Stocks to buy in this correction

Quotes with Resistance & Support

Market Information

Stocks to buy in this correction

This article was posted on Jan 22, 2008

Punj lloyd
Amar Remedies
Kamdhenu Ispat
GMR Infrastructure
Reliance Petroleum
ABB
ITC
Country Club (India) Ltd

Buy these stocks on dips.

Posted on 22-01-08

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103 Responses

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Cb Says:
January 26th, 2008
Posted at: 1:04 pm
Hi Manisha, Tech Mahindra being an IT stock is a slow mover.. Hold it for long term.. Jindal Steel & Power is a good stock buy it on dips.. If you are a medium/long term investor i would advice you to go with Punj Lloyd and Hindustan Dorr-Oliver.. Punj lloyd has a target of 800+ and Hindustan Dorr-Oliver 240+
Cb Says:
January 26th, 2008
Posted at: 1:07 pm
Hi zamie, in the recent fall these stocks did not correct much and were hitting lower circuits of 5%.. Thats is one reason why they are still correcting.. It might take a long time for these stocks to reach their 52wk highs again, maybe 5-6 months..
Cb Says:
January 27th, 2008
Posted at: 2:34 pm
Hi GG, Yes, ur right... It is an undervaluded stock @cmp... Its a buy on dips.. In the short term it has a target of 255-260
chirag dakwala Says:
January 26th, 2008
Posted at: 9:29 pm
can u tell me about my stocks nirav commercial @ [email protected]..... whats future of this stock
Cb Says:
January 26th, 2008
Posted at: 10:12 pm
Hi chirag, IKF tech may hit another couple of Lower circuits.. It has a medium term target of 15.. Nirav commercial has a target of 2200.. It is a very low volume stock.. It might take some time to touch 2000-2200
GG Says:
January 27th, 2008
Posted at: 1:16 pm
NTPC is a market leader in power segment currently. But it is deeply undervalued at current price if we compare it with its peers. For me a buy call for it. Any suggestions.....................
ronak Says:
February 4th, 2008
Posted at: 2:46 pm
i had taken telidata informaitic in the month on september and noe it has merged with some other company so now i wanted to know abt this company...
Cb Says:
February 4th, 2008
Posted at: 3:53 pm
Hi ronak, I am not sure of Teledata.. Since markets are expected to be posiitve for some more time.. Its worth holding it..
ronak Says:
February 4th, 2008
Posted at: 5:56 pm
can u tell me 2 or 3 good stocks to buy in a bulk for medium term....
Cb Says:
February 5th, 2008
Posted at: 2:02 am
Hi ronak, Gujarat Alkalies, Electrotherm (India) and Reliance Industries are one of the safest stocks to enter.. Wait for a dip and then buy it..
Cb Says:
February 9th, 2008
Posted at: 10:38 pm
Hi Rama, yes UTV is a buy for long term at current levels.. It will be launching 3 new channels in quarter 4.. They are also finding an audience for Bosnian, Japanese and Argentinean movies amongst others to be telecast on its new World Movie channel, and is betting on winning over at least 30 per cent of the audiences of English movie channels in a year’s time.
Rama Says:
February 9th, 2008
Posted at: 5:25 pm
Hi Cb, What is your view on UTV for long term?? is it a buy at cmp??
ronak Says:
February 6th, 2008
Posted at: 3:22 pm
hey tell me some small cap stocks to buy in bulk for meditu term
Cb Says:
February 6th, 2008
Posted at: 3:58 pm
Hi ronak, Abhishesk inds and Hindustan Organic Chemicals Ltd can be bought for short term..
Cb Says:
February 9th, 2008
Posted at: 1:27 pm
Hi ajaz, you are most welcome.. Hi Abhinav, In such markets, Intraday is very tough.. Changes of being in profit is very low. Best option is to go long.. Keep a 2-3 month horizon and any stock with good fundamentals will give good returns.. Idea and RNRL can give 20% returns in 1-2 months..
ronak Says:
February 7th, 2008
Posted at: 2:21 am
how are this stocks IFCI,HINDUSTAN MOTORS,NAGARJUN FERTILISER,GTL INFRA,RIC AUT, RCF, GSPL.... cann i buy this stocks for medium term and how return this stocks will give me for short to medium term????? and thanks for telling....