Filled gaps can be used as crucial support and resistance levels.Markets are a function of human emotions. Any significant news that relates to the sector , index or an individual stock can result in temporary mismatch in demand and supply. Such extreme events results in price gaps. Price…

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Kamlesh Kotak, Vice President Research, Asian Markets Securities said, BGR Energy was doing phenomenally well because of that captive equipments manufacturing, 50% of the products were manufactured in house. He said, BGR Energy was enjoying around 6% of PAT margins. “We have a target of…

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MUMBAI: Looking for investment cues from Dalal Street? Well, that is the last place you should be looking to for long-term directions, say investment experts. Consider this: Until a few weeks ago, everyone was waiting for the first quarter results of companies. Then suddenly the news of …

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Technical Analyst, Ashwani Gujral is of the view that Prism Cement can touch Rs 79. Gujral told CNBC-TV18, “Prism Cement again had one day worth of break and if overall cement sector has kind of bottomed out, then this stock would outperform. You have support here at Rs 48 and it c…

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Mehraboon Irani, Senior VP-Equity, Centrum Broking is of the view that Rajshree Sugars at valuations looks attractive for a good short-term bet. Irani told CNBC-TV18, “After staying with Dhampur Sugar I have moved on to another sugar stock and all sugar stocks are going up. I have …

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Technical Analyst, Ashwani Gujral is of the view that above Rs 205, Bajaj Hindusthan can go upto Rs 225. Gujral told CNBC-TV18, “Sugar has been holding up. Shree Renuka is probably not the strongest sugar stock. Bajaj Hindustan looks better to me, I think that has support around Rs…

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Technical Analyst, Ashwani Gujral is of the view that above Rs 105, Praj Industries can head upto Rs 123-125. Gujral told CNBC-TV18, “Praj Industries has support around Rs 79. It is not outperforming but if it can take Rs 105 out, you could head towards Rs 123 to Rs 125.” so…

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Amit Dalal of Amit Nalin Securities is of the view that one can expect 20-30% appreciation in Balrampur Chini. Dalal told CNBC-TV18, “The real story in sugar delta is behind us, you will hereon have a normalized profit growth and definitely the fact that of shortage of sugar will h…

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ET: The much-awaited big-ticket IPO from the Adani group opened on Tuesday amid high expectations from the group that saw its earlier offering, the Mundra Port & SEZ (MPSEZ) issue, being oversubscribed a record 116 times in November 2007. Adani Power has completed allocation of shar…

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Technical Analyst, Rajat K Bose is of the view that Welspun Gujarat and Jindal Saw are looking pretty good. Bose told CNBC-TV18, “If you have a medium term perspective midcap stocks like Welspun and Jindal Saw both are looking pretty good. Pritish Nandy Communications is getting re…

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