Technical Analyst, Sudarshan Sukhani holds the view that Arvind Mills can be accumulated on dips. He thinks that it has had a breakout from its range and is on definite upward tread. This is a good opportunity to buy.
CMP: 61.90
It is speculated that Reliance power is going to raise around $2.5-3 billion through IPO. Reliance Power is a 51% Subsidiary of Reliance Energy.
Kesoram Industries is looking quite good with a target of Rs 680-700. Keep a stop loss of Rs 515-520
CMP: Rs 578
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.
