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INDIAN STOCK MARKET: Intraday calls for 30-07-07

Saturday, July 28, 2007

Intraday calls for 30-07-07

Guys, for Monday lets buy news driven stocks... because if markets fall, these stocks may not give a free fall like others, and if markets are flat or in green, these stocks are expected to give good returns!

Buy Punj Lloyd at 265.30, target: 276. Stoploss: 261 - Punj Lloyd Q1 net profit up 125.94% to 59.49 cr AND Punj Lloyd Ltd has been awarded a contract by Reliance Gas Transportation & Infrastructure Ltd (RGTIL) worth Rs 498 crore.

Buy Reliance Industries at 1867, target: 1880. Stoploss: 1861 -
Reliance Q1 nos above estimates, net up 28% at Rs 3264cr

Buy IPCL at 369, target: 380. Stoploss: 365 - Net profit of Rs 336 crore versus Rs 180 crore on YoY basis.

Buy UCO Bank at 27.30, target; 29. Stoploss: 26.80 - It Q1 standalone net profit was up at Rs 132.87 crore versus Rs 61.51 crore

SBI and Grasim have also posted very good results...

Markets expected to be flat or postitive, I personally don't fell we might see a correction, atleast not on Monday..

7 comments:

Anonymous said...

Hi C B.. I am really surprised by ur calls.. also ur call on the markets.. very accurate... You are never wrong when you predict about the markets movements...

Punj Lloyd and UCO were cool calls... thanks a lot!

Stocksvalley said...

Thanks Aparna...

Guys, Sensex being 150+ is not a buy signal... this is only results impact...

I personally feel we may see some more correction in this week... Don't buy any stocks for delivery now...

Unknown said...

well c.b your tips really work....
inspite of heavy sheding in markets your stocks remained rigid on their value,thanks a lot...
i want a comment from you on ifci,i purchased that at 58.00,what can i expect from this stock...........

Unknown said...

well c.b your tips really work....
inspite of heavy sheding in markets your stocks remained rigid on their value,thanks a lot...
i want a comment from you on ifci,i purchased that at 58.00,what can i expect from this stock...........

Anonymous said...

Hi CB all the calls were damn good...Thanks a lot...what is ur target for sensex in the coming dayz...

Stocksvalley said...

Hi AMITANSHU.. IFCI is a long term play... It has a target of 70-80 in 6-7 months time...

Stocksvalley said...

Hi RN, for tuesday, RBI policy will be a issue, if they have some good news for IT companies, then we might see some upmove on tuesday..

But, I fell we might see some more correction before we make new highs.. say around 200-300 points (sensex) more