Quotes with Resistance & Support
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Intraday calls for 15-09-09

Buy Indiabulls Securities at 53.10, target: 55.50. Stoploss: 52.20 If markets show weakness later during the day, sell: ITC 3.10 PM – BTST – BUY CANARA BANK AT 314 TARGET 324. SL 309 …

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Buy Unitech: Indiabulls Securities

Posted on: July 3rd 2009 in Brokerage Recommendations.

Indiabulls Securities Research has upgraded its rating on Unitech from hold to buy in its July 01, 2009 report. “Unitech’s stock is currently trading at a 19.8% discount to our NAV of Rs 103. We believe that the stock has a long-term upside potential, primarily due to the increas…

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Sell NALCO, target of Rs 250: Indiabulls Securities

Posted on: June 27th 2009 in Brokerage Recommendations.

Indiabulls Securities Research has maintained its sell rating on National Aluminium Company Ltd (NALCO) with a target price of Rs 250 in its June 25, 2009 research report. “Based on DCF valuation, we have arrived at a target price of Rs. 250 (assuming a 14.8% WACC and a 5% terminal…

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Buy ABB: Indiabulls Securities

Posted on: May 24th 2009 in Brokerage Recommendations.

Indiabulls Securities Research has upgraded its rating on ABB from hold to buy, in its May 21, 2009 research report. “ABB Limited (India)’s revenues declined 9.2% yoy to Rs 14.1 billion in Q1’09 on account of weak order execution. Net profit of the Company was Rs 784 million, 3…

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