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Stock picks for August 2, 2012
Coal India: Rajesh Agarwal of Eastern Financiers is bullish on Coal India and recommends buy rating for long term.
Agarwal told CNBC-Awaaz, "Investors should buy Coal India with a long term view. The stock is looking good with low valuation. We can see some pressure in short term, but it can give attractive return in long term."
Kulkarni told CNBC-TV18, "PFC has already given a breakout in today's trading session. The breakout levels was actually Rs 177 and beyond that the break-out has already taken place. The stock is already at Rs 181 so any declines towards Rs 177, one can go long with a stop loss at Rs 172."
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