Tips

I think the market is witnessing correction .There will be 1000-1500 points correction expected.After correction a bull market is expected for another 1-2 months or when sensex touches 15000 mark.Some good picks after correction are hydrabad industries and century textiles.Both these stocks can do well and give good returns.Cipla also looks good with a target of 300+ in short term.I think for medium term investors can exit from hindalco.I suggested buying the stock couple of months back and it has achieved the target.Evenif the stock is down from my suggestion price,Suzlon energy is an excellent buy.

Reliance petroleum can be bought at any price below 105.That will be a good entry for that stock with long term perspective.Short term traders can book profit from stocks which gave 20% returns.In one of my previous posts I mentioned about MRO-Teck, investors can hold the stock for some more period for a target of 125.Sometimes this stock will correct to 92-95 levels,it is a good chance to buy at that levels.Ansal housing is also a good buy below 400.The medium term target is 500.Tisco is likely to announce rights issue.(not bonus,stock split)Tata motors can be bought for short -medium term the short term target is 1100 ,any buy below 950 will be good for this stock

There is a market rumor that Tisco may consider stock split or bonus.

VSNL-BUY TARGET 510 MTNL-BUY TARGET 250 HINDALCO-HOLD TARGET 250 Market may be volatile and traders can book profit and keep cash withhand to enter in Reliance petroleum.Videsh Sanchar Nigam Ltd on Monday said it has signed a share purchase agreement to acquire Direct Internet Ltd and its subsidiary for Rs 75 crore. The agreement was signed by VSNL for acquiring DIL and its wholly owned subsidiary Primus Telecommunications India Ltd.It is good to enter into VSNL at current levels with a target of 600 in medium term and 500-510 in short term.The stop loss can be put at 460. MTNL on Monday got a letter of intent from the government giving it the go-ahead for an NLD license. With license bagged, a strident MTNL is bargaining for unheard-of carriage rates from its bigger brother BSNL on long-distance routes. Holding MTNL for medium term will be benificial. In one of my previous posts I recommended to buy hindalco with a target of 210-220 and it has reached and after the results and alumini

Experts are sure that market will touch 15K-16K with in 10-12 months .So the strategy should be keep invested to reep the sucess.Reliance infra structure is again in upper lock.That stock will sure hit 1000 mark within months.In one of my early posts I had mentioned about this stock and its target, at that time the price was around 380 and now it moved to 711.Niit tech is 5% up I think it started the rally and will hit the target of 290 in short term.Niit tech and orient hotels are two goods stocks to watch in coming days.

Arvind mills is a good stock to invest with long term perspective the target can be at 400-450 in 2 years.From the results point of view Amtek auto,IDFC,Stoppers stop,Sasken communications can be bought for short to medium term investment. Cipla allots bonus shares. RPL, which priced its IPO at Rs 60 a share, received 21.20 lakh applications from retail investors, beating previous records set by TCS (just over 12 lakh) and NTPC (14 lakh). Sources said that the demat accounts of the successful applicants were credited with RPL shares in the evening.According to expert opinion one can hold RPL shares for short-medium term. Reliance petroleum likely to list on May 11 th. United Breweries to consider stock split. Experts advice investors to stay invested in Realty stocks, See the report from Money control . From the article its clear that investing in Bombay dyeing,Reliance industries,Ansal properties etc are good buys at this time also .

Investors who bought GVK infrastructure can hold for some more period,The short term target is 350.Also oriental hotels also may see some action in near future.Keep holding .Sintex India is also a good buy for long term. Click here for Reliance petroleum IPO alottment status.