BIG BOSS
VIKAS PARSHURAM SAMWATSARE
Top picks5/5/11 LONG TIME INVESTMENT
-----------------------
Sintex Industries Ltd
Recommendation: Buy
Last Close: Rs 182.20
Target: Rs 190
Stop Loss: Rs 175
The daily chart shows a higher-top-higher-bottom formation, with strong momentum and higher volumes. The stock has maintained above the moving averages of different periodicities. We recommend a buy in decline, with a support at Rs 182 for an immediate target of Rs 190.
Last Close: Rs 182.20
Target: Rs 190
Stop Loss: Rs 175
The daily chart shows a higher-top-higher-bottom formation, with strong momentum and higher volumes. The stock has maintained above the moving averages of different periodicities. We recommend a buy in decline, with a support at Rs 182 for an immediate target of Rs 190.
--------------------------------------------------------------------------------------------------------------
IGL
FRecommendation: Buy
Last Close: Rs 322
Target: Rs 335
Stop Loss: Rs 315
On daily charts, this stock is comfortably placed on the 200-DMA. With good support at Rs 315, we recommend a buy in this stock for an upside potential of Rs 335. The RSI also shows strength along with good volumes. Hence, an upward move is likely for the target of Rs 335.
Last Close: Rs 322
Target: Rs 335
Stop Loss: Rs 315
On daily charts, this stock is comfortably placed on the 200-DMA. With good support at Rs 315, we recommend a buy in this stock for an upside potential of Rs 335. The RSI also shows strength along with good volumes. Hence, an upward move is likely for the target of Rs 335.
------------------------------------------------------------------------------------------------------------
BHEL
FRecommendation: Buy
Last Close: Rs 2,026
Target: Rs 2,125
Stop Loss: Rs 1,990
The stock has corrected from Rs 2,700 to a low of Rs 1,950. The stock has made a base at Rs 2,000. The risk reward ratio is favourable for a buy, with support at Rs 1,990. The stock has an upside potential of Rs 2,125. We recommend a buy.
Last Close: Rs 2,026
Target: Rs 2,125
Stop Loss: Rs 1,990
The stock has corrected from Rs 2,700 to a low of Rs 1,950. The stock has made a base at Rs 2,000. The risk reward ratio is favourable for a buy, with support at Rs 1,990. The stock has an upside potential of Rs 2,125. We recommend a buy.
------------------------------------------------------------------------------------------------------------
Development Credit Bank Ltd
PRecommendation: Buy
Last Close: Rs 60.80
Target: Rs 66
Stop Loss: Rs 58
The stock has made a recent high at Rs 66 and corrected upto Rs 56. Very high volumes along with improving indicators like the RSI show its strength for the stock to retest trhe previous high.
Last Close: Rs 60.80
Target: Rs 66
Stop Loss: Rs 58
The stock has made a recent high at Rs 66 and corrected upto Rs 56. Very high volumes along with improving indicators like the RSI show its strength for the stock to retest trhe previous high.
--------------------------------------------------------------------------------------------------------------
IOC
PRecommendation: Buy
Last Close: Rs 348
Target: Rs 365
Stop Loss: Rs 338
The oil marketing stocks have shown good momentum even in weak markets. IOC hasd got into the momentum for an upward move. We recommend a buy in decline for an immediate upside of Rs 365. The daily chart shows a higher-top-higher-bottom formation.
Last Close: Rs 348
Target: Rs 365
Stop Loss: Rs 338
The oil marketing stocks have shown good momentum even in weak markets. IOC hasd got into the momentum for an upward move. We recommend a buy in decline for an immediate upside of Rs 365. The daily chart shows a higher-top-higher-bottom formation.
-------------------------------------------------------------------------------------------------------------
Educomp Solutions
VMarket Price: Rs 441.10
Target Price: Rs 610
The company's presence through the entire education value chain and strong partnerships has set the momentum for the performance. The higher education busines K-12which are high capital intensivewill take time to scale up but the potential is huge. Growth in smart class segment is also positive.
------------------------------------------------------------------------------------------------------------
Sintex Industries Ltd
VRecommendation: Buy
Market Price: Rs 182
Target Price: Rs 217
The company has a diversified business with revenue mainly coming from building products, custom moulding and textiles. The company is also exploring opportunities in new areas such as oil and gas exploration, telecom and power. Monolithic housing is the fastest growing segment for Sintex.
Market Price: Rs 182
Target Price: Rs 217
The company has a diversified business with revenue mainly coming from building products, custom moulding and textiles. The company is also exploring opportunities in new areas such as oil and gas exploration, telecom and power. Monolithic housing is the fastest growing segment for Sintex.
-------------------------------------------------------------------------------------------------------------
United Bank of India
LRecommendation: Buy
Market Price: Rs 96
Target Price: Rs 125
The bank is in a growth trajectory with a change in the management. It has strong liability franchise with 40% CASA, with high share of savings deposit of 32%. The bank's asset quality is in line with the system with adequate provisioning of 71%
Market Price: Rs 96
Target Price: Rs 125
The bank is in a growth trajectory with a change in the management. It has strong liability franchise with 40% CASA, with high share of savings deposit of 32%. The bank's asset quality is in line with the system with adequate provisioning of 71%
-------------------------------------------------------------------------------------------------------------
Arvind
M,Recommendation: Buy
Market Price: Rs 73.80
Target Price: Rs 85
A change in revenue-mix like focussing on life-style brands, retail format and marketing rights of international brands have improved realisations, which may improve bottomline of the company going forward, Also, the industry growth and any FDI approval on multi-brand retail may be a booster.
Market Price: Rs 73.80
Target Price: Rs 85
A change in revenue-mix like focussing on life-style brands, retail format and marketing rights of international brands have improved realisations, which may improve bottomline of the company going forward, Also, the industry growth and any FDI approval on multi-brand retail may be a booster.
-------------------------------------------------------------------------------------------------------------
Bharat Bijlee Ltd
KRecommendation: Buy
Market Price: Rs 1,036
Target Price: Rs 1,350
It has significant investments of Rs 252 crore in blue chip companies like BOI, HDFC, HDFC Bank, HDEL,ICICI AND Siemens. Divestment of these holdings may unlock value. The company is trading at 10.9x and 9.5x for FY11E and FY12E earnings, respectively.
Market Price: Rs 1,036
Target Price: Rs 1,350
It has significant investments of Rs 252 crore in blue chip companies like BOI, HDFC, HDFC Bank, HDEL,ICICI AND Siemens. Divestment of these holdings may unlock value. The company is trading at 10.9x and 9.5x for FY11E and FY12E earnings, respectively.
------------------------------------------------------------------------------------------------------------
-
No comments:
Post a Comment