Wednesday, June 17, 2009

Brokerage Recommendations 17th June 2009

Sell Shipping Corporation with target of Rs 115, says Rajesh Jain of SMC Global Securities on CNBC Awaaz. Keep stop loss of Rs 136, he adds. The stock is at Rs 124.60, down 4.7% on the BSE.

Buy Sesa Goa at Rs 180 with target of Rs 220, says Rajesh Jain of SMC Global Securities on CNBC Awaaz. Keep stop loss of Rs 160, he adds. The stock is at Rs 187.55, down 6.6% on the BSE

Buy Gruh Finance at Rs 180 with target of Rs 230, says Hitendra Vasudev, technical analyst, on CNBC Awaaz. Keep stop loss of Rs 166, he adds. The stock is at Rs 185.25, up 6.5% on the BSE.

Sell Wipro with target of Rs 360, says Rajesh Jain of SMC Global Securities on CNBC Awaaz. Keep stop loss of Rs 405, he adds. The stock is at Rs 378, down 4.8% on the BSE.

Hold Jaiprakash Associates with short-term target of Rs 245-250, says Rahul Mohinder, technical analyst, on CNBC TV18. Keep stop loss of Rs 200, he adds. The stock is currently trading at Rs 205, down 6.3% on the BSE.

Buy Rolta with target of Rs 165, says Rajesh Jain of SMC Global Securities on CNBC Awaaz. Keep stop loss of Rs 125, he adds. The stock is currently trading at Rs 132, down 7.8% on the BSE. » S

Hold IRB Infra with stop loss of Rs 127, says Hitendra Vasudev, technical analyst, on CNBC Awaaz. It has resistance at Rs 151-161, he adds. The stock is currently trading at Rs 136, down 0.04% on the BSE.

Buy Corporation Bank with target of Rs 345, says Rajesh Jain of SMC Global Securities on CNBC Awaaz. Keep stop loss of Rs 300, he adds. The stock is currently trading at Rs 317, up 0.2% on the BSE.

Buy Jyothi Laboratories on dips with target of Rs 150 in 12 months, says Ashish Kukreja, market expert, on CNBC Awaaz. The stock is currently trading at Rs 109.25, down 6.5% on the BSE. » Send to friends

Buy Dish TV with targets of Rs 51 and then 60, says Rahul Mohinder, technical analyst, on CNBC TV18. Keep stop loss of Rs 39, he adds. The stock is currently trading at Rs 39.40, down 3.8% on the BSE.

Buy Satyam at Rs 83, says MB Singh, technical analyst, on Zee Business. Keep short-term target of Rs 115 and medium-term target of Rs 140, he adds. The stock is currently trading at Rs 80.20, down 0.4% on the BSE.

Buy Balrampur Chini with targets of Rs 116 and then 122, says Husseini Wadharia of Techno Shares on CNBC Awaaz. Keep stop loss of Rs 100, he adds. The stock is currently trading at Rs 103, down 1.4% on the BSE.

Buy Voltamp Transformers with target of Rs 900 in 12 months, says Kamlesh Kotak, market expert, on CNBC TV18. The stock is currently trading at Rs 768, down 2% on the BSE.

Buy Voltas at Rs 123 with stop loss of Rs 118, says Simi Bhaumik, technical analyst, on Zee Business. Keep short-term target of Rs 131 and medium-term target of Rs 144, she adds. The stock is currently trading at Rs 125, down 1.5% on the BSE.

Buy YES Bank with targets of Rs 152 and then 161, says Husseini Wadharia of Techno Shares on CNBC Awaaz. Keep stop loss of Rs 129, he adds. The stock is currently trading at Rs 133.50, down 1.8% on the BSE.

Hold Cairn India with target of Rs 320, says MB Singh, technical analyst, on Zee Business. Keep stop loss below Rs 200, he adds. The stock is currently trading at Rs 234.30, down 2.8% on the BSE.

Buy SBI at Rs 1700 with stop loss of Rs 1670, says Simi Bhaumik, technical analyst, on Zee Business. Keep short-term target of Rs 1765 and medium-term target of Rs 1820, she adds. The stock is currently trading at Rs 1678.05, down 2.1% on the BSE.

Buy Jet Airways at Rs 230 with target of Rs 360, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 265, up 1.1% on the BSE.

Buy GMR Infra on dips and hold for long term, says Ashish Kapur of Invest Shoppe on NDTV Profit. Fundamentally, it is a strong stock, he adds. The stock is currently trading at Rs 149.50, down 1.3% on the BSE.

Buy Allahabad Bank at Rs 70 with target of Rs 102, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 79.65, down 1.7% on the BSE.

Hold Ispat Industries with stop loss below Rs 20, says Simi Bhaumik, technical analyst, on Zee Business. It has resistance at Rs 30 crossing which it can go high, she adds. The stock is currently trading at Rs 25 on the BSE.

Hold NTPC with target of Rs 280, says Kiran Jadhav, technical analyst, on NDTV Profit. Keep stop loss of Rs 208, he adds. The stock is currently trading at Rs 223.25, down 0.5% on the BSE.

Buy Unitech at Rs 91-93 with stop loss of Rs 84, says MB Singh, technical analyst, on Zee Business. Keep short-term stop loss of Rs 108 and medium-term target of Rs 130, he adds. The stock is currently trading at Rs 90.15, up 1.4% on the BSE.

Hold Power Grid which has resistance at Rs 124, says Salil Sharma, technical analyst, on CNBC Awaaz. New investors should buy only if it crosses Rs 125, he adds. The stock is currently trading at Rs 124.25, up 1.4% on the BSE.

Hold Satyam which will cross Rs 100 in 3-6 months, says Sheshadri Bhartan, market expert, on CNBC Awaaz. The stock is currently trading at Rs 82.65, up 2.6% on the BSE.

Invest in tea and sugar stocks, says Mehraboon Irani of Centrum Broking on CNBC Awaaz. These are safe stocks and will give good returns, he adds.

Book profits in IVRCL Infra and buy again on declines, says Ashish Maheshwari of Global Capital Market on CNBC Awaaz. The stock is currently trading at Rs 334.95, up 3.1% on the BSE.

Hold Everest Kanto with stop loss of Rs 199, says Pradeep Surekha, technical analyst, on Zee Business. If Nifty sustains above 4400 level then this stock will give good returns, he adds. The stock is currently trading at Rs 206.50, down 1.5% on the BSE.

Buy Great Offshore at Rs 390-410 with target of Rs 550, says MB Singh, technical analyst, on Zee Business. Keep stop loss of Rs 345, he adds. The stock is currently trading at Rs 399.65, up 1.% on the BSE.

Buy Hindustan Unilever with target of Rs 283 in swing trade, says Anu Jain, technical analyst, on CNBC TV18. Keep stop loss of Rs 259, she adds. The stock is currently trading at Rs 260.10, down 1.1% on the BSE.

Hold IFCI with targets of Rs 66 and then 85, says MB Singh, technical analyst, on Zee Business. Keep stop loss of Rs 44, he adds. The stock is currently trading at Rs 54.75, down 1.1% on the BSE.

Buy Tech Mahindra which is in a good uptrend now, says Rajat Bose, technical analyst, on CNBC Awaaz. Keep short-term target of Rs 860-880 and long-term target of Rs 1000, he adds. The stock is currently trading at Rs 783.10, down 1% on the BSE.

The market is driven purely by liquidity and the bias remains positive, says Devesh Kumar of Centrum Broking on CNBC TV18. He believes that the Sensex can go up to 16000 ahead of the budget.

Hold Reliance Infrastructure which has resistance at Rs 1290 crossing which it can go to Rs 1360, says Salil Sharma, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 1308, up 3.1% on the BSE.

Hold Satyam which has resistance at Rs 82 crossing which it can go to Rs 110, says Salil Sharma, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 82.70, up 2.7% on the BSE.

Buy Balrampur Chini with intra-day target of Rs 115, says Anil Singhvi, market expert, on CNBC Awaaz. Keep stop loss of Rs 103, he adds. The stock is currently trading at Rs 105.50, up 1% on the BSE.

Buy Andhra Petrochemicals at Rs 11-12, says Pradeep Surekha, technical analyst, on Zee Business. It can give 50% returns in one year, he adds. The stock is currently trading at Rs 15.45, up 4.8% on the BSE.

Buy Essar Oil with intra-day target of Rs 180, says Anil Singhvi, market expert, on CNBC Awaaz. Keep stop loss of Rs 165, he adds. The stock is currently trading at Rs 166.50, up 5.2% on the BSE.

Buy Satyam at current levels, says Rajat Bose, technical analyst, on CNBC Awaaz. If it crosses Rs 90 then it will show good upmove, he adds. The stock is currently trading at Rs 80.55, up 5% on the BSE.

Buy Hindalco with target of Rs 120, says Anu Jain, technical analyst, on CNBC TV18. Keep stop loss of Rs 96.50, she adds. The stock is currently trading at Rs 99, up 3.3% on the BSE.

Sell BPCL with intra-day target of Rs 435, says Anil Singhvi, market expert, on CNBC Awaaz. Keep stop loss of Rs 452, he adds. The stock is currently trading at Rs 447.20, up 3.9% on the BSE.

Sell DLF if it breaks Rs 345, says Rahul Mohinder, technical analyst, on CNBC TV18. Keep target of Rs 310-315, he adds. The stock is currently trading at Rs 353.30, up 0.3% on the BSE.

Buy Henkel India with intra-day target of Rs 25, says Anil Singhvi, market expert, on CNBC Awaaz. Keep stop loss of Rs 20.50, he adds. The stock is currently trading at Rs 20.90, up 6.6% on the BSE.


Buy Satyam at Rs 80.55 with target of Rs 85, says Simi Bhaumik, technical analyst, on Zee Business. Keep stop loss of Rs 77, she adds. The stock is at Rs 80.55, up 5% on the BSE.

Buy IFCI at Rs 55.35 with target of Rs 59, says Simi Bhaumik, technical analyst, on Zee Business. Keep stop loss of Rs 53.70, she adds. The stock is at Rs 55.35, up 7.3% on the BSE.