My first call is a long call on Noida Toll Bridge Company with a target of Rs 26.75. In month of October the stock corrected from levels closer to Rs 30 to levels closer to Rs 24. On Friday the authorities have got government permission to increase the toll prices in range of 8-15 percent and that should act as a catalyst for short-term buoyancy in this stock.
Second call is a long call on JM Financial with target price of Rs 19.80 for the day. This stock has been moving very steadily since month of August and most of these times the stock has been trading above short-term 20 DMA and the stock is also a very decent dividend player. Apart from that what we have seen in last few days the volumes have been very heavy. The stock could easily scale to levels closer to Rs 22-23 on short-term basis.
My third call is a long call on Ashok Leyland . What we have seen in last 5-7 trading days, the volumes have been very heavy in this stock and on Friday's trading session what we have seen that stock managed to close just above its 200 DMA giving a very positive bullish signal for coming week and the kind of volumes we have seen in the stock, we believe that this stock is heading to levels closer to Rs 29-30 in coming days. However, for the day my target price is Rs 27.
My fourth and final call is a short call on India Cements . The way this stock has corrected from levels closer to Rs 100 to levels below Rs 90 in few trading sessions and the volumes have been very heavy, technical of the stock on Friday seemed to be very bearish. I think these bearish conditions could continue for this stock and with market not looking all that exciting, Nifty looking not that exciting the stock could correct to levels closer to Rs 85 in 1 or 2 trading sessions.
Anda sedang membaca artikel tentang
Buy Noida Toll, JM Financial; short India Cements: Jain
Dengan url
https://rokokkanker.blogspot.com/2012/11/buy-noida-toll-jm-financial-short-india.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Buy Noida Toll, JM Financial; short India Cements: Jain
namun jangan lupa untuk meletakkan link
Buy Noida Toll, JM Financial; short India Cements: Jain
sebagai sumbernya
0 komentar:
Posting Komentar