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Stock tips for Jan 1, 2013


Stock tips for Jan 1, 2013
Here are a few stock ideas from leading brokerage houses in the country.

SKS Microfinance:

Sudarshan Sukhani, advises traders to buy SKS Microfinance at current levels.


Sukhani told CNBC-TV18, "I would buy into SKS Microfinance. We started tracking it when it crossed Rs 90, which means we gave up first 30 points of rallies. Then only it was convincing that SKS is now beginning a new upmove. That upmove has taken it significantly higher."

Tata Motors:

Sudarshan Sukhani, is of the view that one can buy Tata Motors on dip.

Sukhani told CNBC-TV18, "I am taking the view of the next 6-8 months. In that view private sector bank don't figure at all. They are likely to underperform. If the Nifty goes up they will underperform and if the Nifty comes down they will be the leaders of that decline."

Shoppers Stop:

AnandRathi is bullish on Shoppers Stop and has recommended buy rating on the stock with a target of Rs 570 in its December 29, 2012 research report.

"SHOPPERSTOP is steadily moving up within a rising channel on weekly charts where good support exists around Rs.420-Rs.425 and now looks very good to cross Rs.504.85 which is all time high for the stock, Crossing which target of Rs.570 is possible for the stock. the stock is trading above all major averages with the 200DMA at Rs.371, 100DMA at Rs.395 and 50DMA at Rs.422 while 200 Week M.A is pegged at Rs.283 .


SP Tulsian, advises traders to hold Wockhardt and United Spirits in their portfolio.

Tulsian told CNBC-TV18, "I identified two stocks Wockhardt and United Spirits and both have given a return of 400 percent plus and close to about 300 percent and still I am maintaining my positive view. If you need to take a one year view because going by the Wockhardt's performance they should be able to post an Earnings Per Share (EPS) of maybe Rs 160-170 for FY14."

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: Tuesday, January 1, 2013, 9:18 [IST]
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