Thursday, June 9, 2011

BIG BOSS VIKAS P SAMWATSARE




Check out the top picks of theWEEK  by VIKAS P.SAMWATSARE  Technical Analyst,Wealth Advisors& H.O. PARSADAM  Shares & Securities.

date>10/06/11
Reliance Infra


Recommendation:Buy

Market Price:
Rs 552.75

Target Price:
Rs 928

In the infrastructure segment, the company has three operational projects and by FY12 end, it expects revenue contribution from additional seven road projects, which consist of Mumbai Metro and WRSS transmission project.




DLF


Recommendation:Buy

Market Price:
Rs 235.60

Target Price:
Rs 248

Volumes rose as the company launched two new residential projects in Delhi and Chandigarh. The company's leasing portfolio stood flat at 23.8 msf. There are plans to launch of 10-12 msf in FY12. It has also indicated moderation in land aggregation and overall capex




M&M


Recommendation: Buy

Last Close: Rs 335.35

Target: Rs 355

Stop Loss: Rs 310


Cipla is above its 200-DMA with good volumes. The stock may reach Rs355 in the coming days. The stock may be accumulated in Rs335-320 zone. Keep the stop loss below Rs310 on a daily closing basis.




ONGC


Recommendation: Buy

Last Close: Rs 335.35

Target: Rs 355

Stop Loss: Rs 310


Cipla is above its 200-DMA with good volumes. The stock may reach Rs355 in the coming days. The stock may be accumulated in Rs335-320 zone. Keep the stop loss below Rs310 on a daily closing basis.



 Tata Motors






Recommendation: Buy

Last Close: Rs 335.35

Target: Rs 355

Stop Loss: Rs 310


Cipla is above its 200-DMA with good volumes. The stock may reach Rs355 in the coming days. The stock may be accumulated in Rs335-320 zone. Keep the stop loss below Rs310 on a daily closing basis.





Cipla


Recommendation: Buy

Last Close: Rs 335.35

Target: Rs 355

Stop Loss: Rs 310


Cipla is above its 200-DMA with good volumes. The stock may reach Rs355 in the coming days. The stock may be accumulated in Rs335-320 zone. Keep the stop loss below Rs310 on a daily closing basis.



HFCL



Recommendation: Buy

Last Close: Rs 20.80

Target: Rs 25

Stop Loss: Rs 14.50


The scrip is trading in a short-term uptrend and is showing momentum strength from Rs17. The oscillators are supporting price strength. The stock may be accumulated in the Rs17-20.80 range. Keep stop loss belowRs14.50 on a daily closing basis.



Federal Bank



Recommendation: Buy

Last Close: Rs 459.45

Target: Rs 495

Stop Loss: Rs 415


The scrip has been trading in a long-term uptrend. The stock is showing strength after breaking out the symmetrical triangle resistance at Rs440. The projected target of the breakout is Rs495. The scrip may be accumulated in the Rs440-459 range



ITC



Recommendation: Buy

Last Close: Rs 195

Target: Rs 210

Stop Loss: Rs 177


The scrip has been trading in a long-term uptrend and is consolidating in the Rs191-197 range for seven days. The stock is of defensive category. It can be bought within the Rs188-195 range. Keep stop loss below Rs177 on a daily closing basis.



Hexaware



 Recommendation: Buy

Last Close: Rs 69.80

Target: Rs 78

Stop Loss: Rs 62


The scrip has been trading in a short-term uptrend. On June 8, the stock's breakout above the flag formation was with higher volumes. The stock may be bought within the Rs 66-70 range. Keep stop loss below Rs62 on a daily closing basis.

(Views expressed are personal. The chartist may have interest in some or all of the stocks.)


   vikas p samwatsare &parsadam june 2011
























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