Monday, August 3, 2009

Brokerage Recommendations 22 July 2009

Brokerage Recommendations 22 July 2009

Buy Suzlon with a target of Rs 106 and stop loss of Rs 84-76, says Anil Maghnani, technical analyst, on Zee Bsuiness. The stock is currently trading at Rs 91, up 0.55% on the BSE.

Buy Welspun Gujarat with a target of Rs 233 and stop loss of Rs 190, says Mitesh Thakkar, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 200, up 4.3% on the BSE.

Buy HUL with a target of Rs 282 and stop loss of Rs 263, says Akshata Deshmukh, technical analyst, on Zee Business, as closing market strategy.

Buy Indiabulls Real Estate with a target of Rs 234 and stop loss of Rs 212, says Akshata Deshmukh, technical analyst, on Zee Business, as closing market strategy.

Buy Reliance Communications with a target of Rs 230-245 and stop loss of Rs 279, says Hitendra Vasudeo, technical analyst, on CNBC Awaaz, as closing market strategy. » Send to friends


In an F&O call, sell Nifty July futures with a target of 432 and stop loss of 4475, says NIshant Jain, technical analyst, on CNBC Awaaz.

In an F&O call, sell Nifty July futures with a target of 4375-4335 and stop loss of 4490, says Shrikant Chouhan, technical analyst, on CNBC Awaaz.

In an F&O call, sell Nifty July futures with a target of 4300-4250 and stop loss of 4560, says Hitendra Vasudeo, technical analyst, on CNBC Awaaz. He advises sell on rallies.

In an F&O call, buy Nifty July futures with a target of 4600 and stop loss of 4300, says Hardik Jain, technical analyst, on CNBC Awaaz. As long as Nifty trades above 4300, the market will head upwards after short-term weakness, he says.

Buy GMR Infra with a target of Rs 152-155 and stop loss of Rs 135, says Mitesh Thakkar, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 138, up 0.51% on the BSE.

Buy Uttam Galva with a target of Rs 63 and stop loss of Rs 53, says Amarjeet Singh, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 59, up 2.9% on the BSE.

Buy Maruti Suzuki with a target of Rs 1290 and stop loss of Rs 1209, says Amarjeet Singh, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 1230, down 0.80% on the BSE.

Buy JP Hydro around Rs 82.70 with a short-term target of Rs 95, medium-term target of Rs 100 and stop loss of Rs 70, says Simi Bhaumik, technical analyst, on Zee Business. The stock is currently trading at Rs 80, down 0.49% on the BSE.

Buy Punj Lloyd with a target of Rs 249.50 and stop loss of Rs 223.30, says Amarjeet Singh, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 237, up 2.8% on the BSE.

Buy Essar Oil around Rs 138 with a short-term target of Rs 165, medium-term target of Rs 170 and stop loss of Rs 120, says Simi Bhaumik, technical analyst, on Zee Business. The stock is currently trading at Rs 136, down 2.3% on the BSE.

Buy PFC with a target of Rs 239 and stop loss of Rs 218, says Amarjeet Singh, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 219, down 2.88% on the BSE.

Hold Mahindra Holidays as it is looking positive, says MB Singh, technical analyst, on Zee Business. Keep stop loss of Rs 320, he adds. The stock is currently trading at Rs 351, down 0.29% on the BSE.

Buy Tech Mahindra with short-term target of Rs 900, says Prakash Gaba, technical analyst, on CNBC Awaaz. Keep stop loss of Rs 740, he adds. The stock is currently trading at Rs 783, down 3.43% on the BSE.

Hold HUL with a target of Rs 280 and stop loss of Rs 263, says Salil Sharma of Kapoor & Sharma Company on CNBC Awaaz. The stock is currently trading at Rs 267, down 0.85% on the BSE. » Send to friends


Buy Jindal Steel around Rs 2700 with a short-term target of Rs 2850, medium-term target of Rs 3100 and stop loss of Rs 2600, says Rajesh Jain of SMC Global Securities on Zee Business. The stock is currently trading at Rs 2810, up 0.27% on the BSE.

Hold Gujarat Ambuja Export and exit at Rs 25, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. Keep stop loss of Rs 14, he adds. The stock is currently trading at Rs 19, up 3.54% on the BSE.

Hold IFCI with target of Rs 65, says Prakash Gaba, technical analyst, on CNBC Awaaz. Keep stop loss of Rs 46, he adds. The stock is currently trading at Rs 48, down 2.51% on the BSE.

Buy Oracle Finance around Rs 1290 with a short-term target of Rs 1380, medium-term target of Rs 1450 and stop loss of Rs 1230, says Rajesh Jain of SMC Global Securities on Zee Business. The stock is currently trading at Rs 1300, down 1.04% on the BSE.

Buy Axis Bank as it is good for both short and long-term investment, says Ashish Kapur of Invest Shoppe on CNBC Awaaz. The stock is currently trading at Rs 864, down 2.04% on the BSE.

Hold Glenmark Pharma with target of Rs 320 in 15-20 trading sessions, says Mandar Jamsandekar, technical analyst, on NDTV Profit. Keep trailing stop loss of Rs 245, he adds. The stock is currently trading at Rs 247.80, down 6.4% on the BSE.

Hold Satyam with target of Rs 108, says Pradeep Surekha, technical analyst, on Zee Business. Keep stop loss of Rs 85, he adds. The stock is currently trading at Rs 92.90, down 1.6% on the BSE. » Send to friends


Hold Wipro with target of Rs 500-525, says Ashish Maheshwari of Global Capital Market on CNBC Awaaz. The stock is currently trading at Rs 454, down 0.9% on the BSE.

Hold GMR Infrastructure with target of Rs 180, says MB Singh, technical analyst, on Zee Business. Keep stop loss below Rs 110, he adds. The stock is currently trading at Rs 139.10, up 1.1% on the BSE.

Hold DLF with short term target of Rs 400, says Prakash Gaba, technical analyst, on CNBC Awaaz. Keep stop loss of Rs 335, he adds. The stock is currently trading at Rs 360.50, up 5% on the BSE.

Buy Jindal Steel & Power with target of Rs 3530 in 18-20 trading sessions, says Mandar Jamsandekar, technical analyst, on NDTV Profit. Keep stop loss of Rs 2718, he adds. The stock is currently trading at Rs 2870, up 2.4% on the BSE.

Buy Tech Mahindra at current levels with medium target of Rs 1200, says Rajat Bose, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 801, down 1.3% on the BSE.

Hold REC with target of Rs 200, says Prakash Gaba, technical analyst, on CNBC Awaaz. Keep stop loss of Rs 170, he adds. The stock is currently trading at Rs 178.05, up 2.2% on the BSE.

Buy Satyam at current levels with short-to-medium target of Rs 120, says Rajat Bose, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 95.75, up 1.4% on the BSE.

Traders should buy IDBI Bank at Rs 96 with target of Rs 103-105, says Pradeep Surekha, technical analyst, on Zee Business. Keep stop loss of Rs 92, he adds. The stock is currently trading at Rs 103.85, 1.6% on the BSE.

Buy L&T with short-to-medium-term target of Rs 1790-1800, says Rajat Bose, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 1487.10, up 1.1% on the BSE.

Hold Glenmark Pharma with target of Rs 350-360, says MB Singh, technical analyst, on Zee Business. Keep stop loss of Rs 230, he adds. It has resistance at Rs 268, he says. The stock is currently trading at Rs 258.10, down 2.6% on the BSE.

Hold Glenmark Pharma with target of Rs 280, says Anu Jain, technical analyst, on CNBC TV18. Keep stop loss of Rs 257, she adds. The stock is currently trading at Rs 258.90, down 2.3% on the BSE.

Hold Aban Offshore with medium-term target of Rs 1200, says Rajat Bose, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 939, up 2.7% on the BSE.

Hold RIL with target of Rs 2080-2100, says Pradeep Surekha, technical analyst, on Zee Business. Keep stop loss of Rs 1960, he adds. The stock is currently trading at Rs 2044.90, up 1.4% on the BSE.

Hold Welspun Gujarat with medium-term target of Rs 250 by October 31 this year, says Rajat Bose, technical analyst, on CNBC Awaaz. Keep stop loss below Rs 167, he adds. The stock is currently trading at Rs 205, up 6.8% on the BSE.

Buy Dr Reddy's with target of Rs 825 and above, says Salil Sharma of Kapoor & Sharma Company on CNBC Awaaz. It is in a positive uptrend now, he adds. The stock is currently trading at Rs 809.20, up 2.5% on the BSE.

Buy Bhushan Steel with target of Rs 870, says Ashwani Gujral, technical analyst, on CNBC TV18. Keep stop loss of Rs 650, he adds. The stock is currently trading at Rs 730, up 2.5% on the BSE.

Buy Tata Steel with targets of Rs 422-427 and then 445, says Pradeep Surekha, technical analyst, on Zee Business. Keep stop loss of Rs 400, he adds. The stock is currently trading at Rs 419.60, up 1.9% on the BSE.

Buy Deccan Chronicle on dips or above Rs 84, says Rajat Bose, technical analyst, on CNBC Awaaz. It has resistance at Rs 90-95, he adds. The stock is currently trading at Rs 89, up 8.9% on the BSE.

Buy Ranbaxy with target of Rs 300 plus, says Sudarshan Sukhani, technical analyst, on CNBC TV18. Keep stop loss of Rs 250, he adds. The stock is currently trading at Rs 270.90, up 0.5% on the BSE.

Buy SRF with intra-day target of Rs 127, says Anil Singhvi, market expert, on CNBC Awaaz. Keep stop loss of Rs 120, he adds. The stock is currently trading at Rs 123.05, up 0.9% on the BSE.

Buy Zuari Industries with intra-day target of Rs 300, says Anil Singhvi, market expert, on CNBC Awaaz. Keep stop loss of Rs 284, he adds. The stock is currently trading at Rs 296.10, up 2.4% on the BSE.

Sell Glenmark Pharma with intra-day target of Rs 245, says Anil Singhvi, market expert, on CNBC Awaaz. Keep stop loss of Rs 268, he adds. The stock is currently trading at Rs 255.45, down 3.6% on the BSE.

Buy Deccan Chronicle with intra-day target of Rs 88, says Anil Singhvi, market expert, on CNBC Awaaz. Keep stop loss of Rs 78, he adds. The stock is at Rs 81.70, down 1.4% on the BSE.

Sell ICICI Bank at Rs 773 with intra-day target of Rs 756, says Simi Bhaumik, technical analyst, on Zee Business. Keep stop loss of Rs 784, she adds. The stock is at Rs 772, down 1.9% on the BSE.

Sell Kingfisher Airlines with intra-day target of Rs 46, says Anil Singhvi, market expert, on CNBC Awaaz. Keep stop loss of Rs 49.25, he adds. The stock is at Rs 48.40, down 4.9% on the BSE.

Buy Axis Bank at Rs 884 with intra-day target of Rs 899, says Simi Bhaumik, technical analyst, on Zee Business. Keep stop loss of Rs 870, she adds. The stock is at Rs 882.85, down 0.4% on the BSE.