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INDIAN STOCK MARKET: Intraday calls for 20-07-07

Thursday, July 19, 2007

Intraday calls for 20-07-07

Buy Larsen and Toubro at 2379, target: 2395. Stoploss: 2370
Buy KPIT Cummins Infosystems at 135.40, target: 139. Stoploss: 133
Buy Idea Cellular at 131.80, target: 133. Stoploss: 131


Stocks in news:

Buy RCOM above 580, target: 590, Stoploss: 576 - RComm announces sale of equity stake in Towerco RTIL. The transaction will result in a cash inflow of Rs. 1,400 crores (US$ 337.5 million), the benefits of which will flow to RCom and its shareholders.

Buy GEI Industrial Systems at 80.10, target: 86. Stoploss: 79 - GEI Industrial sees Q1 FY08 net sales up 685% YoY - company's Total Income for the first quarter FY08 is at Rs 27.64 crore, against Rs 3.52 crore last year, its Net Profit stands at Rs 1.52 crore from Rs 37.13 lacs last year.
Seems to be a great jump in profits... hope the stock price jumps too!


Pls trade only if markets open positive.

6 comments:

Unknown said...

Sir what you say about ACC, results were not as good... Should I hold/buy this script at current price???

Stocksvalley said...

Hi.. I feel its a hold for now.. Keep a stoploss of 1120(close).

Unknown said...

sir
i have cipla50@218
now it move to 201
what shoud i do

Stocksvalley said...

Hi..Cipla is a slow stock, if you can hold it for a month or 2 then no need to worry, you will profit from it.... Coz as of now its at its 52wk low, so not much downside also.

Anonymous said...

Hi CB, Larsen and toubro call was excellent.. what about the market next week.. will it touch 16000

Stocksvalley said...

Hi RN... Well i feel the uptrend will continue.. lets see.. hope we see 16k soon!!