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Sunday, October 15, 2006

Market At All Time High

As every one knows that market hit the all time high on Friday after the splended the Q2 result from Infy and the rally is all set to continue this festive season. This market rally of reaching all time high is somewhat different from that we witnessed in June, here midcaps have been laggrd and large caps have taken the charge of the sentiments.

Now the big question remains for all the investors is what to buy in this situation and where is value as well as good returns. I have giving detail report on the Top Ten Picks this week to give handsome return.

  1. BHEL ( Excellent set of numbers is expected and this stock has been bit of in the cosolidation phase from past two weeks and the rapid surge is expected here and which could take is pass 2500 from the current level of 2395. ) [ Cmp. 2395]
  2. Ashok Leyland ( The strongest company of the auto sector on the charts technically and it is likely to pass its 52 week high of 53 from the current level of 47.40 ) [Cmp. 47.40]
  3. Patel Engneering ( Strong construction company with order book full for next 3 yrs and domestic mutual funds are really heavy on it and buying it at cureent level of 361 would mean a short term target of 425 in a week time and good result and growth may help it to pass 450. ) [Cmp. 361]
  4. Escorts ( This stock is tarding in the zone of 128 to 133 from last few and has thus formed a good base for the further upmove and a closing pass 136 would mean a target of 150 in just 2-3 days. ) [Cmp. 130]
  5. Dabur India ( This stock again has been in the zone of 138-141 for past few days and a really big rally is expected from current level a closing pass 145 would it can easily go pass 175 in a week time. ) [Cmp. 140]
  6. GMR Industries ( This stock is hitting circuit of 5% from past 3 days and this is all set to continue without any blip a buy at current level would mean consistent gain for at least a week that would mean a total of 40% in a week at least. Try to buy it early in the morning trade before it hits the circuit. ) [Cmp. 234]
  7. India Bulls ( All set to pass 500 this week with its result coming this week and possibly the details of its demerger. ) [Cmp. 408]
  8. Provogue [Cmp. 367]
  9. Jain Studios [Cmp. 17.10]
  10. Aravali Securities [Cmp. 26.55]

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