Monday, June 1, 2009

Brokerage Recommendations 1st June 2009

Brokerage Recommendations 1st June 2009

Buy Everonn System with a short-term target of Rs 375 and long-term target of Rs 550 and stop loss of Rs 310, says MB Singh, technical analyst, on Zee Business. The stock is currently trading at Rs 344, up 3.9% on the BSE.

Buy Sesa Goa with a target of Rs 190-240 and stop loss of Rs 160, says MB Singh, technical analyst, on Zee Business. The stock is currently trading at Rs 169, up 2% on the BSE.

Buy RIIL around Rs 1184 with a target of Rs 1450 and stop loss of Rs 1095, says MB Singh, technical analyst, on Zee Business. The stock is currently trading at Rs 1164, up 4% on the BSE.

Buy Suzlon with a target of Rs 125 plus and keep a stop loss of Rs 85, says Neera Jain of crnindia.com, on CNBC Awaaz. The stock is currently trading at Rs 113, up 16% on the BSE.

Buy Biocon Industries with a target of Rs 240-260 in 15 days and stop loss of Rs 175, says Prasad Kushe, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 185, up 2.4% on the BSE.

Buy Wipro with a target of Rs 417 and stop loss of Rs 390, says Prakash Gaba, technical analyst, on CNBC Awaaz, as closing market strategy. Buy Nifty June Futures with target of 4560 and stop loss of 4510, he adds.

Buy Crompton Greaves with a target of Rs 325 and stop loss of Rs 270, says Ashwani Gujral, technical analyst, on CNBC Awaaz, as closing market strategy.

In the banking space, buy BoI, PNB, SBI and BoB for good long-term gains, says Gaurang Shah of Geojit BNP Paribas, on NDTV Profit.

Buy Unitech around Rs 86 with a short-term target of Rs 108, medium-term target of Rs 152 and stop loss of Rs 72, says MB Singh, technical analyst, on Zee Business. The stock is currently trading at Rs 92, up 15.2% on the BSE.

Buy Voltas with a target of Rs 135 plus and keep a stop loss of Rs 90, says Neera Jain of crnindia.com, on CNBC Awaaz. The stock is currently trading at Rs 115, up 17% on the BSE.

Buy Praj Industries around Rs 111 with a short-term target of Rs 135, medium-term target of Rs 140 and stop loss of Rs 98, says MB Singh, technical analyst, on Zee Business. The stock is currently trading at Rs 111, up 2.3% on the BSE.

Hold Satyam with a target of Rs 57-61-75 where one can exit and stop loss of Rs 52, says Hitendra Vasudeo, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 56, up 6% on the BSE.

Buy Suzlon around Rs 109 with a short-term target of Rs 118, medium-term target of Rs 150-175 and stop loss of Rs 90, says MB Singh, technical analyst, on Zee Business. The stock is currently trading at Rs 110, up 13.11% on the BSE.

The market is holding on to its gains and trading firm. Sensex is trading at 14830, up 208 points and Nifty is at 4525, up 76 points from the previous close. CNX Midcap index is up 2.32% and BSE Smallcap index is up 2.99%. The market breadth is positive with advances at 1010 against declines of 249 on the NSE.

Buy Sobha Developers with a target of Rs 203 and one can add more for long-term, keep a stop loss of Rs 195 (for long-term stop loss is Rs 188), says MB Singh, technical analyst, on Zee Business. The stock is currently trading at Rs 199, up 3.4% on the BSE.

Buy SAIL with a target of Rs 191 and stop loss of Rs 150, says Hitendra Vasudeo, technical analyst, on CNBC Awaaz. This is a fundamentally good stock and can be accumulated on dips for long-term gains and partial profits can be booked in rallies, he adds. The stock is currently trading at Rs 174, up 1% on the BSE.

Hold Indiabulls Real Estate with a target of Rs 270-320 and book partial profits at higher levels, says MB Singh, technical analyst, on Zee Business. The stock is currently trading at Rs 252, up 2.5% on the BSE.

Buy Inox Leisure with a target of Rs 119 and stop loss of Rs 104, says Anil Singhvi, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 110, up 2.5% on the BSE.

Buy JP Associates with a target of Rs 245, says Ashwani Gujral, technical analyst, on CNBC TV18. The stock is currently trading at Rs 212, up 2.3% on the BSE.

Buy Adlabs with a target of Rs 400 and stop loss of Rs 335, says Anil Singhvi, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 377, up 1.5% on the BSE.

Buy JP Hydro with a target of Rs 85-87, says Ashwani Gujral, technical analyst, on CNBC TV18. The stock is currently trading at Rs 73, up 3.9% on the BSE.

Buy Reliance Communications with a target of Rs 340, says Hemant Thukral, technical analyst, on CNBC TV18. The stock is currently trading at Rs 322, up 5.3% on the BSE.

The Asian markets had a good session and Euopean markets opened positive. Good global cues help our market power ahead. Sensex is trading at 14838, up 212 points and Nifty is at 4529, up 80 points from the previous close. CNX Midcap index is up 2.42% and BSE Smallcap index is up 2.82%. The market breadth is positive with advances at 1013 against declines of 250 on the NSE.

Buy Noida Toll Bridge with a target of Rs 48 and stop loss of Rs 39, says Anil Singhvi, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 41, up 4.3% on the BSE.

Buy Kesoram Industries with a target of Rs 320 and stop loss of Rs 300, says a technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 309, up 2% on the BSE.

Buy Taj GVK with a target of Rs 112 and stop loss of Rs 90, says Anil Singhvi, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 107, up 14% on the BSE.

Buy Apollo Hospitals around Rs 520 with a target of Rs 530-550, says Pankaj Pandey of ICICI Securities, on NDTV Profit. The stock is currently trading at Rs 522, up 1.8% on the BSE.

Buy Cairn India with a target of Rs 260 and keep a stop loss of Rs 227, says Salil Sharma of Kapoor & Sharma Company on NDTV Profit. The stock is currently trading at Rs 248, up 7% on the BSE.

The market may see some consolidation at higher levels around 14625 for the Sensex, says Pankaj Pandey of ICICI Securities, on NDTV Profit. If Sensex level of 14727 is broken the market is headed for 15580, he adds.

Buy Dewan Housing with a target of Rs 150, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 144, up 10% on the BSE.

Buy Tata Communications with a target of Rs 550 and stop loss of Rs 450, says Ashwani Gujral, technical analyst, on CNBC TV18. The stock is currently trading at Rs 482, up 2.1% on the BSE.

Buy Suzlon with a target of Rs 125, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 104, up 7% on the BSE.

Voltas has bagged two orders worth Rs 300 crore, reports CNBC TV18. The stock is currently trading at Rs 109, up 11.9% on the BSE.

Buy RIL with a target of Rs 2360-2370, says Salil Sharma of Kapoor & Sharma Company on NDTV Profit. The stock is currently trading at Rs 2294, up 0.72% on the BSE.

Buy Lanco Infra with a target of Rs 425, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 360, down 2% on the BSE.

Buy Suzlon with a target of Rs 115 and stop loss of Rs 90, says Rajesh Jain of SMC Global Securities on Zee Business. The stock is currently trading at Rs 105, up 8% on the BSE.

Buy Voltas with a target of Rs 120, says Prakash Gaba and stop loss of Rs 94, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 108, up 11% on the BSE.

Buy GMR Infra with a target of Rs 200 and stop loss of Rs 155, says Ashwani Gujral, technical analyst, on CNBC TV18. The stock is currently trading at Rs 167, up 1.7% on the BSE.

Buy Unitech with a target of Rs 100, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 82, up 4% on the BSE.

Buy Suzlon with a target of Rs 120, says Ashwani Gujral, technical analyst, on CNBC TV18. The stock is currently trading at Rs 104, up 7% on the BSE.

Buy DLF with a target of Rs 450, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 420, up 4.1% on the BSE