Attractive picks for this week

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Attractive picks for this week

With markets in uncharted territories and at an all-time high of 10,111, analysts feel that traders should now trade with prudent stop losses and give their hot picks to Moneycontrol for the week ahead.

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With markets in uncharted territories and at an all-time high of 10,111, analysts feel that traders should now trade with prudent stop losses and give their hot picks to Moneycontrol for the week ahead.

Deven Choksey, KR Choksey Sec:

We like stocks in pharma like Cadilla Healthcare , SBI . We also like Shringar Cinemas and Kulkarni Power Tool are long term picks. Investors should noy resort to reckless buying and selling. One should watch and be careful.

Sumeet Rohra, Antique Stock Broking:

On Ranbaxy

Ranbaxy after giving a breakout at Rs 410 levels had touched Rs 432 today. Ranbaxy has still got some steam. Ranbaxy can head higher. Hero Honda has given a very good close above Rs 887. These stocks, too, looks attractive going into trade next week and move higher.

On ITI

Top picks in the mid cap space for next week would be ITI . BSNL today stated that they have come up with a tender for 60 million GSM order. As per government's provision at least 30% of the order will be coming to ITI. This stock should do remarkably well in the coming days.

On Zee and Reliance Capital

Pharma as a theme has become pretty attractive now. One can also look at media stocks for momentum buying next week. Zee Telefilms could be a stock to watch out for next week. One could also look at Reliance Capital , as the stock seems to have made a decent bottom at around Rs 435 levels. The stock can offer some upside potential from here.

On City Union Bank

In private sector banking, City Union Bank looks pretty attractive at current levels. While the book value of the stock is Rs 105, the market price is around Rs 115. They pay Rs 4-5 dividend per year. They have got major expansion plans and the stock is technically on a strong footing. It's just a matter of time before the stock takes off.

Profit booking is mandatory in Jayshree Tea , Williamson Tea and Mcleod Russel

Jayshree Tea, Williamson Tea and Mcleod Russel have run up nicely and can come under some correction next week. Profit booking is mandatory at this level.