This is a free stock market tip that I publish sometimes. It is for short term gain that stock traders and short term investors can trade upon and make money.
Buy stocks of HDIL above Rs 82.5 with a stop loss at Rs 78. The stock price target for HDIL would be Rs 90 to 92 in 10 – 12 days.
Stock traders and short term investors are advised to never to trade stocks in big quantities for such short term stock tips.
You may want to read:
Share Market Stock Tips - Buy Stocks of Chambal Fertilisers
Blue Chip Stock Analysis - Infosys
Large Cap Stock To Buy - Dr. Reddy’s Laboratories
Showing posts with label Stock Tips. Show all posts
Showing posts with label Stock Tips. Show all posts
Share Market Stock Tips - Buy Stocks of Chambal Fertilisers
If you believe some of the technical stock analysts, fertiliser stocks in general and Chambal fertiliser shares are witnessing some stock buying at lower levels since past few sessions. Here is a stock tip that some of the high risk taking stock traders may be interested in for short to medium term.
If you look at the stock chart of Chambal fertiliser, it looks like the stock has support around Rs.75 levels.
Also, company is expected to report benefit of higher urea production above cut off in Q4FY12. Expected policy announcement on new urea investment should also have positive impact on company. EPS estimations for FY12/FY13 are at Rs 9.0 / 8.9 for the stock.
with a 3 to 5% stoploss from current stock price of Rs.76.5, the target stock price could be in the range of Rs.95 to Rs.100 in short to medium term time frame.
You may read a stock research report from one of the stock brokers here.
If you look at the stock chart of Chambal fertiliser, it looks like the stock has support around Rs.75 levels.
Also, company is expected to report benefit of higher urea production above cut off in Q4FY12. Expected policy announcement on new urea investment should also have positive impact on company. EPS estimations for FY12/FY13 are at Rs 9.0 / 8.9 for the stock.
with a 3 to 5% stoploss from current stock price of Rs.76.5, the target stock price could be in the range of Rs.95 to Rs.100 in short to medium term time frame.
You may read a stock research report from one of the stock brokers here.
Stock Tips - Buy stocks of GAIL for short term gains
This week, in the section stock tips, is a technical stock tip published by stock broker company Aditya Birla Money.
Aditya Birla Money has published in it's stock tips a report on GAIL. According to this report, GAIL is well placed and is all set for next leg of up move with targets of higher levels.
Pattern wise, GAIL has broken out of Bullish Inverted Head and Shoulder formation, it has been oscillating within a band with lower highs and lower lows thus taking a shape of a probable symmetrical triangle. Normally symmetrical triangle are continuation pattern and such pattern post Inverted Head and Shoulder breakout adds further weight to the bullish argument.
The stock is well placed and post termination of the said triangle it is all set for next leg of upmove targeting higher levels. Buying stocks of GAIL is recommended above Rs 482 with a stop-loss of Rs 466 for a possible target of Rs 515 levels.
Aditya Birla Money has published in it's stock tips a report on GAIL. According to this report, GAIL is well placed and is all set for next leg of up move with targets of higher levels.
Pattern wise, GAIL has broken out of Bullish Inverted Head and Shoulder formation, it has been oscillating within a band with lower highs and lower lows thus taking a shape of a probable symmetrical triangle. Normally symmetrical triangle are continuation pattern and such pattern post Inverted Head and Shoulder breakout adds further weight to the bullish argument.
The stock is well placed and post termination of the said triangle it is all set for next leg of upmove targeting higher levels. Buying stocks of GAIL is recommended above Rs 482 with a stop-loss of Rs 466 for a possible target of Rs 515 levels.
Rakesh Jhunjhunwala's Next Stock To Buy
Market rumors are buzzing that Delta Corp (BSE: 532848, NSE: DELTACORP) is likely to allot preferential shares to ace investor and stock trader Rakesh Jhunjhunwala.
The money raised is likely to be used for taking a majority stake in Advani Hotel. The company needs nearly Rs 100 crore for upping its stake to over 51%, and to make 20% open offer.
Delta Corp owns 35% stake in Advani Hotels. Advani Hotels operates Ramada - a 5 star in Goa. Market buzz is that the land sale money of Rs 250 crore could be used by the company to take majority control in Advani Hotels.
Delta Corp operates in four business segments i.e. entertainment and gaming, real estate, hospitality and aviation, plans to invest part of its land sale money into its gaming and hospitality business.
Delta Corp's FY10 consolidated sales are at Rs 132.5 crore, PAT is Rs 12.1 crore and EPS was Rs 0.71. In FY10, revenues from hospitality and gaming are at Rs 65.9 crore versus Rs 21.8 crore.
As per technical analyst, Ashwini Gujral, Delta corp could hit upto Rs. 90 levels in short term, so stock traders who would like to trade the stock for quick gains may buy stocks of Delta for this target. Long term investors, after confirming the news that Rakesh Jhunjhunwala is really investing in this stock, may wait for correction and consider buying stocks for long term. If the news is false, stock may correct significantly.
The money raised is likely to be used for taking a majority stake in Advani Hotel. The company needs nearly Rs 100 crore for upping its stake to over 51%, and to make 20% open offer.
Delta Corp owns 35% stake in Advani Hotels. Advani Hotels operates Ramada - a 5 star in Goa. Market buzz is that the land sale money of Rs 250 crore could be used by the company to take majority control in Advani Hotels.
Delta Corp operates in four business segments i.e. entertainment and gaming, real estate, hospitality and aviation, plans to invest part of its land sale money into its gaming and hospitality business.
Delta Corp's FY10 consolidated sales are at Rs 132.5 crore, PAT is Rs 12.1 crore and EPS was Rs 0.71. In FY10, revenues from hospitality and gaming are at Rs 65.9 crore versus Rs 21.8 crore.
As per technical analyst, Ashwini Gujral, Delta corp could hit upto Rs. 90 levels in short term, so stock traders who would like to trade the stock for quick gains may buy stocks of Delta for this target. Long term investors, after confirming the news that Rakesh Jhunjhunwala is really investing in this stock, may wait for correction and consider buying stocks for long term. If the news is false, stock may correct significantly.
Stock investing tip : Buy stocks of Dabur India for short term
This is a stock investing tip to buy stocks of Dabur India for short term time frame. The target price could get achieved in one to two months. Dabur is one of the good FMCG stock as everyone knows. This tip is purely based on analytical indications.
Dabur India touched it's 52 week high recently at Rs 218.95. 52 week low was at Rs 121. Current EPS is Rs 4.87 and P/E stands at 41.37. Although P/E ratio looks high, FMCG stocks have always been considered as safe stocks in stocks markets and so command a higher P/E.
If you look at the 6 months chart, support line is around Rs. 195 which could be considered as stop loss. The target once again could be near to it's 52 week high i.e. 218. This levels provides moderate amount of returns in short term i.e. 1 - 2 months.
To remind you again, this is a stock investing tip for short term (1-2 months) only and not a swing trading or trading opportunity.
One thing to keep in mind is current stock market situation. US markets have tanked today (Wednesday) on the cues of big trade deficit. Indian markets too are looking week since past 2 trading sessions. Take a decision based on market conditions. Do not buy stocks in falling markets immediately today (Thursday). Wait to get a signal on stock market directions.
Dabur India touched it's 52 week high recently at Rs 218.95. 52 week low was at Rs 121. Current EPS is Rs 4.87 and P/E stands at 41.37. Although P/E ratio looks high, FMCG stocks have always been considered as safe stocks in stocks markets and so command a higher P/E.
If you look at the 6 months chart, support line is around Rs. 195 which could be considered as stop loss. The target once again could be near to it's 52 week high i.e. 218. This levels provides moderate amount of returns in short term i.e. 1 - 2 months.
To remind you again, this is a stock investing tip for short term (1-2 months) only and not a swing trading or trading opportunity.
One thing to keep in mind is current stock market situation. US markets have tanked today (Wednesday) on the cues of big trade deficit. Indian markets too are looking week since past 2 trading sessions. Take a decision based on market conditions. Do not buy stocks in falling markets immediately today (Thursday). Wait to get a signal on stock market directions.
Buy stocks of Union Bank of India for mid term
Stock market investment research team of one of the stock trading broker is bullish on Union Bank of India. This is a stock tip based on their equity research report.
They have published a stock research note with "buy stocks" recommendation on Union Bank Of India with Target Price of Rs.350
The reasons behind this stock tip are:
=> 4QFY10 earnings are better than street expectation.
=> Higher than expected non – interest income helped the bank to beat expectations.
=> Sequentially, net interest income grew by a healthy 31% and non interest income increased by 6%.
=> Net interest margin expended by 68bps and loan book grew at 14% quarter on quarter.
=> Gross non performing loans (GNPL) increased by 28% and NNPL (net non performing loans) grew 57% quarter on quarter.
=> Asset quality pressure may persist some more time.
=> For FY11, loan growth is expected at 20% and net interest income may grow at 22% with 2.6% NIM
At the target price, Union Bank stock value stands at 1.8 multiple of FY11 expected adjusted book value and adjusted ROE of 19.6%.
They have published a stock research note with "buy stocks" recommendation on Union Bank Of India with Target Price of Rs.350
The reasons behind this stock tip are:
=> 4QFY10 earnings are better than street expectation.
=> Higher than expected non – interest income helped the bank to beat expectations.
=> Sequentially, net interest income grew by a healthy 31% and non interest income increased by 6%.
=> Net interest margin expended by 68bps and loan book grew at 14% quarter on quarter.
=> Gross non performing loans (GNPL) increased by 28% and NNPL (net non performing loans) grew 57% quarter on quarter.
=> Asset quality pressure may persist some more time.
=> For FY11, loan growth is expected at 20% and net interest income may grow at 22% with 2.6% NIM
At the target price, Union Bank stock value stands at 1.8 multiple of FY11 expected adjusted book value and adjusted ROE of 19.6%.
Stock Tips - Buy Everest Industries Ltd.
Here is a short term stock market trading tip from NSEMumbaiBull group. This stock trading tip could fetch you good 15-20% returns in short term
Stock: Everest Industries Ltd.
BSE Code : 508906
NSE Code : EVERESTIND
CMP: Rs. 177
Target Price: Rs. 205
Stock trading trend clearly shows upward momentum since long time for this stock. With positive stock trend in mind, one can buy stocks for short term gains of 15-20% with mentioned targets above.
You may consider your buying price of around 177 - 180 as stoploss.
Stock: Everest Industries Ltd.
BSE Code : 508906
NSE Code : EVERESTIND
CMP: Rs. 177
Target Price: Rs. 205
Stock trading trend clearly shows upward momentum since long time for this stock. With positive stock trend in mind, one can buy stocks for short term gains of 15-20% with mentioned targets above.
You may consider your buying price of around 177 - 180 as stoploss.
Stock Market Trading Tips - Investment For Mid-Term Time Frame
Here are 3 stock market trading tips provided by Mr. Himanshu Tiwari. He has provided these stock trading tips as his recommended hidden gems.
Himanshu Tiwari's Hidden Gems
Mid Cap Stock
Essar Shipping
CMP: Rs.82
Target: Rs.110
Small Cap Stock Picks
Kamat Hotels
CMP: Rs.69
Target: Rs.85-100
Ester Industries
CMP: Rs.23.5
Target: Rs. 30
P.S. You may consider these as operator driven stock investing tips and take your decision accordingly. You should invest as per your own risk appetite in such stock tips.
Himanshu Tiwari's Hidden Gems
Mid Cap Stock
Essar Shipping
CMP: Rs.82
Target: Rs.110
Small Cap Stock Picks
Kamat Hotels
CMP: Rs.69
Target: Rs.85-100
Ester Industries
CMP: Rs.23.5
Target: Rs. 30
P.S. You may consider these as operator driven stock investing tips and take your decision accordingly. You should invest as per your own risk appetite in such stock tips.
Stock Market Trading Tips - Buy Genus Power Infrastructures
This is an operator and stock traders call provided by a trader group. I am considering it as stock investing tip for short term to medium term.
Buy stocks of Genus power infrastructures ltd. for short to medium term investing at CMP Rs.180 with target of Rs.350. The time horizon could be 6 months.
It is a small cap stock with P/E of only around 5 whereas Industry segment in which it operates have average P/E ratio of 18. Book value of Genus is around Rs.184 which indicates strong value.
Market Cap 266.60
* EPS (TTM) 36.23
* P/E 4.98
* P/C 4.53
* Book Value 184.53
* Price/Book 0.98
Div(%) 10.00
Div Yield(%) 0.55
Market Lot 1.00
Face Value 10.00
Industry P/E 18.78
One with higher risk appetite should buy stocks of Genus for decent gains in short term.
This stock trading tip is provided by Mr. Himanshu Tiwari, who is a stock trader and discusses tips on stock market.
Checkout stock tips section on Indian Stocks News regularly or get e-mail updates so you don't miss.
Buy stocks of Genus power infrastructures ltd. for short to medium term investing at CMP Rs.180 with target of Rs.350. The time horizon could be 6 months.
It is a small cap stock with P/E of only around 5 whereas Industry segment in which it operates have average P/E ratio of 18. Book value of Genus is around Rs.184 which indicates strong value.
Market Cap 266.60
* EPS (TTM) 36.23
* P/E 4.98
* P/C 4.53
* Book Value 184.53
* Price/Book 0.98
Div(%) 10.00
Div Yield(%) 0.55
Market Lot 1.00
Face Value 10.00
Industry P/E 18.78
One with higher risk appetite should buy stocks of Genus for decent gains in short term.
This stock trading tip is provided by Mr. Himanshu Tiwari, who is a stock trader and discusses tips on stock market.
Checkout stock tips section on Indian Stocks News regularly or get e-mail updates so you don't miss.
Stock Trading Tips - Buy Dena Bank For Short Term
Checkout this stock trading tip discussed on Moneycontrol. Rahul Mohindar of Viratechindia has advised to buy stocks of Dena bank as short term stock trading idea.
Banking is a good sector. Dena Bank looks good. The stoploss at this point is Rs 78. The price target is between Rs 95-98. This is a good short term call which means you could get this in something as low as 3-5 weeks. This would be on my buy list.
Dena Bank and Vijaya Bank look very interesting at these levels. Majority of the banking stocks have a good 5-10 bar kind of correction over the last 2-3 weeks, so I think it’s about time they are going to play catch up.
Reading stock charts, one can see the stock correcting between Rs. 80-85. This could be a good level to buy stocks for target of RS. 95-98.
Banking is a good sector. Dena Bank looks good. The stoploss at this point is Rs 78. The price target is between Rs 95-98. This is a good short term call which means you could get this in something as low as 3-5 weeks. This would be on my buy list.
Dena Bank and Vijaya Bank look very interesting at these levels. Majority of the banking stocks have a good 5-10 bar kind of correction over the last 2-3 weeks, so I think it’s about time they are going to play catch up.
Reading stock charts, one can see the stock correcting between Rs. 80-85. This could be a good level to buy stocks for target of RS. 95-98.
Stock Trading Idea - Buy Pritish Nandy Communications
NSEMumbaibull equity research group has recommended to buy stocks of Pritish Nandy Communications (BSE Stock code:532387) as short term stock trading idea.
If you have a look at stock charts, you can see the range bound trading that is happening in the counter. Range seems to be from RS.30-32 to RS.37-40
You may buy stocks around Rs.34-35 for short term gains for target of Rs.40
If you have a look at stock charts, you can see the range bound trading that is happening in the counter. Range seems to be from RS.30-32 to RS.37-40
You may buy stocks around Rs.34-35 for short term gains for target of Rs.40
Stock Tips - Buy Visa Steel For Short Term
NSEMumbaibull, independent equity research group has recommended to buy stocks of Visa steel limited (BSE Stock code: 532721) for short term investment for good returns.
The short term target for shares of Visa steel in coming days could be at Rs. 45.
Looking at the charts, Rs. 36 level seems to be providing a strong support for stock and the upward move can be up to Rs. 44 - 45 Levels where one should sell stocks.
The short term target for shares of Visa steel in coming days could be at Rs. 45.
Looking at the charts, Rs. 36 level seems to be providing a strong support for stock and the upward move can be up to Rs. 44 - 45 Levels where one should sell stocks.
Buy Stocks of Amtek Auto For Short Term
Angel, stock trading broker, has advised traders to buy stocks of Amtek Auto for target of Rs 218 in short term time frame.
Amtek Auto has given a trendline breakout at Rs 194 with rising volumes on the daily chart. Further, RSI and Stochastic oscillators have given a positive crossover. This suggests further upside. Traders can buy this stock at current levels or declines upto Rs 192 with stoploss of Rs 188 for a target of Rs 218 in 5 – 8 trading sessions.
Amtek Auto has given a trendline breakout at Rs 194 with rising volumes on the daily chart. Further, RSI and Stochastic oscillators have given a positive crossover. This suggests further upside. Traders can buy this stock at current levels or declines upto Rs 192 with stoploss of Rs 188 for a target of Rs 218 in 5 – 8 trading sessions.
Buy Stocks of Yes Bank With Target Price of 327
Motilal Oswal, stock trading broker, is bullish on Yes Bank and has recommended to buy stocks with a target of Rs 327, in its report published on November 30, 2009.
“Despite 76% CAGR in assets over FY06-09, Yes Bank’s market share is a mere 0.55% as of September 2009. Rapid branch network expansion, acquisition of new customers and deepening of existing customer relationships would help ensure that its asset growth remains higher than industry. With likely capital raising in next one year (we have factored in USD 235 million at Rs 250 per share), tier-I CAR would improve to ~12% and support asset growth over the next 2-3 years. We expect loan CAGR of 37% and PAT CAGR of ~32% over FY09-12.”
“We expect RoA of 1.5%+ and RoE of 17%+ over the next three years, despite equity dilution. Given the superior return ratios, superlative growth and a competent management, we believe Yes Bank deserves premium valuations. The stock trades at 2.3x FY11E BV and 15.7x FY11E EPS. We initiate coverage with a Buy stocks recommendation and a target price of Rs 327 (3x FY11E BV).”
“Despite 76% CAGR in assets over FY06-09, Yes Bank’s market share is a mere 0.55% as of September 2009. Rapid branch network expansion, acquisition of new customers and deepening of existing customer relationships would help ensure that its asset growth remains higher than industry. With likely capital raising in next one year (we have factored in USD 235 million at Rs 250 per share), tier-I CAR would improve to ~12% and support asset growth over the next 2-3 years. We expect loan CAGR of 37% and PAT CAGR of ~32% over FY09-12.”
“We expect RoA of 1.5%+ and RoE of 17%+ over the next three years, despite equity dilution. Given the superior return ratios, superlative growth and a competent management, we believe Yes Bank deserves premium valuations. The stock trades at 2.3x FY11E BV and 15.7x FY11E EPS. We initiate coverage with a Buy stocks recommendation and a target price of Rs 327 (3x FY11E BV).”
Midcap Stock To Buy - Ador Welding
Nirmal Bang has advised stock traders to buy stocks of Ador Welding from medium term investment perspective. It is of the view that the stock can touch target of Rs. 245.
“Buy stocks of Ador Welding with an investment view. Volumes are not much. The stock has strong support at Rs 125 and if it manages to cross and hold above Rs 180 then the near term target seen at Rs 245,” the report said.
“Buy stocks of Ador Welding with an investment view. Volumes are not much. The stock has strong support at Rs 125 and if it manages to cross and hold above Rs 180 then the near term target seen at Rs 245,” the report said.
Stock Tips For Medium Term Investments From Motilal Oswal
Broking house: Motilal Oswal has recommended following five stocks to buy for mid-term investment.
Mahindra and Mahindra
Recommendation: Buy
MARKET PRICE: Rs 1067.45
TARGET PRICE: Rs 1184
M&M has gone from strength to strength during the quarter. Its market share in overall tractor sales stands at over 40%. It is also expected to benefit from the government’s thrust on the rural economy. Tractors volume growth is seen 6-8% in 2HFY10 and 6-8% CAGR over next 2-3 years.
UNION BANK
Recommendation: Buy
MARKET PRICE: Rs 283.80
TARGET PRICE: Rs 324
Union Bank has a balance sheet size of over Rs 1 lakh crore. Earnings estimates upgraded by 2% for FY10 and by 4% for FY11. The stock trades at 1.1 times FY11E book value and 4.7 times FY11E earning per share. RoA and RoE will remain at over 1.2% and 25%, respectively, in the next two years.
DECCAN CHRONICLE
Recommendation: Buy
MARKET PRICE: Rs 150.90
TARGET PRICE: Rs 188
Deccan Chronicle Holdings (DCHL) is a print media focused company based in Hyderabad. DCHL intends to sell part or its entire stake in its IPL venture, The Deccan Charger Sporting Venture. The team’s recent win in the IPL2 will enable the company to get better valuation.
We estimate PAT growth of 44.7% YoY to Rs 65.5 crore in 2QFY10.
PHOENIX MILLS
Recommendation: Buy
MARKET PRICE: Rs 192.80
TARGET PRICE: Rs 220
Phoenix Mills has emerged as the leader for large scale, mixed format retailed developments. PML is a low-risk play on the domestic consumption story, without retail specific risks. We estimate PML’s revenues and net profit to grow at a CAGR of 58% and 51% respectively, over FY09-12.
SHRIRAM TRANSPORT
Recommendation: Buy
MARKET PRICE: Rs 434.35
TARGET PRICE: Rs 504
We are surprised by the high amount of cash on the balance sheet over last three consecutive quarters. We believe SHTF is consciously keeping higher cash levels on balance sheet learning lessons from the liquidity crunch in 3QFY09 and expected disbursement growth in 2HFY10.
We expect STFC to report EPS of Rs. 37 in FY10 & Rs 49 in FY11.
Mahindra and Mahindra
Recommendation: Buy
MARKET PRICE: Rs 1067.45
TARGET PRICE: Rs 1184
M&M has gone from strength to strength during the quarter. Its market share in overall tractor sales stands at over 40%. It is also expected to benefit from the government’s thrust on the rural economy. Tractors volume growth is seen 6-8% in 2HFY10 and 6-8% CAGR over next 2-3 years.
UNION BANK
Recommendation: Buy
MARKET PRICE: Rs 283.80
TARGET PRICE: Rs 324
Union Bank has a balance sheet size of over Rs 1 lakh crore. Earnings estimates upgraded by 2% for FY10 and by 4% for FY11. The stock trades at 1.1 times FY11E book value and 4.7 times FY11E earning per share. RoA and RoE will remain at over 1.2% and 25%, respectively, in the next two years.
DECCAN CHRONICLE
Recommendation: Buy
MARKET PRICE: Rs 150.90
TARGET PRICE: Rs 188
Deccan Chronicle Holdings (DCHL) is a print media focused company based in Hyderabad. DCHL intends to sell part or its entire stake in its IPL venture, The Deccan Charger Sporting Venture. The team’s recent win in the IPL2 will enable the company to get better valuation.
We estimate PAT growth of 44.7% YoY to Rs 65.5 crore in 2QFY10.
PHOENIX MILLS
Recommendation: Buy
MARKET PRICE: Rs 192.80
TARGET PRICE: Rs 220
Phoenix Mills has emerged as the leader for large scale, mixed format retailed developments. PML is a low-risk play on the domestic consumption story, without retail specific risks. We estimate PML’s revenues and net profit to grow at a CAGR of 58% and 51% respectively, over FY09-12.
SHRIRAM TRANSPORT
Recommendation: Buy
MARKET PRICE: Rs 434.35
TARGET PRICE: Rs 504
We are surprised by the high amount of cash on the balance sheet over last three consecutive quarters. We believe SHTF is consciously keeping higher cash levels on balance sheet learning lessons from the liquidity crunch in 3QFY09 and expected disbursement growth in 2HFY10.
We expect STFC to report EPS of Rs. 37 in FY10 & Rs 49 in FY11.
Stock Tips For Short Term - Buy Eveready Industries
It is recommended to buy stocks of Eveready Industries for good short-term investment returns. It is clear from the charts of the stock that it has been on an intermediate-term uptrend since December 2008 low of Rs 11.50.
In July, the stock breached a key long-term key resistance at Rs 40 and later on it encountered resistance around Rs 75 in September recording a 52-week high. However, the stock witnessed a minor correction until it found support at Rs 55 and resumed its uptrend.
The stock broke through the corrective down trendline as well as 50-day moving average by gaining 10 per cent with heavy volume on November 24. With this the daily and weekly relative strength, indices have entered into the bullish zone. Signalling a buy, the daily moving average convergence and divergence indicator is heading towards the positive territory.
Short-term outlook on the stock is bullish. It’s uptrend is expected to prolong until it hits price target of Rs 75 in the forthcoming trading session. Stock Trader with a short-term horizon can buy stocks, while maintaining a stop-loss at Rs 64.50.
Nirmal Bang stock research house has advised to buy and hold Eveready Industries with an investment view. The stock may touch target of Rs 76-91 as per their stock research.
In July, the stock breached a key long-term key resistance at Rs 40 and later on it encountered resistance around Rs 75 in September recording a 52-week high. However, the stock witnessed a minor correction until it found support at Rs 55 and resumed its uptrend.
The stock broke through the corrective down trendline as well as 50-day moving average by gaining 10 per cent with heavy volume on November 24. With this the daily and weekly relative strength, indices have entered into the bullish zone. Signalling a buy, the daily moving average convergence and divergence indicator is heading towards the positive territory.
Short-term outlook on the stock is bullish. It’s uptrend is expected to prolong until it hits price target of Rs 75 in the forthcoming trading session. Stock Trader with a short-term horizon can buy stocks, while maintaining a stop-loss at Rs 64.50.Nirmal Bang stock research house has advised to buy and hold Eveready Industries with an investment view. The stock may touch target of Rs 76-91 as per their stock research.
Short Term Stock Tips - Buy DLF
Looking at the number of DLF shares being traded in the market, IIFL has recommended a 'buy stocks' rating on the stock with a short term target of Rs. 398. According to IIFL, DLF had seen impressive volume on Friday’s trading session and appears to have taken support between Rs. 350-355 zone.
DLF is a real estate development company in India. The company is primarily engaged in the business of colonization and real estate development. DLF has approximately 425 million square feet of development across its businesses, including developed, on-going and planned projects. The company has 12 million square feet of retail projects under construction and owns land resource of another 92 million square feet for development in metros and other key urban centers. Recently, PVR struck deal with DLF to acquire its multiplex business.
DLF will sell the multiplex business of DT Cinemas (a wholly owned subsidiary of DLF) on a slump sale basis to PVR, for a consideration of Rs. 20 crore in cash and the rest in equity, by issuing 2,557,000 shares. IIFL noted that volumes accompanying the breakout are encouraging, thereby adding confirmation to the bullish outlook of the stock. With the recommended target price of Rs. 398, if the stock is bought at its previous closing price of Rs. 372.15, the percentage of gain would be 6.94 percent.
Note: This target is strictly for short term stock trading and not for mid term or long term investments.
DLF is a real estate development company in India. The company is primarily engaged in the business of colonization and real estate development. DLF has approximately 425 million square feet of development across its businesses, including developed, on-going and planned projects. The company has 12 million square feet of retail projects under construction and owns land resource of another 92 million square feet for development in metros and other key urban centers. Recently, PVR struck deal with DLF to acquire its multiplex business.
DLF will sell the multiplex business of DT Cinemas (a wholly owned subsidiary of DLF) on a slump sale basis to PVR, for a consideration of Rs. 20 crore in cash and the rest in equity, by issuing 2,557,000 shares. IIFL noted that volumes accompanying the breakout are encouraging, thereby adding confirmation to the bullish outlook of the stock. With the recommended target price of Rs. 398, if the stock is bought at its previous closing price of Rs. 372.15, the percentage of gain would be 6.94 percent.
Note: This target is strictly for short term stock trading and not for mid term or long term investments.
Stock Market Tips - Short Term - Ester Industries
The Company is engaged in the manufacturing and selling of polyethylene terephthalate (PET) and engineered plastics. The Company produces polyester resins of various types having different physical and chemical properties.
Ester Industries is a small cap stock trading at a P/E of 4 at CMP. It's book value at 24 is more than it's stock trading price. It looks good as value stock which could fetch good returns in short to medium term.
Company had declared results for 2008-09 with Income of 372 Cr and Net Profit at 33Cr. As per this EPS cpmes at 6.1.
6 Months results for 2009-10: Income 184Cr and Net Profit was 15Cr as per EPS 5.5/-
Next quarter expansion results will add. So Expected EPS for 2009-10 is 7.5. At this EPS, P/E STANDS AT 3. Industry P/E is around 25.
Short term target price for this stock could be around Rs. 35 - 40.
Ester Industries is a small cap stock trading at a P/E of 4 at CMP. It's book value at 24 is more than it's stock trading price. It looks good as value stock which could fetch good returns in short to medium term.
Company had declared results for 2008-09 with Income of 372 Cr and Net Profit at 33Cr. As per this EPS cpmes at 6.1.
6 Months results for 2009-10: Income 184Cr and Net Profit was 15Cr as per EPS 5.5/-
Next quarter expansion results will add. So Expected EPS for 2009-10 is 7.5. At this EPS, P/E STANDS AT 3. Industry P/E is around 25.
Short term target price for this stock could be around Rs. 35 - 40.
Reliance Capital - Stock Recommendation In Equity Research Report
In its latest equity research report, Nirmal Bang, an equity research firm said that Reliance Capital can give good returns in the coming days.
According to Nirmal Bang Research, interested traders can buy the stock with a strict stop loss of Rs 828.
Today (Sep 02), the shares of the company opened at Rs 859.35 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 30.35 & 29.44 respectively. The share price has seen a 52-week high of Rs 1433.25 and a low of Rs 274.20 on BSE.
India`s leading private sector financial services company, Reliance Capital Limited posted a decline of 56% in its consolidated net profit for the three month ended June 2009.
RCL registered a profit of Rs 1.51 billion for the period under review as against Rs 3.43 billion for the quarter ended June 30, 2008.
The company's total income during the quarter dropped marginally 3% to Rs 14.69 billion.
For the quarter ended June 30, 2009, lower capital gains were reserved, due to the planned partial stake sale later this year in Reliance Life Insurance, subject to compulsory authorizations.
Being the sole beneficiary of Reliance Life Insurance, the full advantage of this value unlocking will figure out a part of RCL's net profit for the existing financial year.
According to Nirmal Bang Research, interested traders can buy the stock with a strict stop loss of Rs 828.
Today (Sep 02), the shares of the company opened at Rs 859.35 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 30.35 & 29.44 respectively. The share price has seen a 52-week high of Rs 1433.25 and a low of Rs 274.20 on BSE.
India`s leading private sector financial services company, Reliance Capital Limited posted a decline of 56% in its consolidated net profit for the three month ended June 2009.
RCL registered a profit of Rs 1.51 billion for the period under review as against Rs 3.43 billion for the quarter ended June 30, 2008.
The company's total income during the quarter dropped marginally 3% to Rs 14.69 billion.
For the quarter ended June 30, 2009, lower capital gains were reserved, due to the planned partial stake sale later this year in Reliance Life Insurance, subject to compulsory authorizations.
Being the sole beneficiary of Reliance Life Insurance, the full advantage of this value unlocking will figure out a part of RCL's net profit for the existing financial year.
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