News: Nortel Files Bankruptcy
Suggestion: Try to avoid long term positions for next 10-15 days. For these days market will remain highly volatile and probably will be going down.
Tips:
Buy Punj LLoyd: Tgt: 115
Stpls: 106
Buy HDIL: Tgt: 125
Stpls: 98
Buy Cairn India: Tgt: 155
Stpls: 140
Buy Reliance Capital: Tgt: 430
Stpl: 385
Buy JP Associates at Around 65 for target: 75
Buy Suzlon at around 45 for Target: 59
MFs to Buy:
Diversified: 1) IDFC Imperial Equity (G), 2) Birla SL Dividend Yield (G)
ELSS: 1) Sundaram Tax Saver (G), 2) Reliance Tax Saver (G)
Balanced: 1) UTI Childrens Career Balanced (G)
Debt: 1) HDFC Floating Rate Inc- LTP (G)
New Fund Offers: 1) Bharti Axa Tax Advtg- RP (G)
Upcoming IPO’s:
Nil
Remarks: My best wishes are with all the traders and hope you would like them. For any queries contact me personally on +91-9873233952
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