Ashwani Gujral has given a buy recommendation for Oswal Chemical with a stop loss of Rs 40 for a target of Rs 62.
I had given this call when it was 36.15 :-)
CMP: 50.40
RNRL was up 21% again today and closed at 93.60!! NSE posted record turnover today thanks to anything named Reliance!!!
HDFC has cut the floating home loan rates by 0.5%, FIxed home loan however remains at 13.25%.
Unitech has the momentum to touch Rs 400 levels.
CMP: Rs 350.25
RNRL soared by almost 38% on friday on reports of Anil Ambani group having applied for a licence to foray into gas distribution business. It touched Rs 76.60, up almost 35% on BSE. Over the last one week it has gained almost 50%!!
Cairn India is looking very positive and may touch 200
CMP: 178
Rupee finally breached the psychological mork of 40 to touch 39.85 against the dollar, a nine year high!!! It closed today at 39.89. Rupee a better bet than the stock markets then??
DISCLAIMER: The author is not a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.
