Investment ideas March 26, 2010
SELL India Cements CMP Rs133
We raise our target price to Rs112 from Rs101, but retain SELL
BUY Cairn India CMP Rs295
We raise our target price to Rs327/share and upgrade our rating to BUY
Technical ideas
BUY Alstom Projects CMP Rs627
The daily RSI is already in strong buy mode. The stock has closed above all its key daily
Moving Averages. Keeping in mind the above-mentioned evidences, we recommend high risk
Traders to buy the stock between the range of Rs620-630 with a stop loss of Rs600for a target of
Rs680.
BUY Tata Motors CMP Rs750
A break above Rs760, could lead to a fresh upmove.The daily RSI has entered into a strong buy
Mode keeping in mind the above-mentioned evidences, we recommend high risk traders to buy
The stock between the range of Rs745-756 with a stop loss of Rs732 for a target of Rs785 and Rs795.
SELL |