TIPS For Tuesday, 22nd September 2009

Star performer of the week was Classic Diamond, recommended on 10 Sept at 20 zoomed to 30.3 on 18 th sept. A whooping 51% rise within a week's time, though much beyond our own expectations also. Raymond Ltd also rose to 225 within a week's time from 189, a 20% rise.

Here are our recommendations for Tuesday, the 22nd September 2009

Some of the stocks have been recommended again with reviewed buy call, SL & target. All these calls are fundamental delivery calls.In case of trend reversal, keep a strict stop loss.Day traders may, however, keep a lower SL of 1% and target of 2-4%,but buy only if buy above is triggered.Markets are hovering near their highs and upsides from here are still in scene but caution & patience is required.

Please read disclosure and disclaimer before taking any investment decision, though our earlier recommendations have been successful beyond expectations.Happy Investing…..

 

SCRIP	BUY ABOVE	TARGET	SL	TYPE	Horizon
HCL TECHNOLOGIES	335	350	320	ST	One month
SRI RENUKA SUGAR	201	220	190	ST	One month
RAYMOND	225	258	210	MT	Two Months
KSK ENERGY VENTURES LIMITED	207	287	190	MT	Two months
IDFC	146	167	125	ST	One month
ASHOK LEYLAND	40.90	51	39.2	ST	One month
INDUSIND BANK	108.50	185	100	LT	6-9 Months
MYSORE CEMENT	46.50	55	43	ST	One month
RELIANCE CAPITAL	927	1050	900	MT	Four months