I wish you all a happy 2011 and happy trading days. But never forget to keep the stop loss.
1) Satyam Computer Services
Current Market Price - 71.30
Best Buy - 63.00 - 65.00
Stop Loss - 49.00
Target Price - 95 & 110
Expected Return in 2011 - 50 - 70%
2) Educomp Solutions
Current Market Price - 542.5
Best Buy - 490 - 510
Stop Loss - 448
Target Price - 630 & 700
Expected Return in 2011 - 30 - 43%
3) DLF Ltd
Current Market Price - 282
Best Buy - 270 - 275
Stop Loss - 248
Target Price - 370 & 410
Expected Return in 2011 - 35 - 50%
4) Reliance Communication
Current Market Price - 138
Best Buy - 125 - 130
Stop Loss - 114
Target Price - 175 & 200
Expected Return in 2011 - 45 - 60%
5) LIC Housing Finance
Current Market Price - 187
Best Buy - 170 - 175
Stop Loss - 148
Target Price - 230 & 260
Expected Return in 2011 - 35 -50%
Apart from the above stocks, the Following stocks can also give better returns.
1) Yes Bank - Buy 270 Levels - Stop Loss below 250 Target 360 & 375
2) Neyveli Lignite - Buy Below 125 - Stop Loss Below 110 - Target 160 & 175
3) Tata Global Beverage - Buy Below 110 - Stop Loss Below 95 - Target 140 & 160
really a good blog and good stock picks other than dlf and reliance communication. good work baskar
ReplyDeleteThanks Karthik. I am confident on DLF and R'COM because of their market share in their respective segments.
ReplyDeleteI picked DLF because of their business module and order bookings. R'COM because of their 3G future more over they are the only Telecom company in India which have GSM and CDMA technology. Their 2 G licence will not get cancelled at all.