Archive

Archive for December, 2007

Buy Cheviot

December 31st, 2007

On the short term charts , this company is forming a penant like formation. Short term traders can buy this stock for targets of 350+

Cheviot Company is into the Jute business. Fundamental parameters are very strong for the company with a consistent high dividend payout track record.

Long term investors can buy and hold for a year or two to get good returns. We have heard talks among the various market participants that considering the strong fundamentals, the stock can target anywhere between 600 to 750 in the next 2 years.

Stock Tips , ,

Buy Gujarat Sidhee

December 31st, 2007

Gujarat Sidhee recently moved up handsomely from 29 to 44. It is then consolidating between 38 and 42. Technically it is forming an interesting chart pattern.

High-risk traders can go long with stop loss at 35.5 for targets of 50+ in the next one month.

Stock Tips ,

Securities in ban period

December 31st, 2007

Securities in ban period for trade date December 31, 2007- F&O segment —- ADLABSFILM , PARSVNATH .

Derivatives, Indian Market News , ,

Buy Tata Chemical

December 31st, 2007

This Tata Group company is looking very strong on the long term charts. It is forming a long head and shoulders pattern and gives us a target of 528 in the next 1 year.

We recommend investors to invest in this counter and hold for a year.

Fundamentals of the company are also very sound with the chemicals business doing well. Also the company is planning a retail foray.

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Brigade IPO

December 31st, 2007

Brigade Enterprises came out with an IPO at an issue price of 390.

Today the IPO got listed on the stock markets. It got a poor listing at 430 but immediately it fell below its issue price and after 15 minutes of trade, it is trading 5% down at 368.

IPO ,

JET AIRWAYS

December 30th, 2007

Jet Airways will take off soon and target 1050 and 1100 in the next one months : One of the leading stock broker has been recommending this stock to its clients. Good upmove is expected in the next one to two weeks.

Market Gossip

WWIL

December 25th, 2007

Market info * * * * * * * * * * *
We just heard that WWIL  will target 150 in the next two months : One of the leading stock broker has been recommending this stock to its clients to buy with a price target of 150.
Good upmove is expected in the next one to two weeks.

Our View:
The stock is forming an interesting technical pattern on the charts.
Once the stock breaks out above 96, it can head to 120-150.

Market Gossip

Buy RPL Futures

December 25th, 2007

RPL - Go LONG
This stock currently trading at 216.55 is testing the lower trend-line and has bounced up from the 204-205 level.
One can go long in Jan futures with 204 as stop loss for a target of 231-250.

Stock Tips ,

Buy Mirc Electronics

December 25th, 2007

MIRC ELECTRONICS - BUY
Buy for short term trading with stop loss.
This stock can move up to 35 - 40 in short term.

Stock Tips

Buy Centurion Bank of Punjab

December 25th, 2007

Buy Centurion Bank of Punjab * * * * * *

This mid cap banking stock has been consolidating around 53-56 range after the run-up from 43 to 63.
Once this stock moves above 58, it can give a break out and the target could be 75-100.

Stock Tips