Stocks Available at Attractive Valuations

With stock market falling like nine pins today on account of global cues many of the frontline and midcaps are now available at attractive valuations.

At these prices there is hardly any downward movements in these stocks and the upper movement of 30%-40% is expected in 2 months of time frame.

Here are the handpicked stocks.

1. India Bulls Financials [ cmp. 495 ] -- Buy this stock for a target of 700 in 2 months. It has fallen from a level of 690 with lots of mergers and takeovers happening in our financial brokerage business company one can be rest assure that this stock has a huge way to go.
2. India Infoline [ cmp. 582 ] -- Similar kind of fundamental story as that of India Bulls financials this stock has also falled from a level of 800 which is closer to 40%. The borkerages company are sowing some where around 30-50% increase in profits on q to q basis. Buy for a targer of 800 in 3 months.
3. Ansal Properties and Infra [ cmp. 250 ] -- The reality is the most beaten down sector and there is very bit of reason to buy in these stocks. With the prices of properties across the country going up these stocks will see again upward movements without any speed brakers in coming months especially in October to December. Sev eral of our mutual funds hold this stock in heavy amount. Buy for a target of 450 in 4 months.
4. Bank of India [ cmp. 227 ] -- This stock has fallen around 10% in todays trading session and it had hit a high of 276 on 16th of July. With RBI hardly raising any crr or interest in coming days all banking stocks are likely to lead the rally in coming days especially the PSU banking stocks. Buy with a targer of 300 in 2 months.
5. Mphasis BFL [ cmp. 290 ] -- This is one of the most better performing IT co. in Midcap category of the market and this co. is on the acquisition by EDS which earlier came out with the buy price of 325 and there is every chances of increasing the offer price. Comopany came out with excellent set of numbers this quarter and with $ appreciating in coming days all IT stock will see the upward movements. Buy with a targert of 400 in 3 months.