Stock Views And Recommendations

Bajaj Hindusthan Ltd(Hold)
Rs. 124.70 -0.55 (-0.44%)
Things are turning better for the sugar sector. The festival season is lined up which will increase the demand. The government is considering a proposal to decontrol the sector which will be a big trigger.

Mahindra Satyam(Sell)
Rs. 91.70 1.70 (+1.89%)
Even after a year or so ago, the stock has not done much despite the markets posting good gains. Momentum will return in the counter till we get a breakout of a falling trend line which is at 110 and 115 levels. You can return to the counter, if the resistance of 110 is taken out.

Tata Steel Ltd(Hold)
Rs. 603.40 6.60 +(1.11%)
The company has decided to shed non-performing units in the UK. The company is planning to buy ore mines in other part of the world.

Ranbaxy (Buy)
Rs. 504.45 00.10(+00.02%)
When the stock crosses 515, I would be a buyer in this particular counter. The expected target on the higher side would be around 550 to 555. The moment it goes above 515, we expect strong momentum to emerge in Ranbaxy.

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