

Tide Water Oil
Bhushan Steel
Jindal Steel & Power
Bharati Shipyard
Hindustan Zinc
Reliance Industrial Infra Ltd
Punjab National Bank
AIA Engineering
Transforms & Rectifiers
BGR Energy

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