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Nov 30, 2009, 12.35 PM IST
Technical Analyst, Ashwani Gujral is bullish on Kalyani Steel, Sabero Organics, Oil Country and UCO Bank.
-Technical Analyst, Ashwani Gujral
Here is a verbatim transcript of Technical Analyst, Ashwani Gujral 's comment on CNBC-TV18. Also see the accompanying video.
"The market is in a volatile phase and today we should see some upside. I would buy Kalyani Steel today. Metals would make a strong come back. We would buy this with a stoploss of about Rs 175, target of about Rs 189.70. It just made an intermediate high. So on a dip, it becomes a strong buy.”
“Second pick is Sabero Organics . We would buy this with a stoploss of about Rs 61, target of Rs 66.15. Third pick is Oil Country , we would buy that with a stoploss of about Rs 122 and a target of about Rs 131.10. And fourth pick is UCO Bank with a stoploss of about Rs 53, target of Rs 58."
Here is a verbatim transcript of Sharmila Joshi, Investment Advisor's comment on CNBC-TV18. Also see the accompanying video.
" Prism Cement is the stock that I would buy, looking at the kind of numbers that stock has done in the last quarters, good performance. So I am buying Prism Cement with a target of Rs 46."
" Jyothy Laboratories is an interesting stock. They are in liquid whitener business and they have an 80% market share there, they are also getting into the laundry segment where they are going to get good margins, so I buy this with a target of Rs 164."
"The next stock I am buying is Shriram Transport Finance . This is one of a kind stock and expecting good traction from the numbers. I give this a target of Rs 434. The last is Jubilant Organosys ; on this I have a target of Rs 311."
Here is a verbatim transcript of Investment Advisor SP Tulsian's comment on CNBC-TV18. Also see the accompanying video.
"I have chosen four stocks, which are all related to the news developments because in this volatile market, it is better to play safe being a fundamental analyst more on the news. My first stock is Suzlon Energy at a price of Rs 74 with a target of Rs 79 because the company’s 92% subsidiary REpower has bagged an order for 954 megawatt (MW) order from a Canadian company of which 756 MW is a confirmed order. Also we have seen huge volume taking place on Friday on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) put together close to about 10 crore share. So that shows almost 100% jump. My view is quite positive and we have a target of Rs 79."
"Second stock is Great Offshore at Rs 533 with a target of Rs 554. The simple reason that the open offer will be opening on December 3, simultaneously by both the potential acquirers i.e. ABG Shipyard and Bharati Shipyard and the offer will remain open till December 22 and both parties can revise their open offer by December 11. I hope to see stiff competition or maybe the tug of war going between both the parties and they are likely to raise the open offer which is at present Rs 560 of Bharati maybe at about Rs 590 or so. So my target for the day is Rs 554."
"Third stock is Bajaj Hindusthan at Rs 212 with a price target of Rs 221. The company has fourteen sugar mills in Uttar Pradesh (UP) of which they have started the commercial or the crushing in ten of its mills. So in the next three-four days they will be starting the production at all its mills. So being positive on the whole sector, I have chosen this leader amongst the sugar sector."
"Fourth one is Wockhardt at Rs 171 with a target of Rs 182. The development which happened on Friday that they have settled with the DBS who has filed the winding up petition against the company and the company is likely to follow the suit with other foreign overseas creditors also like Barclays and all that which will pave the way for the company to go for foreign currency convertible bonds (FCCB) buyback, derivative losses, reschedulement or the settlement and this being a very strong pharmaceutical company, I have given a target of Rs 182 for the day."
Tags: Technical Analyst, Ashwani Gujral, Investment Advisor, Sharmila Joshi, Investment Advisor SP Tulsian, Kalyani Steel, Sabero Organics, Oil Country, Prism Cement, Jyothy Laboratories, Shriram Transport Finance, Jubilant Organosys, Suzlon Energy, Bajaj Hindusthan, Wockhardt, ABG Shipyard, Bharati Shipyard
May 22 2013, 13:11
- in MARKET OUTLOOK
May 22 2013, 10:44
- in Economy