Buy Punj Lloyd – Book profits at 235

Quotes with Resistance & Support

Market Information

Buy Punj Lloyd – Book profits at 235

This Short Term Call was posted on Oct 8, 2008

Buy Punj Lloyd (CALL CLOSED) at current market price of 208 as on 08-10-08. If is currently quoting at cheap valuations and is a strong company fundamentally. One can see an upside of 10-15 % in the stock at these levels.
Punj Lloyd, a globally diversified services and development specialist, has been awarded the engineering, procurement, installation, and commissioning of strategic gas transmission project worth US$ 800 million (Rs 3636 crore), from Qatar Petroleum.

The project Includes laying of 211 km of pipeline with associated stations and infrastructure.

1 year chart of Punjllyod compared with Nifty:

a. Line Chart:

Punj llyod chart

b. OHCL Chart:

Punj llyod chart

Latest news: 23, September 2008: Punj Lloyd receives project worth US$ 800 million :

The project will transport 2000 MMSCFD1 of sweet lean gas from Ras Laffan to different consumers via 36 inch diameter pipelines. Work on the project is expected to be completed in 32 months.

The company made this announcement during the trading hours today, 23 September 2008.

NOTE: Please read our Disclaimer before making any investments in the above mentioned stock(s).

Email this Post to your friends

14 Responses

{ ADD YOUR OWN }

ginu Says:
October 9th, 2008 Posted at: 9:41 am

grt calllllllllllllllllllllllll
CB Says:
October 9th, 2008 Posted at: 12:58 pm

Thanks Ginu..
chirag patel Says:
October 12th, 2008 Posted at: 5:02 pm

hi cb plz tell me you provide any paybel service? like intra day call or investment call?
CB Says:
October 12th, 2008 Posted at: 10:49 pm

Hi Chirag, I have emailed you the details..
Ranga Says:
November 12th, 2008 Posted at: 5:33 pm

Hey CB, Is this PunjLLoyd stilla good call. Can I take for short term? Waht would be the time frame expected? Please advice.
CB Says:
November 12th, 2008 Posted at: 9:58 pm

Hi Ranga, buy it on dips around 180 levels.. Once markets show recovery it could touch 230
RANGA Says:
November 17th, 2008 Posted at: 10:10 am

HELLO CB, i BOUGHT THIS STOCK ON AVG OF 190. SHALL I KEEP THIS STOCK?
CB Says:
November 17th, 2008 Posted at: 11:12 am

Hi Ranga, it could come down to 150-155 levels.. you could avg it at those levels.. Markets look weak..
RANGA Says:
November 17th, 2008 Posted at: 11:32 am

Ok, Thanks CB
ranga Says:
November 26th, 2008 Posted at: 9:53 am

Hi CB, What am I supposed to do. Can I wait on this.
CB Says:
November 26th, 2008 Posted at: 10:05 am

Hi Ranga, yes, hold it. It is a very good company.. Once markets show recovery, it will do well
ranga Says:
November 26th, 2008 Posted at: 10:51 am

thanks, shall I buy few more? and also, I have TataMotors at 141Rs. and tatasteel @161. advince on this also.
CB Says:
November 26th, 2008 Posted at: 10:56 am

Hi Ranga, dont buy punj now.. wait for some more time.. it is likely that nifty will touch 2200 in short term.. Tata steel is good. .Auto industry is seeing a slow down but it is a good stock for med/long term..
ranga Says:
November 26th, 2008 Posted at: 11:05 am

ok thanks, I will wait for it to come down.