Friday, August 17, 2012

Multibagger Tips - Best Stocks To buy in August 2012

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STOCK MARKET UPDATES :- 

1. Currency :- The euro gained versus the dollar, above 1.23 as Chancellor Angela Merkel reiterated her support for the ECB's plans to fight the Euro zone crisis.

2. US Data : On Friday, consensus estimates indicate that consumer sentiment may remain flat at 72. 

NIFTY OUTLOOK 17 AUG :
Today, Nifty needs to trade above 5369 for sentiments to be positive. Support for Nifty is seen at 5348-5335 and resistance at 5382-5403

BEST STOCK MARKET RECOMMENDATIONS FOR AUGUST 2012

1. TTK Prestige :- Buy with a target of Rs 4100. Stock has outperformed Sensex by 16% in last 3 months post and UBS believes the risk reward is not favourable currently.

2. Opto Circuit :- Buy with a tgt of rs 200. Experts believe that the company is taking steps to improve its earnings quality, which could help it to get a better credit rating and address long-standing investor demand for stronger cash flow.

3. Reliance Infra :- Buy with a target of Rs 1045. The quality of earnings was an issue with treasury income compensating for 8% fall in PBT. It feels execution at Reliance Power and group concerns, may limit the upside over near-term.

BEST SHORT TERM STOCK CALLS

1. BUY CESC Ltd. Short Term Target 330 Stop Loss 302. 
2. BUY Larsen & Toubro Ltd. Short Term Target 1,491 Stop Loss 1,460 
3. SELL YES Bank Ltd. Short Term Target 350 Stop Loss 365

Get Long Term Stock Tips, Intraday Calls On Mobile CLICK HERE

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