BIG BOSS
STOCK MARKET TIPSVIKAS PARSHURAM SAMWATSARE
DATED 11/10/11
Lovable Lingerie
Recommendation: Buy
Uptrend
Last Close: Rs 468.25
Target: Rs 495
Stop Loss: Rs 440
Lovable is showing the signs of bottoming out after a continuous decline of four weeks. It was able to give close above its short-term moving average with good volume, indicating short-term trend reversal. One can go long on minor decline around 450-455.
Uptrend
Last Close: Rs 468.25
Target: Rs 495
Stop Loss: Rs 440
Lovable is showing the signs of bottoming out after a continuous decline of four weeks. It was able to give close above its short-term moving average with good volume, indicating short-term trend reversal. One can go long on minor decline around 450-455.
LIC Housing
Recommendation: Buy
Breakout
Last Close: Rs 223.85
Target: Rs 235
Stop Loss: Rs 212
LIC Housing is outperforming the broader market fall by moving into sideways and holding above its long- term moving average for quite a long time, indicating a strong hold of bulls in this counter. A move above 225 will confirm range trading breakout.
Breakout
Last Close: Rs 223.85
Target: Rs 235
Stop Loss: Rs 212
LIC Housing is outperforming the broader market fall by moving into sideways and holding above its long- term moving average for quite a long time, indicating a strong hold of bulls in this counter. A move above 225 will confirm range trading breakout.
Biocon
Recommendation: Sell
Downtrend
Last Close: Rs 345
Target: Rs 330
Stop Loss: Rs 355
The stock is continuously facing major supply in the 348-352 range, which is seeing major selling pressure. The stock is trading below its 200-DMA which indicates downtrend in this counter. The bounce on the higher side is coming with very low volume is major sign of weaknes.
Downtrend
Last Close: Rs 345
Target: Rs 330
Stop Loss: Rs 355
The stock is continuously facing major supply in the 348-352 range, which is seeing major selling pressure. The stock is trading below its 200-DMA which indicates downtrend in this counter. The bounce on the higher side is coming with very low volume is major sign of weaknes.
Tata Global
Recommendation: Buy
Pullback
Last Close: Rs 85.65
Target: Rs 95
Stop Loss: Rs 80
The stock has taken a major support on 61.8% Fibonacci retracement after a relentless fall which is a sign of corrective pullback rally. It has given a fresh upmove with strong above-average volume, indicating bullish strength. One can go long on decline around 83.
Pullback
Last Close: Rs 85.65
Target: Rs 95
Stop Loss: Rs 80
The stock has taken a major support on 61.8% Fibonacci retracement after a relentless fall which is a sign of corrective pullback rally. It has given a fresh upmove with strong above-average volume, indicating bullish strength. One can go long on decline around 83.
Bombay Dyeing
Recommendation: Buy
Breakout
Last Close: Rs 397.25
Target: Rs 420
Stop Loss: Rs 374
The stock has given a breakout from its past six days range and has given a close above its short-term as well as long-term moving average which indicates a strong bullish momentum in this counter. Buy on minor decline around 386-389 mark for a strong upmove
Breakout
Last Close: Rs 397.25
Target: Rs 420
Stop Loss: Rs 374
The stock has given a breakout from its past six days range and has given a close above its short-term as well as long-term moving average which indicates a strong bullish momentum in this counter. Buy on minor decline around 386-389 mark for a strong upmove
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ITC
Recommendation: Buy
Market price: Rs 200
Target price: Rs 224
ITC is a safe haven' for investors because of its strong earnings visibility, dominant leadership, inelastic demand of cigarettes, domestic consumption story and solid fundamentals. We value the stock at a target P/E of 24x based on its FY13E EPS.
Market price: Rs 200
Target price: Rs 224
ITC is a safe haven' for investors because of its strong earnings visibility, dominant leadership, inelastic demand of cigarettes, domestic consumption story and solid fundamentals. We value the stock at a target P/E of 24x based on its FY13E EPS.
Dish TV
Recommendation: Buy
Market price: Rs 79.50
Target price: Rs 96.8
Continued improvement in EBIDTA margins, expansion of value-added services, increase in transmission bandwidth adding new channel capabilities, and linage with Essel group bode well. Our DCF valuation suggests target price.
Market price: Rs 79.50
Target price: Rs 96.8
Continued improvement in EBIDTA margins, expansion of value-added services, increase in transmission bandwidth adding new channel capabilities, and linage with Essel group bode well. Our DCF valuation suggests target price.
Coromandel Int'l
Recommendation: Buy
Market price: Rs 301
Target price: Rs 350
Coromandel International is a part of the Murugappa Group. Rising population trend, demand of agri inputs, strategic deal with QAFCO and planning to open 200 rural retail stores in AP, Karnataka by 2012, augurs well for future growth.
Market price: Rs 301
Target price: Rs 350
Coromandel International is a part of the Murugappa Group. Rising population trend, demand of agri inputs, strategic deal with QAFCO and planning to open 200 rural retail stores in AP, Karnataka by 2012, augurs well for future growth.
Aditya Birla Nuovo
Recommendation: Buy
Market price: Rs 897
Target price: Rs 1,100
ABNL is a diversified conglomerate with leading presence in carbon black, financial services and fashion, Telecom and Lifestyle business. Applying the SOTP method to its FY12 earnings, we value the company at Rs 1,100.
Market price: Rs 897
Target price: Rs 1,100
ABNL is a diversified conglomerate with leading presence in carbon black, financial services and fashion, Telecom and Lifestyle business. Applying the SOTP method to its FY12 earnings, we value the company at Rs 1,100.
TTK Prestige
Market price: Rs 2,814
Target price: Rs 3,245
TTK Prestige operates in the kitchen appliances segment comprising pressure cookers, non-stick cookware. Its Q2 FY12 sales jumped by 52% and PAT jumped 55% y-o-y. With strong brand value, leadership position, and growth visibility augurs well for TTK.
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