Tuesday, February 15, 2011

Bonus Issues, Stock Splits, Rights Issues, IPO Updates: Buy Recommendation – Gujarat Ind Power Co

Bonus Issues, Stock Splits, Rights Issues, IPO Updates: Buy Recommendation – Gujarat Ind Power Co


Buy Recommendation – Gujarat Ind Power Co

Posted: 15 Feb 2011 10:40 AM PST

The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL We recommend a buy in the stock of Gujarat Industries Power Company. It is apparent from the charts of the stock that after consistently testing key resistance at Rs 120, the stock reversed downwards in November 2010. Since then, it has been on a medium-term downtrend. The [...]

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Buy Recommendation – Elecon Engineering Company

Posted: 15 Feb 2011 10:39 AM PST

The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL Investors with a short-term trading perspective can buy the stock of Elecon Engineering Company. It is apparent from the charts of the stock that after encountering key long-term resistance at Rs 104 in October 2010, the stock changed direction and started to decline. It was on a [...]

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Buy Recommendation – Bhushan Steel

Posted: 14 Feb 2011 08:30 PM PST

The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL Expertise in producing cold-rolled steel and improving margins as a result of higher capacities and vertical integration make the stock attractive. Rising raw material costs and a challenging market to pass on those hikes have made for a trying environment for steel producers over the last two [...]

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