September 28, 2007

Tata Steel can give good return in Long run

Tata Steel

Investors can BUY Tata Steel even at the current prices, the stock will still continue to perform well and give good returns over the next 3-6 months. So it is a sector where there is lot of high hopes. I think the results will not disappoint. But a careful thing that investors have to notice is that some of the smallcap metal stocks are flying high just because they got the right name in the company. Fundamentally, some of those companies may not deliver that sort of results that the frontline companies will deliver."

RNRL

The best rate to consolidate at 70 Rs and expect the target rate to Rs 200 in 2 years

IFCI

Rs. 80 -85 best price to accumulate ... expect the price to move up to Rs 125 in 6 months

India bulls Real estate

Indiabulls Real Estate is trading at new highs and has broken out a few days back. It should probably head towards Rs 800. But we need to have a close eye on how much leverage and the kind of cost of carry this market is building up. Reactions will be quite steep and sharp.

IVRCL

Accumulate for long term to get the price of 750+

Rel. Energy

Reliance Energy continues to surprise because it has now achieved all kinds of targets. Probably, one should keep a stop of about Rs 1,100 and let it ride it. It could probably head up to levels of Rs 1,350.

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