Tuesday, July 13, 2010

NIFTY OUTLOOK

Tata steel looks attractive in view of PE 8.94.
TRG 509 / 512 / 518/ 524

Sail
Buy above Rs 200 for target of Rs 204-209-214 and stop loss of Rs 196.

Hindalco have low PE.

Buy INDIAINFO as a positional buy or a delivery. Can fall to 98, stop 95, tgt 120, 135… Just started its rally

Buy SINTEX above Rs 338 for target of Rs 344-350 and stop loss of Rs 332.

DENABANK OI INDICATES HUGE BULLISH IN THAT COUNTER

SELMCL abv 57-58.5 tgt 62 65 69 73

ONMOBILE abv 290 tgt 305 320

TATACHEM abv 333 tgt 5-10%

AJMERA abv 166.6 tgt 179

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