30 May 2010

Stock and Market Views

TECHNICAL ANALYSIS: Index Outlook: End of correction?
The keystone of technical analysis is the belief that news flow is only incidental and stock price movements are governed by the twin forces of demand and supply. This fact was borne out yet again by the movement in equity markets this ...

STOCKS: Hindustan Unilever: Buy
The Hindustan Unilever (HUL) stock has been the sole exception to the re-rating enjoyed by consumer companies over the ...

STOCKS: Sun Pharmaceuticals: Buy
Better-than-expected financial performance, promising outlook for its domestic and international formulations business and the possibility of resumption in manufacturing at Caraco's site by the end of this year make Sun Pharmaceuticals ...

STOCKS: SAIL: Hold
Investors can consider holding on to steel major SAIL, whose massive size in terms of production capacity, raw materials and cash, coupled with low levels of debt and a robust domestic market for its products, makes for a compelling case to ...

STOCKS: NIIT: Buy
Investors with a two-year horizon can consider taking exposure to the stock of NIIT, a training solutions provider for individuals and corporates, given the broad-based recovery in all its key segments ...


TECHNICAL ANALYSIS: Consider bear-put strategy on Nifty
The Nifty rollover figures this time around have been on the lower side, lower than even its previous three-month and six-month averages. The looming uncertainty in global financial markets and the short squeeze witnessed in the last two days ...

TECHNICAL ANALYSIS: Go short in RNRL
RNRL (Rs 52): The stock has been in a downtrend for the last nine months, though it witnessed a pull back rally in the last ten days. As long as it stays below Rs 76, the outlook remains negative. The stock now finds crucial support at Rs ...

TECHNICAL ANALYSIS: Pivotals: Reliance Industries (Rs 1,033.8)
It was an extremely volatile period for Reliance Industries in May as the stock spiked to Rs 1,093.6 and then crashed towards our lower medium-term target of Rs 966. The short-term trend in the stock is down since the May 13 peak of Rs 1,093. ...

TECHNICAL ANALYSIS: Sizzling Stocks: Sesa Goa (Rs 373.8)
Sesa Goa turned red hot on Friday as market participants decided that the recent sell-off was excessive and Chinese demand was unlikely to wane anytime soon. The stock spiked to the high of Rs 375 on Friday to record gain of over 20 per cent ...

TECHNICAL ANALYSIS: Query Corner: Godrej Ind in medium-term downtrend
I have purchased the shares of Everest Kanto Cylinder at Rs 140 and Subex at Rs 73. What is the outlook for the above shares? J. Sadeesh kumar, R. Sandhya Lakshmi, S. ...




Heard on the Street: Local mutual fund takes fancy to Crompton

Eurozone woes to haunt markets: Analysts

Review: HTC EVO 4G mobiles

Bajaj Auto, Tata Motors top two bets for next 12 months: Shankar Sharma

Avoid buying RCom, RIL stocks: Shankar Sharma

Essar to buy Avaya's AGC Networks for Rs 206 cr

M&M net up 36% at Rs 570 cr

Strategies: Expert tips on stocks, sectors buzzing this wk



Hindalco Industries


Glenmark Pharma


GMDC


Apollo Tyres


GSFC


Weekly Watch - May 29 2010


Grasim, Everonn Systems, NTPC


Fortis Healthcare Limited




Src: Economictimes, DP blog , Businessline and etc