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INDIAN STOCK MARKET: Intraday calls for 05-06-07

Monday, June 4, 2007

Intraday calls for 05-06-07

Buy Mahindra & Mahindra at 752, target: 762. Stoploss: 748
Buy Reliance Communication at 510, target: 518. Stoploss: 505
Buy Suzlon Energy Ltd at 1290, target: 1310. Stoploss: 1285



Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.

2 comments:

Feel the heat and be cooool!!!!!!!!!!!!!!!!!!! said...

what about pinjlloyd

Stocksvalley said...

Hi Upendra..
it is a very good stock to hold for the medium term.. you may buy it around 205-210 levels..

Mr.TS Harihar's view on Punj Lloyd:
"Punj Lloyd is a stock that possibly very interestingly poised. They have got phenomenal orderbook position, they have got a huge earnings visibility coming up, the last quarter has been phenomenal and I think they are into high-end, high-margin execution of contract, so I think that one should not need to be in a hurry to sell. I would suggest that it is a kind of a stock, which should form an integral part of anybody’s long-term construction oriented portfolio. So I would suggest holding on for the time being."