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Stock tips for December 13, 2012


Stock tips for December 13, 2012
Here are a few stock ideas from leading brokerage houses in the country.


Sudarshan Sukhani of advises position traders to buy HUL on dips.


Sukhani told CNBC-TV18, " HUL is a buy on dip. For position traders the current scenario is an ideal opportunity to enter the stock. For short-term traders, for a couple of days, the Nifty itself need to give direction. That direction is not coming so it is wise not to trade anything."

Exide Industries:

Sudarshan Sukhani, feels that Jet Airways can see good upmove. "Any correction in Exide Industries is a buying opportunity," he adds.

Sukhani told CNBC-TV18, "At this point Jet Airways is giving signs of another upmove, so we can as well consider going long in it with tight stop losses. If it does not work out we will lose a small amount of money, but Jet is giving the impression that it is willing for another big thrust on the upside."

Tata Coffee:

Firstcall Research is bullish on Tata Coffee and has recommended buy rating on the stock with a target price of Rs 1620 in its December 10, 2012 research report.

"Tata Coffee ltd, main object is Cultivation of coffee, pepper, oranges, paddy, cardamom & other plantation and agricultural products. The estates of the company are situated in coorg. The Company has started using Wind power in the manufacture of Freeze dried coffee. Tata Coffee Ltd has demonstrated the results during the quarter; its boisterous growth of Net Profit is steers by 109.44% to Rs. 368.49 million.

Indiabulls Real Estate:

Sudarshan Sukhani, is of the view that Tech Mahindra is not a buy at current level but one can buy Indiabulls Real Estate.

Sukhani told CNBC-TV18, " Tech Mahindra is not one of the bullish stocks in my list. While it has been doing the right things on the charts my sense is that it will face very heavy resistance at current levels, something between around Rs 925-950. So at this point it is not a buying opportunity."

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.

Read more about: stock picks
Story first published: Thursday, December 13, 2012, 9:10 [IST]
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