Hot stock picks and strategies for this week

Published on Fri, Jan 13, 2006 at 17:47 |  Source : Moneycontrol.com

Updated at Mon, Jan 16, 2006 at 17:30  

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With the markets correcting 2.1% last week and more volatility expected, analysts give their favourite stock picks for the short to medium to longer term. They also caution investors to exercise some caution in the days ahead.

Saregama India , Liberty Shoes , Matrix Labs , Orchid Chemicals , Visualsoft , Polaris and Scandent  are some of the off beat ideas for the short to longer term while ONGC , Gail , Satyam , and Tata Steel are looking good for both the near-term and the long-term.

Ambareesh Baliga, Karvy Stock Broking

Watch out for frontline stocks from the FMCG and IT sector

Investors should watch out for frontline stocks from the FMCG and IT sector. Infosys , TCS , HLL and ITC would be my top-pick for the rally ahead. While the long-term investors could still afford to wait, the short-term investors should try to exit the market at every rally, which is likely to continue till the budget.

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Sandeep Wagle, Angel Stock Broking

 

Punjab Tractors and Finolex Cables: top picks

 

At 9,000 there would be lot of stocks ripe for cherry picking. Punjab Tractors would be a very good pick at around Rs 225-230 for a target of Rs 275-280 levels in the next three months. Finolex Cables is another stock I'd like to pick at around Rs 280 levels. The 3-6 month target for the stock is Rs 350-360.

 

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