Tuesday, June 2, 2009

Brokerage Recommendations 2 June 2009

Buy Adlabs on dips with a target of Rs 450-500 in 10-12 months, says Ashish Kukreja, market expert, on CNBC Awaaz. The stock is currently trading at Rs 388, down 1% on the BSE.

Sell DLF with a target of Rs 397 and keep a stop loss of Rs 427, says Hemen Kapadia, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 404, down 2.4% on the BSE.

Hold Aban Offshore with a target of Rs 970 then it could go to Rs 1200-1300 and keep a stop loss of Rs 825, says Nitin Murarka of SMC Global Securities on Zee Business. The stock is currently trading at Rs 955, up 2.3% on the BSE.

Sell Power Grid with a target of Rs 110 and keep a stop loss of Rs 122, says Hemen Kapadia, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 119, down 0.21% on the BSE.

Nifty has resistance at 4600-4680 and maintain a stop loss below 4570, says Rajat Bose, technical analyst, on CNBC TV18.

Sell SBI with a target of Rs 1795 and keep a stop loss of Rs 1855, says Hemen Kapadia, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 1901, up 1.1% on the BSE.

Hold DLF with a target of Rs 515-520 where one can exit, says Akshita Deshmukh, technical analyst, on Zee Business. The stock is currently trading at Rs 407, down 1.7% on the BSE.

Hold SAIL with a target of Rs 220-240 and keep a stop loss of Rs 150, says Nitin Murarka of SMC Global Securities on Zee Business. The stock is currently trading at Rs 178, up 1.84% on the BSE.

Hold Unitech with a target of Rs 115-120 where one can exit, says Akshita Deshmukh, technical analyst, on Zee Business. The stock is currently trading at Rs 89, down 2.6% on the BSE.

Hold Praj Industries with a target of Rs 140-145 and keep a stop loss of Rs 105, says Nitin Murarka of SMC Global Securities on Zee Business. The stock is currently trading at Rs 114, down 4% on the BSE.

Hold JK Cements with a target of Rs 125 and keep a stop loss of Rs 110, says Prasad Kushe, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 112, up 6% on the BSE.

Hold IRB Infra with a target of Rs 180-190 and keep a stop loss of Rs 135, says Nitin Murarka of SMC Global Securities on Zee Business. The stock is currently trading at Rs 140, down 6% on the BSE.

Hold JP Associates with a target of Rs 229 and then it could go to Rs 280 where one can exit, says Prasad Kushe, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 215, down 2.3% on the BSE.

Hold Neyveli Lignite with a target of Rs 160 where one can book 50% profits and keep a stop loss of Rs 125, says Nitin Murarka of SMC Global Securities on Zee Business. The stock is currently trading at Rs 138, down 3.9% on the BSE.

Hold Suzlon with a target of Rs 125 and keep a stop loss of Rs 90, says Neera Jain of crnindia.com on NDTV Profit. The stock is currently trading at Rs 110, down 1.7% on the BSE.

Buy NTPC with a target of Rs 240-250 and keep a stop loss of Rs 210, says Nitin Murarka of SMC Global Securities on Zee Business. The stock is currently trading at Rs 222, down 2.4% on the BSE.

Hold Bharti Airtel with a target of Rs 1000-1200 and keep a stop loss of Rs 750, says Prasad Kushe, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 799, down 0.7% on the BSE.

Buy BHEL, Reliance Capital and Suzlon and hold in portfolio for good long-term gains, says Gajendra Nagpal of Unicon Finance on NDTV Profit.

The Asian markets closed muted while European markets have opened in the negative. After a gap up start today our market is taking a pause. Sensex is trading at 14615, down 224 points and Nifty is at 4455, down 74 points from the previous close. CNX Midcap index is down 0.72% and BSE Smallcap index is down 0.43%. The market breadth is negative with advances at 455 against declines of 812 on the NSE.

Hold Ambuja Cements with a target of Rs 120, says Rajesh Jain of SMC Global Securities on CNBC Awaaz. The stock is currently trading at Rs 100, up 2.2% on the BSE.

Buy BHEL with a target of Rs 2770 where one can exit and keep a stop loss of Rs 1900, says Prasad Kushe, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 2119, down 0.3% on the BSE.

Hold Voltas with a target of Rs 140, says Rajesh Jain of SMC Global Securities on CNBC Awaaz. The stock is currently trading at Rs 125, up 4.9% on the BSE.

The market had run up too fast and was getting ahead of fundamentals, says Gajendra Nagpal of Unicon Finance, on NDTV Profit. A correction in the market is welcome and post this correction the market will be on a firmer footing, he feels.

Hold Unitech with a target of Rs 116 where one can exit, says Prasad Kushe, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 92, up 0.5% on the BSE.

Hold Tata Motors with a target of Rs 360 where one can exit and keep a stop loss of Rs 325, says Nitin Murarka of SMC Global Securities on Zee Business. The stock is currently trading at Rs 346, up 2.4% on the BSE.

Buy ENIL with a target of Rs 240 and then it could see a fresh upmove and keep a stop loss of Rs 190, says Prasad Kushe, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 230, up 3% on the BSE.

Buy Balaji Telefims around Rs 98 with a short-term target of Rs 120, medium-term target of Rs 140 and stop loss of Rs 90, says Nitin Murarka of SMC Global Securities on Zee Business. The stock is currently trading at Rs 70, up 6.2% on the BSE.

Buy Reliance Communications with a target of Rs 350 and keep a stop loss of Rs 300, says Rajesh Jain of SMC Global Securities on CNBC Awaaz. The stock is currently trading at Rs 315, down 1.7% on the BSE.

Buy Ambuja Cement around Rs 98 with a short-term target of Rs 120, medium-term target of Rs 140 and stop loss of Rs 90, says Nitin Murarka of SMC Global Securities on Zee Business. The stock is currently trading at Rs 100, up 2.5% on the BSE.

Buy Bombay Dyeing with a target of Rs 385 and keep a stop loss of Rs 345, says Rajesh Jain of SMC Global Securities on CNBC Awaaz. The stock is currently trading at Rs 362, down 1.6% on the BSE.

Buy Maharashtra Seamless around Rs 265 with a short-term target of Rs 295, medium-term target of Rs 330 and stop loss of Rs 240, says Nitin Murarka of SMC Global Securities on Zee Business. The stock is currently trading at Rs 252, down 4.7% on the BSE.

Buy Strides Arcolab with a target of Rs 155 and keep a stop loss of Rs 135, says Rajesh Jain of SMC Global Securities on CNBC Awaaz. The stock is currently trading at Rs 131, down 5.6% on the BSE. » Send to friends

10:43 AM - Sell Unitech as it will see profit booking around Rs 95 and then it could go down to Rs 87, says Rajat Bose, technical analyst, on CNBC TV18. The stock is currently trading at Rs 93, up 0.9% on the BSE.

Buy Mahindra & Mahindra with a target of Rs 820, says Ashwani Gujral, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 733, up 3.3% on the BSE.

Buy Moser Baer with a target of Rs 125 and keep a stop loss of Rs 93, says Rajesh Jain of SMC Global Securities on CNBC Awaaz. The stock is currently trading at Rs 101, up 0.4% on the BSE.

Buy Voltas with a target of Rs 135, says Rajat Bose, technical analyst, on CNBC TV18. The stock is currently trading at Rs 125, up 6.18% on the BSE.

Buy Rolta with a target of Rs 155 and keep a stop loss of Rs 120, says Rajesh Jain of SMC Global Securities on CNBC Awaaz. The stock is currently trading at Rs 133, up 2.1% on the BSE.

Buy Opto Circuits with a target of Rs 200 and stop loss of Rs 175, says a technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 186, up 5.1% on the BSE.