Thursday, June 11, 2009

Hope you all have earned good money in IDFC, CMC, Petronet, Kalindee Rail, Videocon and Unitech...

Continue to hold IDFC.. It can shoot upto 165+ by end of June expiry.

Stock To Watch for short term
Larsen & Toubro Ltd (1633.65)
According to source L&T is considering selling most of Ultratech stake. This will unlock lot of value for L&T. Buy L&T with holding period of 1 - 3 days.
Target: 1660 - 1700

Suzlon Energy Ltd (123.85)
Suzlon is seeing some consolidation around 120 - 125 levels. It has minnor resistance at 127. On down side Suzlon Energy Ltd has support 118.
Target: 128 - 132

RDB Industries Ltd (89.40)
Company has signed a deal to buy 23 Acres of Land at Surat for Rs 132 Crores and plans to build an integrated township of about 27 Lac Sq ft in Surat. Buy with holding period of 1 - 5 days.
Target: 100

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