According to technical forecaster, Ashwani Gujral the Punj Lloyd can climb upto Rs 390.
Gujral said, “For Punj Lloyd Rs 280-285 is a key resistance, once it can stay above that, then it can easily go up to Rs 390. The important point here is that people are very cautious but the market is not responding with the vigor on the downside”
He further added, "In case no more bad news comes in, we could slowly have this market moving higher and mid caps could lead the charge from here, because they have fallen much less and probably the hedge funds etc. they have much lower exposure to mid caps."
Ambareesh Baliga of Karvy Stock Broking believes that Infosys Technologies can definitely touch Rs 2200-2400 in the coming 6-9 months.
He suggested investors to hold the stock for long term, and when it reaches or crosses this expected level, they can make their profits from this evergreen stock.
Rahul Mohindar of Viratechindia has suggested a support level for Infosys Technologies at Rs 1850.
Mohindar stated, “If one looks at the last five months data of Satyam, it more looks like a move from Rs 450 to more than Rs 500 levels. It has really been working itself within these levels, so we have not been very bullish. I think the investorsstocks like Satyam and I still think that there is still some pain in that stock. So there is possibly a visible downside of another 10% but I do not see too much more than that."
The stock markets internationally have been falling on worries that the sub-prime problem is dispersing to other sections and areas, and India seems to have jumped onto that trend. Here are some stocks that investors can buy in this descending market.
Anil Manghnani is confident on Kotak Mahindra Bank, Cummins, IFCI, Axis Bank, and Reliance Capital from among the Nifty Junior.
From the Nifty, Mr. Manghnani wishes all the capital goods stocks including ABB, L&T, and Bhel. He also likes HDFC, HDFC Bank, Bharti, Reliance Industries, Zee, Tata Steel, and Sail.
According to technical forecaster, Ashwani Gujral the Punj Lloyd can climb upto Rs 390. 
Ambareesh Baliga of Karvy Stock Broking believes that Infosys Technologies can definitely touch Rs 2200-2400 in the coming 6-9 months. 
Rahul Mohindar of Viratechindia has suggested a support level for Infosys Technologies at Rs 1850.
Mumbai: Today, the Indian stock markets opened on a bleak note at 14,674.92, and continued to trade imp
The stock markets internationally have been falling on worries that the sub-prime problem is dispersing to other sections and areas, and India seems to have jumped onto that trend. Here are some stocks that investors can buy in this descending market. 
