HomeNewsBusinessStocksBuy GVK Power, Jet Airways, HDIL: Mittal

Buy GVK Power, Jet Airways, HDIL: Mittal

In CNBC-TV18's popular show Bull's Eye, Saurabh Mittal, Swadeshi Credits shares trading strategy of the day.

April 02, 2013 / 15:07 IST
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In CNBC-TV18's popular show Bull's Eye, Saurabh Mittal, Swadeshi Credits shares trading strategy of the day.


Buy GVK Power. This stock has also seen huge downside for the last few trading session and seems to be stabilizing around the Rs 9-9.50 levels and a pullback rally is probably imminent in the stock as all the infra stocks have been beaten down quite a bit. One might see a relief rally in most of these stocks.
Buy Jet Airways with a target of Rs 560 and a stop loss of Rs 530. Most oil PSU companies have reduced Aviation Turbine Fuel (ATF) prices and we saw a jump in the stock yesterday and that should continue today for a couple of more trading sessions because this is going to impact the bottom-line for all airline companies.
Buy HDIL with a target price of Rs 53 and a stop loss at Rs 49.
Buy Tata Global Beverages with target price of Rs 134 and a stop loss at Rs 129.
first published: Apr 2, 2013 03:07 pm

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