tirthankshah_99
Sdsd Dsds
NAVBHARAT FERRO ALLOYS
Present Price - Rs.92.50 Projected price - Rs.140
This Hyderabad based company is involved into sugar, ferro alloys and power. It power expansion is complete and this will add to its topline and bottomline from FY07 onwards in a big way. It also has around 70 acres of land in Hyderabad which will fetch around Rs.400 cr plus. All its units viz. sugar, power and ferro alloys are doing well. In the adjacent weekly chart, the stock has broken out of a very bullish pattern and the 14 day RSI has already give a strong buy signal. The volume expansion that has taken place in the last three months gives a lot of strength to the breakout clearly indicating that the stock is in strong hands. Buy at current levels and at all declines for a minimum price target of Rs.140.
HINDUSTAN MOTORS
Present Price - Rs.53.20 Projected Price - Rs.75 plus
This Calcutta based C.K.Birla group company which is into a restructuring mode has been steadily moving up in the past one year. We understand that the company has huge lands whose value works out to around Rs.800-1000 cr and the company is about to receive permission to sell this land. This move will act as a major trigger for this stock which can take the company's stock price into a new orbit. A closer look at the adjacent monthly chart in which it has broken out of a bullish pattern does gives clear indications that the stock is a multibagger in the making. Stocks with a realty trigger have been the favorites of
stock market players and Hindustan Motors has the potential to give many a positive surprises to the market. It is now more of an auto component manufacturer rather than an automobile manufacturer. Long term holders will get substantially higher returns.
Present Price - Rs.92.50 Projected price - Rs.140
This Hyderabad based company is involved into sugar, ferro alloys and power. It power expansion is complete and this will add to its topline and bottomline from FY07 onwards in a big way. It also has around 70 acres of land in Hyderabad which will fetch around Rs.400 cr plus. All its units viz. sugar, power and ferro alloys are doing well. In the adjacent weekly chart, the stock has broken out of a very bullish pattern and the 14 day RSI has already give a strong buy signal. The volume expansion that has taken place in the last three months gives a lot of strength to the breakout clearly indicating that the stock is in strong hands. Buy at current levels and at all declines for a minimum price target of Rs.140.
HINDUSTAN MOTORS
Present Price - Rs.53.20 Projected Price - Rs.75 plus
This Calcutta based C.K.Birla group company which is into a restructuring mode has been steadily moving up in the past one year. We understand that the company has huge lands whose value works out to around Rs.800-1000 cr and the company is about to receive permission to sell this land. This move will act as a major trigger for this stock which can take the company's stock price into a new orbit. A closer look at the adjacent monthly chart in which it has broken out of a bullish pattern does gives clear indications that the stock is a multibagger in the making. Stocks with a realty trigger have been the favorites of
stock market players and Hindustan Motors has the potential to give many a positive surprises to the market. It is now more of an auto component manufacturer rather than an automobile manufacturer. Long term holders will get substantially higher returns.