Sunday, June 28, 2009

Brokerage Recommenations 25th Jun 2009

Buy IDBI Bank with a target of Rs 140-165 and stop loss of Rs 95, says Hardik Jain of ISJ Securities, on CNBC Awaaz. The stock is currently trading at Rs 113, down 0.75% on the BSE.

Buy Voltamp Transformers with a medium term target of Rs 900-925, says Srikant Chouhan of Kotak Securities, on CNBC TV18. The stock is currently trading at Rs 753, down 1.36% on the BSE.

Maintain Nifty short with a target of 4210-4170 and stop loss of 4280, says Rahul Mohindar, technical analyst, on CNBC TV18, as closing strategy.

Buy Nifty with a target of 4350 and stop loss of 4150, says Ashwani Gujral, technical analyst, on CNBC TV18, as closing strategy.

Sell SBI with a target of Rs 1660 and stop loss of Rs 1720, says Nishant Jain of Tradeswift, on CNBC Awaaz, as closing strategy.

Sell Nifty Futures with a target of 4200 and stop loss of 4300, says Prakash Gaba, technical analyst, on CNBC Awaaz, as closing strategy.

The market is trading volatile and Nifty is finding it difficult to cross 4450, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. If Nifty breaks down to 4100 then 3850 is possible, he adds. There could be a 5-7% up or down side on Nifty, he feels.

The market continues to trade volatile and is trending lower. Sensex is trading at 14293, down 127 points and Nifty is at 4235, down 57 points from the previous close. CNX Midcap index is down 0.40% and BSE Smallcap index is down 0.44%. The market breadth is positive with advances at 632 against declines of 594 on the NSE.

In an F&O call, don't take an intra-day trading call but for a week, buy Nifty July futures with a target of 4450 and stop loss of 4150, says Ashwani Gujral, technical analyst, on CNBC Awaaz.

In an F&O call, buy Punj Lloyd July futures with a target of 226-230 and stop loss of 193, says Hemant Thukral, technical analyst, on CNBC Awaaz.

In an F&O call, sell Nifty July futures with a target of 4235 and stop loss of 4325, says Prsad Kushe, technical analyst, on CNBC Awaaz. If Nifty weakens further to 4210 then it could hit a bottom at 4155, he adds.

In an F&O call, sell Nifty July futures with a target of 4220 and stop loss of 4310, says Nishant Jain of Tradeswift, technical analyst, on CNBC Awaaz.

Buy KS Oils with a target of Rs 65-66 and then it can go to Rs 74-75, says Akshata Deshmukh, technical analyst, on Zee Business. The stock is currently trading at Rs 60, down 1.24% on the BSE.

Buy KS Oils with a target of Rs 70 and stop loss of Rs 58, says Hardik Jain of ISJ Securities, on CNBC Awaaz. The stock is currently trading at Rs 60, down 1.24% on the BSE.

Buy BHEL on dips with a target of Rs 2320 and if that is crossed it will rally further, says Salil Sharma of Kapoor & Sharma Company, on Zee Business. The stock is currently trading at Rs 2177, down 0.75% on the BSE.

Buy Essar Oil with a target of Rs 190 and stop loss of Rs 155, says Hardik Jain of ISJ Securities, on CNBC Awaaz. The stock is currently trading at Rs 163, down 1.5% on the BSE.

Buy Alstom Projects with a target of Rs 1000 in the long term, says Prasad Kushe, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 490, down 0.13% on the BSE.

Sell Kotak Mahindra Bank July Futures with a target of Rs 540 and stop loss of Rs 640, says Hardik Jain of ISJ Securities, on CNBC Awaaz. The stock is currently trading at Rs 626, up 2.9% on the BSE.

Hold Great Offshore with a target of Rs 435 and if it closes above that it can go to Rs 500, says Simi Bhaumik, technical analyst, on Zee Business. The stock is currently trading at Rs 414, up 1.23% on the BSE.

Buy Sintex Industries July Futures with a target of Rs 230 and stop loss of Rs 207, says Hardik Jain of ISJ Securities, on CNBC Awaaz. The stock is currently trading at Rs 210, up 0.36% on the BSE.

The sugar stocks look good for medium term and one can buy Renuka Sugar, Balrampur Chini and Bajaj Hindustan for an 18-20% upside in the next 9-12 months, says Vijay Bhambwani, technical analyst, on CNBC TV18.

Hold Spice Jet with a target of Rs 21-27 then a further upmove and stop loss of Rs 15, says Simi Bhaumik, technical analyst, on Zee Business. The stock is currently trading at Rs 20, up 1.5% on the BSE.

Hold Axis Bank with stop loss of Rs 722, says Vasudeo Kamlakant, technical analyst, on NDTV Profit. It has resistance at Rs 800-850 crossing which it can go to Rs 900, he adds. The stock is currently trading at Rs 787, up 2.5% on the BSE.

Book profits in Punj Lloyd, says DD Sharma of Anand Rathi Securities on CNBC Awaaz. Buy again when it comes to Rs 120-150, he adds. The stock is currently trading at Rs 212, up 1.77% on the BSE.

The market may see a pullback as the rise has been too fast, says Shankar Sharma of First Global on CNBC TV18. Dollar will be the most important cue for the market, he feels. He is bullish on commodities.

The medium-term trend looks positive as corporate results will improve over the next two quarters, says A Murugappan of ICICI Securities on CNBC TV18. He expects a strong government to push through significant reforms over the next few months. I hope budget will give direction to these reforms, he adds. However, he believes that the delay in monsoon remains the key concern for the markets.

The Asian markets are trading in the positive while European markets have opened week. Our market is seeing a choppy session with F&O expiry today. Sensex is trading at 14500, up 78 points and Nifty is at 4300, up 7 points from the previous close. CNX Midcap index is up 0.86% and BSE Smallcap index is up 1.26%. The market breadth is positive with advances at 879 against declines of 338 on the NSE.

Buy Reliance Petroleum at Rs 110-120 with target of Rs 150-160, says Vasudeo Kamlakant, technical analyst, on NDTV Profit. Keep stop loss of Rs 98, he adds. The stock is currently trading at Rs 124.55, up 0.4% on the BSE.

Hold Punj Lloyd with target of Rs 233, says Ashwani Gujral, technical analyst, on CNBC TV18. It has decent support at Rs 180, he adds. The stock is currently trading at Rs 214.10, up 2.4% on the BSE.

Hold Essar Oil with target of Rs 200, says Vasudeo Kamlakant, technical analyst, on NDTV Profit. Keep stop loss of Rs 143, he adds. The stock is currently trading at Rs 165.90, up 0.1% on the BSE.

Hold Ruchi Soya for long term with stop loss of Rs 37, says Raj Kishore Bang, technical analyst, on CNBC Awaaz. Short-term investors should exit, he adds. The stock is currently trading at Rs 43.90, up 1.3% on the BSE.

Hold KS Oil with target of Rs 75, says PK Agarwal of Purpleline Investment on Zee Business. Keep stop loss of Rs 50, he adds. The stock is currently trading at Rs 61.75, up 1.2% on the BSE.

Buy Unitech with targets of Rs 100 and then 130, says Ashwani Gujral, technical analyst, on CNBC TV18. Keep stop loss of Rs 65, he adds. The stock is currently trading at Rs 83.15, up 6.6% on the BSE.

Hold Tata Steel with stop loss of Rs 380, says Vasudeo Kamlakant, technical analyst, on NDTV Profit. It has resistance at Rs 429 and 450 crossing which it can go to Rs 502, he adds. The stock is currently trading at Rs 399.95, down 1.6% on the BSE.

Hold Balrampur Chini with target of Rs 120-125, says Rahul Mohinder, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 106.60, up 0.4% on the BSE.

The market at noon is trading volatile, on the day of F&O expiry. Asia continues to trade firm. Sensex is trading at 14459, up 37 points from its previous close, and Nifty is at 4295, up 2 points. CNX Midcap index is up 0.8% and BSE Smallcap index is up 1.2%. The market breadth is negative with advances at 854 against declines of 332 on the NSE.

WPI for all commodities is up 0.6% at 234.2(WoW), reports NDTV Profit. Primary Articles Index is up 0.1%, Manufactured Index up 1% and Fuel Index up 0.4%(WoW), it adds.

The inflation figure for the week ended June 13 has been announced at -1.14% versus the earlier figure of -1.61% for week ended June 6, reports NDTV Profit.

Hold ABB with target of Rs 800-1000 in the long term, says PK Agarwal of Purpleline Investment on Zee Business. Keep stop loss of Rs 670, he adds. The stock is currently trading at Rs 758.05, up 0.4% on the BSE.

Hold Tata Teleservices with target of Rs 49, says Ashwani Gujral, technical analyst, on CNBC TV18. It has good support at Rs 34 and resistance at Rs 41, he adds. The stock is currently trading at Rs 40.40, up 5.4% on the BSE.

Hold HCC and exit on rally at Rs 120-125, says MB Singh, technical analyst, on Zee Business. Keep stop loss of Rs 95, he adds. The stock is currently trading at Rs 104, up 1.3% on the BSE.

India and China remain in a bull market, says Robin Griffiths of Cazenove Cap Management on CNBC TV18. However, he feels that with the Sensex rising almost 100% from October lows, one should book some profits. Correction to 12000 would provide the next long-term buying opportunity at which point one should buy and hold, he advises.

Hold Rei Agro with target of Rs 76, says Ashwani Gujral, technical analyst, on CNBC TV18. The stock is currently trading at Rs 72.90, up 4% on the BSE.

Hold Bank of India with medium-term target of Rs 375, says PK Agarwal of Purpleline Investment on Zee Business. Keep stop loss of Rs 300, he adds. The stock is currently trading at Rs 345.75, down 0.2% on the BSE.

Hold Jaiprakash Associates and book partial profits at Rs 235-240, says MB Singh, technical analyst, on Zee Business. Hold the rest with stop loss of Rs 185, he adds. The stock is currently trading at Rs 218.65, up 2.5% on the BSE.

Buy Chambal Fertilisers with target of Rs 70, says Siddharth Bhamre of Angel Broking on CNBC TV18. It has support at Rs 62, he adds. The stock is currently trading at Rs 64.90, up 0.2% on the BSE.

Hold Suzlon Energy with target of Rs 125-130, says Rajesh Jain of SMC Global Securities on CNBC Awaaz. It has strong support at Rs 110, he adds. The stock is currently trading at Rs 120.40, up 3.2% on the BSE.

Hold LIC Housing Finance with target of Rs 650-700, says MB Singh, technical analyst, on Zee Business. Keep stop loss of Rs 590, he adds. The stock is currently trading at Rs 636.80, down 0.3% on the BSE. » Send to friends

Buy Gujarat Alkalis with intra-day target of Rs 125, says Anil Singhvi, market expert, on CNBC Awaaz. Keep stop loss of Rs 106, he adds. The stock is currently trading at Rs 111.75, up 3.6% on the BSE.

Buy Balrampur Chini at above Rs 110 with target of Rs 119, says Rajat Bose, technical analyst, on CNBC TV18. Keep stop loss of Rs 106, he adds. The stock is currently trading at Rs 108.40, up 2.1% on the BSE.

Buy Tata Tele with intra-day target of Rs 47, says Anil Singhvi, market expert, on CNBC Awaaz. Keep stop loss of Rs 38, he adds. The stock is currently trading at Rs 40.25, up 5% on the BSE.

Buy SAIL with target of Rs 175, says Ashwani Gujral, technical analyst, on CNBC Awaaz. Keep stop loss of Rs 141, he adds. The stock is currently trading at Rs 149.50, up 0.5% on the BSE.

Buy Wellspun Gujarat with intra-day target of Rs 220, says Anil Singhvi, market expert, on CNBC Awaaz. Keep stop loss of Rs 208, he adds. The stock is currently trading at Rs 209, down 0.1% on the BSE.

Buy BHEL at Rs 2194 with target of Rs 2250, says Simi Bhaumik, technical analyst, on Zee Business. Keep stop loss of Rs 2170, she adds. The stock is at Rs 2225, up 1.5% on the BSE.

Buy Jaiprakash Associates at Rs 213 with target of Rs 220, says Simi Bhaumik, technical analyst, on Zee Business. Keep stop loss of Rs 209, she adds. The stock is at Rs 213.40, up 6% on the BSE.

Buy Tata Motors at Rs 357 with target of Rs 368, says Simi Bhaumik, technical analyst, on Zee Business. Keep stop loss of Rs 352, she adds. The stock is at Rs 357, up 4.2% on the BSE.