Tuesday, August 4, 2009

Brokerage recommendations 30 July 2009

Brokerage recommendations 30 July 2009

Buy RPL with target of Rs 129, says Ashu Baggri, technical analyst, on CNBC Awaaz. Keep stop loss of Rs 114, he adds. The stock last traded at Rs 118.50, down 1% on the BSE.

Hold DLF with stop loss of Rs 350, says PK Agarwal of Purpleline Investment on Zee Business. The stock last traded at Rs 402.10, up 1% on the BSE.

Buy Federal Bank with target of Rs 252, says Ashu Baggri, technical analyst, on CNBC Awaaz. Keep stop loss of Rs 227, he adds. The stock last traded at Rs 238, down 0.3% on the BSE.

Buy PFC with target of Rs 270, says Nishant Jain of Tradeswift on CNBC Awaaz. Keep stop loss of Rs 210, he adds. The stock last traded at Rs 234.95, up 2% on the BSE.

Hold on to longs with target of 4640 and stop loss of 4520, says Rahul Mohinder, technical analyst, on CNBC TV18, as market closing strategy.

Buy Nalco at Rs 295 with target of Rs 315, says Ashu Baggri, technical analyst, on CNBC Awaaz. Keep stop loss of Rs 285, he adds. The stock is currently trading at Rs 292, down 2.2% on the BSE.

Buy Welspun Gujarat with target of Rs 320, says Salil Sharma, technical analyst, on CNBC TV18. It has resistance at Rs 240, he adds. The stock is currently trading at Rs 229.50, up 2% on the BSE.

Buy PTC India at Rs 87.50 with target of Rs 96.50, says Ashu Baggri, technical analyst, on CNBC Awaaz. Keep stop loss of Rs 84.50, he adds. The stock is currently trading at Rs 88, down 0.3% on the BSE.

Buy ICICI Bank with target of Rs 770, says Nishant Jain of Tradeswift on CNBC Awaaz. Keep stop loss of Rs 720, he adds. The stock is currently trading at Rs 751.50, up 2.6% on the BSE.

Buy Tata Communications at Rs 498 with target of Rs 538, says Ashu Baggri, technical analyst, on CNBC Awaaz. Keep stop loss of Rs 478, he adds. The stock is currently trading at Rs 505, up 2.9% on the BSE. » Send to friends

Buy Alstom Projects with target of Rs 650, says Salil Sharma, technical analyst, on CNBC TV18. It has resistance at Rs 535, he adds. The stock is currently trading at Rs 521.50, up 0.5% on the BSE.

F&O Call: Buy Nifty with target of 4610 and stop loss of 4490, says Sandeep Wagle, technical analyst, on CNBC Awaaz.

F&O Call: Buy Nifty with target of 4630 and stop loss of 4470, says Akshita Deshmukh, technical analyst, on CNBC Awaaz.

F&O Call: Buy Nifty with target of 4700 and stop loss of 4380, says Anuj Dikshit, technical analyst, on CNBC Awaaz.

F&O Call: Buy Nifty with target of 4650 and stop loss of 4480, says Ashwani Gujral, technical analyst, on CNBC Awaaz.

Buy Mahindra & Mahindra only at Rs 800 with target of Rs 900-1000, says Prasad Kushe, technical analyst, on NDTV Profit. Keep stop loss of Rs 750, he adds. The stock is currently trading at Rs 852.85, up 1.3% on the BSE.

Buy Tata Communications with target of Rs 550, says Nishant Jain of Tradeswift on CNBC Awaaz. Keep stop loss of Rs 475, he adds. The stock is currently trading at Rs 505.15, up 2.9% on the BSE.

Exit from Ranbaxy which has stiff resistance at Rs 300, says PK Agarwal of Purpleline Investment on Zee Business. There's not much positive news in this stock, he adds. The stock is currently trading at Rs 270.60, down 0.4% on the BSE.

Buy Neyveli Lignite with targets of Rs 170 and then 185 in 1-2 months, says Prasad Kushe, technical analyst, on NDTV Profit. Keep stop loss of Rs 120, he adds. The stock is currently trading at Rs 132.25, up 1.8% on the BSE.

Hold Indiabulls Real Estate but for long term, says Rajesh Tambe of Sunchan Securities on Zee Business. It will give good gains but only if one gives it some time, he adds. The stock is currently trading at Rs 248.90, up 0.9% on the BSE.

Hold Adlabs Films with target of Rs 450, says PK Agarwal of Purpleline Investment on Zee Business. It has support at Rs 305-310, he adds. The stock is currently trading at Rs 347, down 2.9% on the BSE. » Send to friends

Buy SBI with targets of Rs 1760 and then 1850, says Ashwani Gujral, technical analyst, on CNBC Awaaz. Keep stop loss of Rs 1620, he adds. The stock is currently trading at Rs 1702.05, up 2.8% on the BSE.

Hold Zee Entertainment with target of Rs 200 plus, says MB Singh, technical analyst, on Zee Business. Keep stop loss below Rs 150, he adds. The stock is currently trading at Rs 174.70, down 0.1% on the BSE.

Buy Hero Honda on dips with targets of Rs 2000 and then 2500, says Prasad Kushe, technical analyst, on NDTV Profit. Keep stop loss of Rs 1400 or 1500, he adds. The stock is currently trading at Rs 1632.90, down 0.4% on the BSE.

Buy Hero Honda on dips, says Ashish Kapur of Invest Shoppe on NDTV Profit. It is a stock one must have in their portfolio, he adds. The stock is currently trading at Rs 1633, down 0.4% on the BSE.

Hold Aban Offshore with targets of Rs 1204 and then 1400, says Mitesh Thacker, technical analyst, on CNBC TV18. The stock is currently trading at Rs 1003.90, down 1.2% on the BSE.

Buy SCI with target of Rs 175-180 in 1-2 months, says Prasad Kushe, technical analyst, on NDTV Profit. Keep stop loss of Rs 120, he adds. The stock is currently trading at Rs 130.85, up 0.6% on the BSE. » Send to friends

Buy SBI at around Rs 1600 for gains of 25-30% in 6 months, says DD Sharma of Anand Rathi Securities on CNBC Awaaz. Fundamentally, it is a strong stock, he adds. The stock is currently trading at Rs 1702, up 2.8% on the BSE.

Hold Union Bank of India with target of Rs 250-260, says PK Agarwal of Purpleline Investment on Zee Business. Keep stop loss of Rs 205-210, he adds. The stock is currently trading at Rs 229.30, up 1.3% on the BSE.

SBI has announced its Q1 results with net profit at Rs 2330 crore versus Rs 1640 crore (YOY), reports CNBC TV18. NII is at Rs 5026 crore versus RS 4818 crore (YOY), it adds. The stock is currently trading at Rs 1696, up 2.4% on the BSE.

Hold Bharti Airtel and exit when it goes to Rs 435, says MB Singh, technical analyst, on Zee Business. Buy again if it breaks Rs 500 or comes to Rs 380, he adds. The stock is currently trading at Rs 420.70, down 0.6% on the BSE.

Buy Balrampur Chini on dips with targets of Rs 130 and then 150, says Mitesh Thacker, technical analyst, on CNBC TV18. The stock is currently trading at Rs 118.35, up 0.5% on the BSE.

Hold DLF with targets of Rs 550 and then 730, says Prasad Kushe, technical analyst, on NDTV Profit. Keep trailing stop loss of Rs 340, he adds. The stock is currently trading at Rs 403.50, up 1.4% on the BSE.

Hold Power Grid with stop loss of Rs 105, says PK Agarwal of Purpleline Investment on Zee Business. It is a good stock to be invested in, he adds. The stock is currently trading at Rs 119.25, up 1.8% on the BSE.

The inflation figure for week ended July 18 has been announced at -1.54% versus the earlier figure of -1.17% for week ended July 11, reports NDTV Profit.

Hold DLF with targets of Rs 434 and then 520, says Ashwani Gujral, technical analyst, on CNBC Awaaz. Keep stop loss of Rs 350, he adds. The stock is currently trading at Rs 403.05, up 1.3% on the BSE.

Buy DLF at Rs 370-380 with target of Rs 460, says Mitesh Thacker, technical analyst, on CNBC TV18. It has resistance at Rs 425-430, he adds. The stock is currently trading at Rs 403.20, up 1.3% on the BSE.

Go short on Kotak Mahindra Bank which may see a downside of 8-10%, says a market expert, on CNBC Awaaz. The stock is currently trading at Rs 627.40, up 0.6% on the BSE.

Buy Rolta India with target of Rs 161-176, says Ashwani Gujral, technical analyst, on CNBC TV18. Keep stop loss of Rs 136, he adds. The stock is currently trading at Rs 151.30, up 2.1% on the BSE.

Hold Grasim with target of Rs 3000, says PK Agarwal of Purpleline Investment on Zee Business. It has support at Rs 2400, he adds. The stock is currently trading at Rs 2728, up 0.2% on the BSE.

Buy REC for both short-term trading and long-term investor, says Deepak Mohoni, technical analyst, on CNBC TV18. The stock is currently trading at Rs 193, up 2.9% on the BSE.

Hold Satyam with stop loss of Rs 85, says MB Singh, technical analyst, on Zee Business. The stock is currently trading at Rs 102.90, up 1.4% on the BSE.

Buy Rolta India with target of Rs 155, says a market expert, on CNBC Awaaz. Keep stop loss of Rs 2-3 below the buying price, he adds. The stock is currently trading at Rs 152.40, up 2.8% on the BSE.

Hold Punj Lloyd which is a good stock, says MB Singh, technical analyst, on Zee Business. Keep stop loss below Rs 230, he adds. The stock is currently trading at Rs 238.60, down 1.7% on the BSE.

Buy Balrampur Chini with target of Rs 140, says Sudarshan Sukhani, technical analyst, on CNBC TV18. He thinks there is more headroom in this stock assuming that the markets remain stable. The stock is currently trading at Rs 116, down 1.5% on the BSE.

Buy DLF with target of Rs 450, says Rahul Mohinder, technical analyst, on CNBC TV18. Keep stop loss of Rs 392, he adds. The stock is currently trading at Rs 392.40, down 1.4% on the BSE.

Buy Bajaj Hindustan with target of Rs 220, says Rahul Mohinder, technical analyst, on CNBC TV18. The stock is currently trading at Rs 191, down 2% on the BSE.

Sell slightly Out of the Money RIL Calls, says TS Harihar of Karvy Stock Broking on CNBC TV18. The upside is capped, he adds. The stock is currently trading at Rs 1910.80, down 0.8% on the BSE.

Sell Cairn India at Rs 234 with intra-day target of Rs 228, says Simi Bhaumik, technical analyst, on Zee Business. Keep stop loss of Rs 239, she adds. The stock last traded at Rs 234.05, down 2.6% on the BSE.

Nifty has a short-term resistance of 4530-4560, says Rahul Mohinder, technical analyst, on CNBC TV18, in a market opening call. He believes that it could test 4650.

Buy Aban Offshore at Rs 1015 with intra-day target of Rs 1055, says Simi Bhaumik, technical analyst, on Zee Business. Keep stop loss of Rs 990, she adds. The stock last traded at Rs 1015.90, up 5.2% on the BSE.
If Nifty goes above 4550 it could retest 4600-4620, says Ashwani Gujral, technical analyst, on CNBC TV18, in a market opening call.

Go long in the Nifty for the short term with stop loss of 4475, says Deepak Mohoni, technical analyst, on CNBC TV18, in a market opening call.