Sudarshan Sukhani, s2analytics.com advice traders to buy Kotak Mahindra Bank at current levels.
Sukhani told CNBC-TV18, "We are looking at something around Rs 675 for Kotak Mahindra Bank and that's a good 3-4 percent from current levels, that's the point where it should face the first resistance and it also has a pattern target there. So even at current levels somebody can venture into a buy."
Shardul Kulkarni, Angel Broking advice traders to buy Godrej Properties and Godrej Industries. He expects that both stocks should rally from current levels.
Kulkarni told CNBC-TV18, "The two stocks look quite good in real estate space. Godrej Properties as a stock looks excellent on the charts. I think that going forward you should see a move to around Rs 635 to Rs 640 in case of Godrej Properties. Right now the stock is around Rs 590 levels. I think it makes lot of sense to buy into Godrej Properties."
Shardul Kulkarni, Angel Broking advice traders to buy Axis Bank around Rs 1060- 1070.
Kulkarni told CNBC-TV18, "In the PSU segment I think that I would look at booking profits and moving out especially Bank of Baroda as well as Punjab National Bank. I think the stocks have given you a decent run up."
Emkay Global Financial Services is bullish on Aban Offshore and has recommended accumulate rating on the stock with a target of Rs 525 in its September 24, 2012 research report.
"Aban has 6 of its jack up rigs due for renewal in FY13. Aban's management remains confident of bagging contract renewals for 5 out of 6 rigs with its existing clients. And for the one rig due for renewal in Jan-13 Aban is already looking for new contract. The company also highlighted that 4 out of the 6 rigs are likely to get ~10% higher day rates. Deep Drillers 2, 4, 5 deployed in Iran (renewal in Sept-12) and Deep Driller 1 deployed in India (renewal in Dec-12) are expected to be renewed at higher contract day rates. However DD7 deployed in Mexico (renewal in Nov-12) would be deployed at current day rate while DD3 deployed in Malaysia (renewal in Oct-12) would receive lower contract day rate."
Sudarshan Sukhani of s2analytics.com is bullish on GVK Power & Infrastructure and recommends a buy rating on the stock.
Sukhani told CNBC-TV18, " Reliance Infrastructure had a rally yesterday but luckily this rally has been consistent and continuing for a lot of days. It has also come to a point where it has a strong resistance. If it crosses that resistance somewhere around Rs 550, it is good for more. So, traders need to see strength in it, if there is continuing strength I expect the rally is going to sustain."
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