Tuesday, August 19, 2014

Watch list for : 19-Aug-14

Looking to buy the following stock(s) today:
MONNET ISPAT (cmp 127),   buy at 125.05 for targets = 129.90, 132.40, 134.90, 137.40, 139.90 keep stop loss @ 120, targets expected within 10-15 trading sessions. 
Short term 3 months target will be 144 & 154
However if the stock remains weak and closes below 120 then it is likely to reach 100 / 85 levels.

AMBUJA CEMENT (cmp 214),   buy at 212.60 for targets = 219.40, 224.40 keep stop loss @ 209, targets expected within 4-5 trading sessions. 
Short term 1-3 months target will be 229 & 234
However if the stock remains weak and closes below 200 then it is likely to reach 175 / 165 levels.


Also watch Crompton Greaves,  JP Associates, Hindustan Zinc & LIC Housing Finance for buying opportunities.

Yesterday all our 5 stocks recommended did very well and gave positive returns.