Saturday, July 4, 2009

Brokerage Recommendations 1 July 2009

Brokerage Recommendations 1 July 2009

Buy SBI with a target of Rs 1800, says Anu Jain of India Infoline, on CNBC TV18. The stock is currently trading at Rs 1779, up 2.17% on the BSE.

Buy Indiabulls Real Estate with a target of Rs 295-310 and stop loss of Rs 190, says Husseini Wadharia of Techno Shares on CNBC Awaaz. The stock is currently trading at Rs 209, up 7.28% on the BSE.

Buy Chambal Fertilisers around Rs 66 with a short-term target of Rs 80, medium-term target of Rs 85 and stop loss of Rs 55, says Simi Bhaumik, technical analyst, on Zee Business. The stock is currently trading at Rs 65, down 2.15% on the BSE.

Hold Nifty long with stop loss of 4270 and target of 4440, says Akshata Deshmukh, technical analyst, on Zee Business, as closing market strategy. Buy MTNL with a target of Rs 110 and stop loss of Rs 92, she adds.

Hold Nifty long above 4360 with stop loss below 4320 and target of 4420, says Rahul Mohindar, technical analyst, on CNBC-TV18, as closing market strategy.

Sell July Nifty futures with stop loss of 4340 and target of 4260, says Prakash Gaba, technical analyst, on CNBC-TV18, as closing market strategy.

Hold July Nifty futures with stop loss of 4274 and target of 4358, says Rajat Bose, technical analyst, on CNBC Awaaz, as closing market strategy.

The market continues to trade volatile and is seeing profit booking at higher levels. Sensex is trading at 14614, up 120 points and Nifty is at 4333, up 41 points from the previous close. CNX Midcap index is up 0.67% and BSE Smallcap index is down 0.05%. The market breadth is negative with advances at 543 against declines of 673 on the NSE.

In an F&O call, buy Nifty July futures with a target of 4380 and stop loss of 4320, says Salil Sharma, technical analyst, on CNBC Awaaz. We are positive on the market and if RIL rallies so will the market, he adds.

In an F&O call, buy Nifty July futures with a target of 4382-4450 and stop loss of 4309, says Mitesh Thakkar, technical analyst, on CNBC Awaaz. Go long once Nifty crosses 4350, he adds.

In an F&O call, sell Nifty July futures with a target of 4200 and stop loss of 4450, says Sandeep Wagle of Angel Broking on CNBC Awaaz. This call is for the next two-three days, he adds.

Buy Nagarjuna Fertiliser around Rs 40 with a short-term target of Rs 50, medium-term target of Rs 55 and stop loss of Rs 34, says Simi Bhaumik, technical analyst, on Zee Business. The stock is currently trading at Rs 40, down 0.37% on the BSE.

Buy Bharti Airtel with a target of Rs 850-870 and stop loss of Rs 795, says Husseini Wadharia of Techno Shares on CNBC Awaaz. The stock is currently trading at Rs 828, up 3.32% on the BSE.

Buy JP Hydro around Rs 89 with a short-term target of Rs 110, medium-term target of Rs 120 and stop loss of Rs 78, says Simi Bhaumik, technical analyst, on Zee Business. The stock is currently trading at Rs 90, up 0.73% on the BSE.

Buy HUL with a target of Rs 295-310 and stop loss of Rs 230, says Husseini Wadharia of Techno Shares on CNBC Awaaz. The stock is currently trading at Rs 273, up 2.21% on the BSE.

The market is likely to continue to trade volatile and see some more correction, says Simi Bhaumik, technical analyst, on Zee Business. Till Nifty is able to hold above 4150 there is no reason for worry, she adds.

The market continues to look fine. Sensex is trading at 14626, up 136 points and Nifty is at 4335, up 43 points from the previous close. CNX Midcap index is up 0.54% and BSE Smallcap index is down 0.35%. The market breadth is negative with advances at 513 against declines of 684 on the NSE.

Sell BEML with a target of Rs 1065 and stop loss of Rs 1125, says Raj Kishore Bang, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 1070, down 0.11% on the BSE.

Buy IFCI with a target of Rs 70 and keep a stop loss of Rs 45, says Simi Bhaumik, technical analyst, on Zee Business. The stock is currently trading at Rs 53, 1.15% on the BSE.

Buy Bank of Baroda with stop loss closing below Rs 420, says Neera Jain of crnindia.com on NDTV Profit. The stock is currently trading at Rs 449, up 0.99% on the BSE.

Buy Bank of Baroda with a target of Rs 466, says Ashwani Gujral, technical analyst, on CNBC-TV18. The stock is currently trading at Rs 449, up 0.99% on the BSE.

Buy Navneet Publications with a target of Rs 88 and stop loss of Rs 76, says Raj Kishore Bang, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 82, up 8.9% on the BSE.

Hold TCS for gains of 15-20% in 6 months, says Gajendra Nagpal of Unicon Financial on NDTV Profit. The stock is currently trading at Rs 393.75, up 1% on the BSE.

Hold Era Infra with target of Rs 145, says Prakash Gaba, technical analyst, on CNBC Awaaz. Keep stop loss of Rs 100, he adds. It has resistance at Rs 112, he says. The stock is currently trading at Rs 110.25, up 0.8% on the BSE.

Buy Tulip Telecom with target of Rs 1100, says Kiran Jadhav, technical analyst, on NDTV Profit. Keep stop loss of Rs 810 on a day-end closing basis, he adds. The stock is currently trading at Rs 860, up 1.9% on the BSE.

Do not buy Hindalco at the moment, says Sudarshan Sukhani, technical analyst, on CNBC TV18. If the Nifty slides even a little bit more and breaks 4200 then this stock will come down to Rs 65, he adds. The stock is currently trading at Rs 82.50, down 4.6% on the BSE.

I expect the market to be volatile ahead of the budget which will hold the key for further direction, says Anup Bagchi of ICICI Securities on CNBC TV18. While we are seeing some positive signs globally, key indicators like jobless claims data is still negative, he adds. He advises booking partial profits.

Hold Dena Bank with target of Rs 72, says MB Singh, technical analyst, on Zee Business. Keep stop loss of Rs 50, he adds. It has resistance at Rs 62, he says. The stock is currently trading at Rs 55.15, down 0.9% on the BSE.

Hold RNRL with targets of Rs 110 and then 134, says Kiran Jadhav, technical analyst, on NDTV Profit. Keep strict stop loss of Rs 80 below which exit, he adds. The stock is currently trading at Rs 82, down 2.3% on the BSE.

Hold Bank of Baroda with target of Rs 466, says Mitesh Thacker, technical analyst, on CNBC TV18. The stock is currently trading at Rs 444.75, down 0.1% on the BSE.

Hold United Spirits with stop loss of Rs 860 and target of Rs 1000, says Prakash Gaba, technical analyst, on CNBC Awaaz. Long-term investors can keep target of Rs 1400, he adds. The stock is currently trading at Rs 884, up 1.3% on the BSE.

Hold Anu's Lab and exit when it comes to Rs 32, says Pradeep Surekha, technical analyst, on Zee Business. Keep stop loss of Rs 25, he adds. It is a weak stock, he says. The stock is currently trading at Rs 28.55, down 3.2% on the BSE.

Hold Siemens with target of Rs 600, says MB Singh, technical analyst, on Zee Business. Keep stop loss of Rs 440, he adds. The stock is currently trading at Rs 482.25, up 2.1% on the BSE.

Buy PNB with intra-day target of Rs 715, says Mitesh Thacker, technical analyst, on CNBC TV18. The stock is currently trading at Rs 672.10, down 0.8% on the BSE.

Buy Bajaj Hindustan on any dip, says Mehraboon Irani of Centrum Broking on CNBC Awaaz. He is very bullish on sugar stocks. The stock is currently trading at Rs 198.60, down 2.8% on the BSE.

Hold L&T with target of Rs 1700 at which level book part profit, says MB Singh, technical analyst, on Zee Business. Keep stop loss of Rs 1430, he adds. The stock is currently trading at Rs 1564.85, down 0.2% on the BSE.

Hold Sterlite Industries with target of Rs 680-700, says Pradeep Surekha, technical analyst, on Zee Business. It has good support at Rs 553, he adds. The stock is currently trading at Rs 605.35, down 0.4% on the BSE.

Buy Tata Motors with stop loss below Rs 285, says Rajat Bose, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 295, up 1.3% on the BSE.

Buy Indian Bank with target of Rs 160, says Ashwani Gujral, technical analyst, on CNBC Awaaz. Keep stop loss of Rs 138 , he adds. The stock is currently trading at Rs 146, down 0.2% on the BSE.

Hold IFCI with targets of Rs 63 and then 67, says Pradeep Surekha, technical analyst, on Zee Business. Keep stop loss of Rs 49, he adds. The stock is currently trading at Rs 53.10, up 1.3% on the BSE.

Buy Lupin with intra-day target of Rs 835, says Anil Singhvi, market expert, on CNBC Awaaz. Keep stop loss of Rs 815, he adds. The stock is currently trading at Rs 824.70, up 0.9% on the BSE.

Buy Shriram Transport with intra-day target of Rs 315, says Anil Singhvi, market expert, on CNBC Awaaz. Keep stop loss of Rs 300, he adds. The stock is currently trading at Rs 301, up 0.2% on the BSE.

Buy BHEL only for trading purpose, says Pradeep Surekha, technical analyst, on Zee Business. It has resistance at Rs 2250, 2260 and 2270 and support at Rs 2180, he adds. The stock is currently trading at Rs 2231.10, up 1.2% on the BSE.

Buy Dabur India with target of Rs 133, says Anu Jain, technical analyst, on CNBC TV18. Keep stop loss of Rs 125, she adds. The stock is currently trading at Rs 125.55, up 0.4% on the BSE.

Buy Punj Lloyd with intra-day target of Rs 225, says Anil Singhvi, market expert, on CNBC Awaaz. Keep stop loss of Rs 209, he adds. The stock is currently trading at Rs 213.85, up 2% on the BSE.

Sell RNRL with intra-day target of Rs 80, says Anil Singhvi, market expert, on CNBC Awaaz. Keep strict stop loss of Rs 84.50, he adds. The stock is currently trading at Rs 82.40, down 1.9% on the BSE.

The market opens on a reasonably positive note today. Earlier, US closed on a subdued note while Asia is trading firm. Sensex is trading at 14571, up 79 points from its previous close, and Nifty is at 4315, up 24 points. CNX Midcap index is down 2.6% and BSE Smallcap index is up 0.2%. The market breadth is positive with advances at 363 against declines of 199 on the NSE.

Sell Welspun Gujarat at Rs 195 with target of Rs 182, says Simi Bhaumik, technical analyst, on Zee Business. Keep stop loss of Rs 197, she adds. The stock is at Rs 192.65, down 9.2% on the BSE.

Sell Unitech at Rs 81 with target of Rs 75, says Simi Bhaumik, technical analyst, on Zee Business. Keep stop loss of Rs 82, she adds. The stock is at Rs 79.60, down 6.7% on the BSE.