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Stock tips for March 13, 2013
Bajaj Auto:
Sudarshan Sukhani, s2analytics.com advises traders to buy Bajaj Auto on dips.
Sukhani told CNBC-TV18, " Hero MotoCorp has disappointed. It has broken support levels, we don't buy it. We don't actually go short in it because the stock is still trading at levels where short selling is risky but Bajaj Auto after the decline is a buy. It is a buy on dips."
Reliance Power:
Sudarshan Sukhani, s2analytics.com advises traders to short Reliance Power .
Sukhani told CNBC-TV18, "The ADAG pack is again weakening. Reliance Power is a short sell,Reliance Communication and Reliance Infra . The entire group seems to be getting better and is breaking towards new lows."
Ambuja Cements:
According to Sanjeev Agarwal, CEO of Dynamix Research & Capital Management, any pullback towards Rs 195-200 should be used to exit Ambuja Cements .
Agarwal told CNBC-TV18, "Ambuja Cement had given a sell signal much earlier around Rs 200. So any pullback towards Rs 195-200 should be used to exit. I do not think much upside in this stock is left."
DLF:
Sudarshan Sukhani, s2analytics.com is of the view that one can buy DLF.
Sukhani told CNBC-TV18, " DLF is on my buy list and I would be a buyer in DLF. If the Nifty stops its falls then DLF is a perfect opportunity to go long into."
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DISCLAIMER: GoodReturns provides you with information covering shares, futures and options based on broker's reports as stated on various media. Investors are, however, warned that they should NOT take any buy or sell decision based on these views expressed in the article. Investors should consult their own financial and share advisors before taking purchase or sale decisions. GoodReturns does not take any responsibility for any losses incurred by investors who take their cues from the above article.
