Sunday, June 28, 2009

Brokerage Recommendations 24 Jun 2009

Brokerage Recommendations 24 Jun 2009

Buy IDBI July Futures with a target of Rs 135-140 and stop loss of Rs 95, says Hardik Jain of ISJ Securities, on CNBC Awaaz. The stock is currently trading at Rs 113, up 4.2% on the BSE.

Buy Yes Bank with a target of Rs 152-164 and stop loss of Rs 128, says Husseini Wadharia of Techno Shares on CNBC Awaaz. The stock is currently trading at Rs 140, up 0.29% on the BSE.

Buy Essar Oil July Futures with a target of Rs 190 and stop loss of Rs 155, says Hardik Jain (ISJ Securities) on CNBC Awaaz. The stock is currently trading at Rs 165, up 1.47% on the BSE.

Buy Petronet LNG with a target of Rs 82 and stop loss of Rs 70, says Ashwani Gujral, technical analyst, on CNBC Awaaz, as closing market strategy.

Buy Nifty futures with target of 4390 and stop loss of 4285, says Prakash Gaba, technical analyst, on CNBC Awaaz, as closing market strategy.

Buy Nifty with a target of 4380 by Thursday and stop loss of 4250, says Nitin Muraka of SMC Global Securities on Zee Business, as closing market strategy. Buy JP Associates with a target of Rs 225 and stop loss of Rs 205, he adds.

Buy IVRCL Infra with a target of Rs 352 and stop loss of Rs 299, says Husseini Wadharia of Techno Shares on CNBC Awaaz. The stock is currently trading at Rs 327, up 7.5% on the BSE.

Buy RIL around Rs 2000 with a short-term target of Rs 2185, medium-term target of Rs 2200 and stop loss of Rs 1950, says Simi Bhaumik, technical analyst, on Zee Business. The stock is currently trading at Rs 2009, down 0.32% on the BSE.

The market correction seems to be done, says Vijay Bhambwani, technical analyst, on CNBC TV18. Nifty 4450 is a trend determining level and if it sustains above that level then market is likely to resume its rally, he adds.

The market continues to trade firm. Sensex is trading at 14445, up 121 points and Nifty is at 4299, up 52 points from the previous close. CNX Midcap index is up 2.19% and BSE Smallcap index is up 2.33%. The market breadth is positive with advances at 985 against declines of 258 on the NSE.

In an F&O call, buy Nifty with a target of 4350-4390 and stop loss of 4240, says Prakash Gaba, technical analyst, on CNBC Awaaz. There seems some upmove left in the market, he adds.

In an F&O call, buy Nifty with a target of 4360-4440 and stop loss of 4200, says Neera Jain of crnindia.com, on CNBC Awaaz. Nifty is looking ready to go up in the short term, she adds.

In an F&O call, sell Nifty with a target of 4000 and stop loss of 4400, says Raj Kishore Bang, technical analyst, on CNBC Awaaz. Short Nifty at current levels and this strategy is for the next 7-10 days, he adds.

In an F&O call, sell Nifty with a target of 4200 and stop loss of 4380, says Sudarshan Sukhani, technical analyst, on CNBC Awaaz. This call is for the next two days, he adds.

Buy Power Grid with a target of Rs 125-135 and stop loss of Rs 98, says Husseini Wadharia of Techno Shares on CNBC Awaaz. The stock is currently trading at Rs 107, down 0.9% on the BSE.

Buy SAIL around Rs 145 with a short-term target of Rs 165, medium-term target of Rs 170 and stop loss of Rs 140, says Simi Bhaumik, technical analyst, on Zee Business. The stock is currently trading at Rs 147, down 0.17% on the BSE.

Buy Biocon with a target of Rs 235 and stop loss of Rs 199, says Husseini Wadharia of Techno Shares on CNBC Awaaz. The stock is currently trading at Rs 213, up 6.9% on the BSE.

Buy SBI around Rs 1700 with a short-term target of Rs 1820, medium-term target of Rs 1840 and stop loss of Rs 1650, says Simi Bhaumik, technical analyst, on Zee Business. The stock is currently trading at Rs 1717, up 0.51% on the BSE.

The market has recovered and is looking good. Sensex is trading at 14430, up 105 points and Nifty is at 4291, up 44 points from the previous close. CNX Midcap index is up 2.06% and BSE Smallcap index is up 2.18%. The market breadth is positive with advances at 956 against declines of 268 on the NSE.

Buy Unitech on dips with a target of Rs 89-100 and stop loss of Rs 71-60, says Simi Bhaumik, technical analyst, on Zee Business. The stock is currently trading at Rs 78, up 2.5% on the BSE.

Hold ABG Shipyard with a target of Rs 240 after which it can go to Rs 321, says Kiran Jhadav of Precision Technicals on UTVi. The stock is consolidating in a range of Rs 200-240, a breakout above Rs 240 will see it rally further, he adds. The stock is currently trading at Rs 214, up 0.61% on the BSE.

Buy ONGC on dips for both trading and investment purpose, says Rajesh Agarwal, market expert, on Zee Business. The stock is currently trading at Rs 1035, up 0.83% on the BSE.

Hold HFCL with a target of Rs 17 and stop loss of Rs 11, says Simi Bhaumik, technical analyst, on Zee Business. The stock is currently trading at Rs 13, up 2.5% on the BSE.

Buy ONGC with stop loss of Rs 998, says Rajat Bose, technical analyst, on CNBC Awaaz. If it crosses Rs 1030 then it will go up to Rs 1070 and then 1091, he adds. The stock is currently trading at Rs 1037, up 1.13% on the BSE.

We will move with the global cues in the near term, says Anu Jain, technical analyst, on CNBC TV18. She feels that the internal strength has toned down.

Hold IVRCL Infra and exit on rally at Rs 340, says MB Singh, technical analyst, on Zee Business. Keep stop loss of Rs 280, he adds. The stock is currently trading at Rs 319, up 4.7% on the BSE.

Hold HPCL with targets of Rs 311 and then 340, says Prakash Gaba, technical analyst, on CNBC Awaaz. Keep stop loss of Rs 295, he adds. The stock is currently trading at Rs 304, down 1.2% on the BSE.

Buy Gateway Distriparks with target of Rs 138, says Kiran Jadhav, technical analyst, on NDTV Profit. Keep stop loss of Rs 98 on day-end-closing basis, he adds. The stock is currently trading at Rs 106.50, down 1.7% on the BSE.

Buy IOC, BPCL and HPCL on dips with long-term view, says Devarsh Vakil of Anagram Stock Broking on NDTV Profit. These stock will give 50% returns from the current levels, he adds.

Hold Power Grid with target of Rs 160-170 in the long term, says MB Singh, technical analys, on Zee Business. Buy more on dips, he adds. The stock is currently trading at Rs 108.40, up 1% on the BSE.

Hold Gujarat NRE Coke with trailing stop loss of Rs 42, says Kiran Jadhav, technical analyst, on NDTV Profit. It has resistance at Rs 85-90, he adds. The stock is currently trading at Rs 50, up 0.2% on the BSE.

Hold IDFC with targets of Rs 145 and then 155, says Mitesh Thacker, technical analyst, on CNBC TV18. The stock is currently trading at Rs 133.55, down 1.9% on the BSE.

Hold Voltamp with target of Rs 830, says Pradeep Surekha, technical analyst, on Zee Business. Keep stop loss of Rs 660, he adds. The stock is currently trading at Rs 758.25, up 0.2% on the BSE.

Hold Opto Circuits and buy more on dips, says Sanjeev Panda of Karvy Stock Broking on CNBC Awaaz. The business model of the company is good and it will give good returns in the long term, he adds. The stock is currently trading at Rs 155, down 0.7% on the BSE.

Hold Cairn India and exit when it comes to Rs 280-285, says Prakash Gaba, technical analyst, on CNBC Awaaz. Long-term investors should stay away. The stock is currently trading at Rs 231, up 0.7% on the BSE.

Buy McLeod Russel with short-term target of Rs 114 and medium-term target of Rs 164-180, says Rajat Bose, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 115, up 3.6% on the BSE.

Buy Andhra Petrochemicals for double the returns twice a year, says Pradeep Surekha, technical analyst, on Zee Business. The stock is currently trading at Rs 14.95, up 4.9% on the BSE.

Buy LIC Housing Finance on dips with target of Rs 650-660, says Anu Jain, technical analyst, on CNBC TV18. The stock is currently trading at Rs 625, up 4.2% on the BSE.

Buy Moser Baer with target of Rs 100, says Pradeep Surekha, technical analyst, on Zee Business. Keep stop loss of Rs 84.50, he adds. The stock is currently trading at Rs 92.30, down 0.3% on the BSE.

Buy Elder Pharmaceuticals with intra-day target of Rs 255, says Anil Singhvi, market expert, on CNBC Awaaz. Keep stop loss of Rs 240, he adds. The stock is currently trading at Rs 249, up 3.2% on the BSE.

Buy IndusInd Bank on dips at Rs 82-83 with target of Rs 103-105, says Mitesh Thacker, technical analyst, on CNBC TV18. Keep stop loss of Rs 75-76, he adds. The stock is currently trading at Rs 85.90, down 4% on the BSE.

Buy Balrampur Chini at Rs 89-93, says Rajat Bose, technical analyst, on CNBC Awaaz. It has resistance at Rs 106 crossing which it will show good upmove, he adds. The stock is currently trading at Rs 103.05, up 3.4% on the BSE.

Hold JP Hydro with targets of Rs 88 and then 95, says Pradeep Surekha, technical analyst, on Zee Business. Keep stop loss of Rs 75, he adds. The stock is currently trading at Rs 85, down 0.9% on the BSE.

Buy Educomp with intra-day target of Rs 3200, says Anil Singhvi, market expert, on CNBC Awaaz. Keep stop loss of Rs 3075, he adds. The stock is currently trading at Rs 3155, up 2.3% on the BSE.

Buy Petronet LNG at Rs 72 or current levels with target of Rs 81-90 in couple of days, says Anu Jain, technical analyst, on CNBC TV18. Keep stop loss of Rs 72, she adds. The stock is currently trading at Rs 75, up 1.5% on the BSE.

Buy Great Offshore with target of Rs 600, says Rajat Bose, technical analyst, on CNBC Awaaz. It has resistance at Rs 425 and is technically sound, he adds. The stock is currently trading at Rs 424.15, up 2.6% on the BSE.

Buy Wockhardt with intra-day target of Rs 140, says Anil Singhvi, market expert, on CNBC Awaaz. Keep stop loss of Rs 130.50, he adds. The stock is currently trading at Rs 136, up 3.8% on the BSE.

Buy BHEL at Rs 2131 with target of Rs 2175, says Simi Bhaumik, technical analyst, on Zee Business. Keep stop loss of Rs 2115, she adds. The stock is currently trading at Rs 2148, up 0.6% on the BSE.

Buy Reliance Capital Futures with target of Rs 930, says Hemen Kapadia, technical analyst, on CNBC TV18. Keep stop loss of Rs 885, he adds. The stock is at Rs 895.70, down 0.3% on the BSE.

Buy Firstsource with intra-day target of Rs 28, says Anil Singhvi, market expert, on CNBC Awaaz. Keep stop loss of Rs 25.50, he adds.

Buy SAIL at Rs 148 with target of Rs 153, says Simi Bhaumik, technical analyst, on Zee Business. Keep stop loss of Rs 145, she adds. The stock is at Rs 148.20, up 0.5% on the BSE.