Friday, August 13, 2010

PICKS - AUG 10

I will grab the folowing picks:

Expected to move in short term: (Risk factor : Higher)
- Buy RENUKA AUG FUR <= 67-68 Target 75-80 Duration 3-6 months.

Operator based scripts expected to move in medium term: (Risk factor : Higher)
- Buy IFCI AUG FUR <= 59-60 Target 80-100 Duration 6-12 months.
- Buy ASHOKLEYLAND AUG Fur <= 69-70 Target 80-100 Duration 6-12 months.

Keep a watch...

Just keep a watch i will come back with some recommondations

Movers:
- BANKNIFTY 10700+ levels are expected

Expected movers:
- RENUKA Sugars (Future)

Operator based scripts (be careful - should only be entered on specific levels)
- IFCI
- ASHOKLEYLAND
- SUZLON