Bonus Issues, Stock Splits, Rights Issues, IPO Updates: Technical Analysis – MTNL |
Posted: 28 Sep 2010 06:43 PM PDT The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL MTNL: The stock has been hovering around Rs 65 in the last couple of months. It now finds an immediate support at Rs 61 and resistance at Rs 68. However, as long as it stays above Rs 54, the medium-term outlook would remains positive for the stock. [...] Read More... |
Buy Recommendation – Tata Motors DVR Posted: 28 Sep 2010 05:08 AM PDT The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL Investors with a medium-term perspective can buy the Tata Motors DVR (Differential Voting Rights) stock. At the current market price of Rs 752 (Tata Motors – Rs 1070), these shares trade at a very reasonable PE of 8 times (Tata Motors – 11.5 times) the company’s estimated [...] Read More... |
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