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Stock ideas for April 1, 2013

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

Hindalco Industries:

VK Sharma, HDFC Securities suggest to buy Hindalco Industries 95 Call.

Sharma told CNBC-TV18, "Hindalco Industries closed at almost Rs 91.5. I am suggesting buying the 95 Call here at around Rs 2.5, keep a stop loss at Rs 1.5 and hope to sell this Call in the current settlement at around Rs 5."

Tata Global Beverage:

VK Sharma, HDFC Securities suggest to buy Tata Global Beverage 130 Call.

Sharma told CNBC-TV18, "Tata Global Beverage has seen an open interest (OI) built up all over for almost 18 percent. The price also went up by 3.5 percent. I am suggesting buying 130 Call at around Rs 4. Put a stop loss at Rs 2 and hope to sell this in the current April settlement at around Rs 9."

Pantaloon Retail:

SP Tulsian, sptulsian.com advises short-term investor or a positional trader to buy Pantaloon Retail around Rs 150.

Tulsian told CNBC-TV18, "March series indicated that Pantaloon Retail is into the bear grip and probably that was the reason sometimes maybe the informed circle or maybe these kind of holding the stocks either on the positive side or on the negative side inspite of the contrary news coming in the stock does not move up."

Aurobindo Pharma:

According to Parag Doctor, Head - Trading Strategies at Keynote Capital, investor can holdAurobindo Pharma with a target price of Rs 180-200 over the next one year.

Doctor told CNBC-TV18, "The rally which has started today it is more of a short-term pullback rally in Aurobindo Pharma. The 200-day average is around the Rs 150-160 kind of levels, where we expect the immediate upside. Further base building is likely in the stock between Rs 130 and Rs 150 and once that process is done then we expect higher levels between Rs 180 and Rs 200 over the next year or so. So, the investor can hold on with those targets in mind."

GoodReturns.in

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.

Story first published: Monday, April 1, 2013, 9:23 [IST]
Read more about: stock picks

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