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

Wednesday, July 4, 2007

Intraday calls for 05-07-07

Buy Patel Engineering Company at 450, target: 462. Stoploss: 444 (Patel Engineering bags Algerian order worth US $153mn - current order book is in excess of Rs 5,000 crore)
Buy Ansal Properties & Infrastructure at 310, target: 320. Stoploss: 306
Buy Moser Baer (India) at 495, target: 507. Stoploss: 490
Buy Biocon at 465, target: 475. Stoploss: 461

Medium risk: One may short Vishal Retail retail below 748, target: 715-730. Stoploss: 760 - Pls do not buy Vishal Retail at cmp..

6 comments:

pags said...

hi sir...
can u pls help me out in..
srf
union bank of india
mahasemless
patni
airdaccn

Stocksvalley said...

Union bank and SRF are good picks for short term.. Union bank can touch 140 and SRF may see 190-200 soon..

Patni has recently has recently acquired Europe-based Logan-Orviss International. A hold for now..

Deccan Aviation - Has approved the allotment of 35,222,231 equity shares of Rs.10/- each to Kingfisher Radio Ltd at a price of Rs.155/- per share, (Premium of Rs.145/- per share) - So I dont think Deccan will go above 150-155 in the near term.

Can't comment on mahasemless..

If you are looking for some good short term investment.. You can buy Punj Lloyd, it has a target of 300 in the short term.. Also Moser bear can touch 560 in the short term.


Thanks..

pags said...

thaks c b .. for ur comments..

actually i do most trades in futures so can i hold Punj Lloyd, for short term.. & Moser bear
tanks again for ur feedback
give me some inra futures calls if u hv.. thnks

Unknown said...

sir
vishal retail bogght @ 772
hold or take sum loss and sell it off
ur advsie

Stocksvalley said...

Hi Amit.. markets may open strong.. If you get some profit, i think u should exit and re-enter at lower levels..

pags said...

ur call rocks-- gud
thanks