Stock Trading

GMR Infra Delivery Call

Technical Analyst Deepak Mohoni has suggested to buy delivery call of GMR Infra in case the stock crosses Rs 330 before 3.20 pm. The closing market calls comes as the stock exchange has regained very smartly in last 30 minutes of trade.

The stock markets were trading lower for most part of the trading session. Markets tried to come back into green many a times, but the gains could not be sustained.

GMR Infra has been trading strong in today’s weak markets. The stock has traded on an average of Rs 228 on National Stock Exchange.

Omaxe Delivery Call

Indiabulls research has suggested to buy Omaxe to be sold tomorrow. The delivery call for the day has been given as the stock has performed well in an otherwise weak market.

The stock has gained 6.6%. The stock can offer decent gains tomorrow. The market improved very quickly towards the end of trading session. Technical analysts expect a pull back from lower levels.

Real Estate leader Omaxe has touched a high of Rs 376.60 and a low of Rs 345 in today’s trading session on National Stock Exchange.

Buy Redington India

Redington (India)Redington (India) has an intraday target of Rs 318-336. So, the interested investors should purchase Redington (India) stock with a stop loss at Rs 300.

In early trading, the stock is hovering near Rs 305, down 0.3% from its yesterday’s closure on BSE.

Investors need not to worry as the stock has the capacity to break its earlier records, and achieve the said target.

Redington India is in the process of getting hold of a Delhi based Non Banking Finance Company (NBFC), Easyaccess Financial Services. The deal is subject to the necessary regulatory approvals.

Pioneer Embroideries

pioneer groupTechnical Analysts have suggested investors to buy Pioneer Embroideries as it is a good stock for intraday dealings.

Investors can purchase Pioneer Embroideries stock at around Rs 177 to achieve a target of Rs 208-214. The stock has performed brilliantly in yesterday’s weak market. If the stock market declines, investors should leave the stock.

Pioneer Embroideries Ltd has informed BSE that the company has signed up a development contract with Sunteck Realty & Infrastructure Ltd, for expansion of its property, located at Hakoba Compound, Western Express Highway, Borivali (East), Mumbai.

Zenith Birla

Zenith Birla India LtdZenith Birla is going against the market tide, and if the investors want to take advantage of this volatility, buy it around Rs 61. The stop loss is at Rs 59, and it will definitely reach above Rs 67-70.

Zenith Birla is looking too strong at current levels. The stock closed at Rs 64.60 (up 7.5%) on BSE yesterday. The 52-week high of the stock was Rs 65.90.

Buy the stock and see the difference. It will really outperform the stock market.

Zenith Birla (India) is eyeing the oil and gas pipeline market in the US and West Asia.

ACC Limited

acc_logoInvestors are suggested to buy ACC Ltd for intraday trading for 22 November for good returns. The stock was holding strong is yesterday's weak market and there may be decent gains if the market doesn't fall further. If the market falls, investors should exit the stock. For intraday trading the stop loss should be put around 1% less than yesterday's closing.

It is the stock that will perform brilliantly in these days, and this will definitely left capitalists with great earnings in the said time period.

Buy Polaris Software

polaris_logoPolaris Software is looking strong, and it will surely reach above Rs 122 in the short run.

Investors with a high-risk desire can consider an exposure in the Polaris Software stock taking advantage of the recent weakness.

Stock analysts have a buy recommendation outstanding on this stock. The stock has seen a decent rise in recent trading sessions.

Interested investors may buy the stock around 110, with a stop loss at Rs 106. Yesterday, the stock marked its closure at Rs 115.10, up 4.8% on BSE. Investors can surely reap good returns from this brilliant stock.

Caution for Small Investors

Indian Stock Markets fallSmall investors should be cautious in Stock markets for the current week. The Indian stock markets have been falling due to selling pressure. Mid-cap stocks have also reacted sharply. BSE Sensex lost nearly 3.7% as traders reduced their positions.

Small investors should stay away for some time from the stock markets. There may be some opportunity at lower levels in some select counters. Investors should only buy in those counters if they can hold on for some time. The expiry for November contracts for F&O is also approaching. So, the selling pressure could be higher.

Colgate Palmolive

Colgate Palmolive (India) is holding strong in today’s weak stock markets. The stock has seen a decent rise in recent trading sessions. The management announced that Colgate will reduce its stock face value to Re 1 per share.

Colgate Palmolive Board has decided to offer Rs 9 to each shareholder in cash. The company will not split the stock, but will reduce its price to Re 1 each from the current face value of Rs 10.

The trading in equity shares of Colgate Palmolive India Ltd on the stock exchanges shall be suspended from November 29 on account of reduction of equity share capital.

The stock is hovering around its 52-week high. Colgate Palmolive has touched a high of Rs 418.80 in today’s trading session on National Stock Exchange.

Deccan Aviation

Deccan Aviation is looking strong at current levels. The stock has moved quite nicely yesterday. Even in weak market, the stock is holding strong today. The stock closed at Rs 192 on NSE yesterday. Today, Deccan Aviation has touched a high of Rs 212 and till 12.50, the total volume on NSE crossed 78 lakh shares.

Deccan Aviation can profit in the years to come. The company is in secure hands. After Vijay Mallya bought stake in Deccan, lot of positive news have come on this counter. The company is biggest low-cost carrier in the country.

Religare touched a high of Rs 601 on its First Day in Stock Markets

Religare Lists on Stock Exchanges with Premium

Religare Enterprises has got listed on Stock Exchanges today. The stock has offered decent returns to investors. The IPO was over-subscribed by 156 times. Good amount of premium was expected by technical analysts on listing of Religare. Ranbaxy’s Investment Services Company Religare has a good balance sheet. The company is trading at a decent P/E ratio and the investment & finance sector is booming.

Buy Bharti Airtel, RIL, SBI For Steady Gains - PN Vijay

Portfolio Manager PN VijayPortfolio Manager, PN Vijay suggests investors to purchase Bharti Airtel, State Bank of India, SBI, Reliance Industries with a 6-12 month outlook.

Stock Market To Track Global Signs On Thursday - Technical Analysts

Rohit Mehta, head equities, Dimpi Investments said that yesterday the stock market caught stock specific trends only and closed after losing 16 points. There was no major action in the stock market. But, fertilizer sector did well.

He anticipates market to obtain clues from the international markets in Thursday’s trading session. For the next 10 days, worldwide markets would be directing Indian market motility. He is confident on Nagarjuna Fertilizer for the coming trading session.

Vishal Lakhani, senior dealer, Networth Stock Broking stated that yesterday, the market stayed unconditional, as no major buying was figured. There was no large volume, excepting the power sector companies including Reliance Energy, Tata Power and NTPC.

It’s Time To Hold IFCI, Says Jain

Rajesh Jain of Pranav Securities believes that it’s beneficial to hold Industrial Finance Corporation of India, IFCI at the moment. IFCI is a slow mover, but it has lots of potential to go up.

Jain told, "In the best of situation, if everything goes the right way then IFCI could give you almost a 50% gain from this point. If you look at the portfolio that IFCI has to offer to an investor at this point, there are NPs for which recoveries have started you could almost raise Rs 2,000-2,500 crore out of that. The hidden real estate value put anywhere between Rs 3,000-4,000 crore."

Stock Markets Likely to be Volatile on Tuesday - Brokers Viewpoint

Rahul Agarwal, VP, Institutional Sales, LKP Shares, said that today stock market was performing steadily because of the absence of aggressive selling. Volumes remained on the lower side as less of institutional buying was seen today. There was broad-based buying across all the sectors, though IT sector under-performed markets. He expects volatility with a negative bias to be seen in the Tuesday`s trading session.

Bhupendra Sharma, vice president, Hornic Investments stated that today market traded decisively all through the day, as it ended the day 149 points. It was mainly because of good worldwide cues. No major buying took place today. There was careful buying and the majority of the small cap companies did well today.

Baliga Suggests Long-Term Level For Infosys

Infosys TechnologiesAmbareesh 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.

Infosys Has Strong Support At Rs 1850, Says Rahul Mohindar

Infosys TechnologiesRahul 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."

Enter markets at every Downfall - Indian Companies are Fundamentally Strong

Stock MarketThe 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.

Four Wheeler Auto Stocks Good For Long term Gains

Viratechindia’s Rahul Mohindar has suggested investors to invest in four wheeler auto stocks for long-term.

Mohindar told, “Auto stocks look interesting, Maruti, Tata Motors, across the board there in the four wheelers segment one could see some buying at lower levels. So, one would look at investing into these stocks for a longer-term perspective.”

He further added that four wheeler auto stocks are best for those who want to invest money to reap gains in the long term. But those who want quick gains should avoid these stocks.

Keep a Close eye at IDBI - Rahul Mohindar

It was a IDBI Bankfeeble day for the stock markets followed by instability and indecision due to sub prime mortgage concerns.

Sensex lost 207.83 points at 15100.15, while the Nifty ended 58.90 points down at 4403.20.

Rahul Mohindar of Viratechindia.com is optimistic on IDBI

The Industrial Development Bank of India Limited (IDBI) is one of India's top public sector banks. It was founded in 1964 by an Act of Parliament as a wholly owned subsidiary of the RBI to offer credit and other facilities for the growth of the fledgling Indian business.




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