Saturday, January 23, 2010

Stock Tips for January, 2010

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Stock Market tanked last 2 days. Will the markets go down further or will it stabilize? We believe this is just a correction as the markets had been going up for a while and had to stabilize at some level. This gives an opportunity to investors to get into some value stocks.

Banks and Real estate stocks have taken a beating as it is expected that RBI would raise key interest rates. But we believe that market has already built minimal interest rate hike into the stock price. We would recommend the following stocks:

Unitech - Enter at Rs 70-77 level. It is likely to give 15-20% return in the mid term.
DLF - Enter at Rs 340-350 level. It is likely to give around 15% return in the mid term.
L&T - The stock price nosedived last 2 days on the backdrop of not-so-good results. Enter at Rs 1300-1400 level. This is a stock for long term and investor could accumulate this stock whenever there is an opportunity. A small blip does not effect its long term value.
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1 comment:

  1. these are most common tips...if any one is following market will take call on these.... :)