Stock Tips for July 6, 2011: Buy A2ZMES
(Check out the views on market and stock suggestion on Traders Corner)
Stock tips recommends A2Z Maintenance & Engineering Services, buy above Rs 263 with a target price of Rs 280-283 and a stoploss at Rs 259.
The website, Technicalanalysisofstocks recommends MOIL with a target price of Rs 370 and a stop loss at Rs 338. The stock technical charts show a bullish break-out with very heavy volume.
Rajesh Jain, EVP & Head - Retail Research, Religare Securities, suggested the following stocks in Economics times.
Chambal Fertilisers & Chemicals
GIC Housing Finance: Jain has recommended a buy with a target price of Rs 124 and stop loss at Rs 108. The stock has given a fresh breakout on daily charts backed by heavy volumes. Both the factors indicate that momentum buying can be seen and it may witness a run-up towards Rs 124. One may buy at around Rs 110-111.
KPIT Cummins: Here also Jain has recommended a buy with a target price of Rs 192 and stop loss at Rs 169. His argument stands as 'After making an all-time high of Rs 192.8, the stock went into consolidation. Once the stock moves above Rs 181, it can show good momentum and can touch a higher level. One can buy the stock in the anticipation of a breakout.'
FirstPost have suggested the following stocks to track for the day: Tata Communications, Yes Bank, Mangalore Refinery And Petrochemicals, Reliance Communications, Shriram Transport Finance Company, United Phosphorus, Century Textile & Industries, Pantaloon Retail and Orchid Chemicals.
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