Stock Views And Recommendations

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ICICI Bank Ltd(Hold)
Rs. 1110.35 -4.45 (-0.40%)
STOP LOSS: Rs. 1088 TARGET: Rs. 1175
Stock Views -: The stock is looking expensive. In the short term buyback at lower levels. I would recommend that one should sell at current rally and re-enter at lower levels subsequently. So, hold it for now.

Bharti Airtel Ltd(Hold)

Rs. 372.75 -0.35 (-0.09%)
STOP LOSS: Rs. 355 TARGET: Rs. 420
Stock Views -: At this moment is risky to buy Airtel but if somebody is holding it then he can carry it for the momentum play. For the long term the worst seems to be behind the sector as consolidation is taking place.

Power Grid Corporation of India Ltd(Hold)

Rs. 106.80 1.00 (0.95%)
STOP LOSS: Rs. 94.00 TARGET: Rs. 120.00
Stock Views -: The stock is moving sideways. Within one year time horizon, the stock may touch Rs. 120 on the upside and Rs. 100 on the downside. Hold and buy the stock with a stop loss of Rs. 94.

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