Sunday, October 2, 2011

STOCKS FOR THE WEEK

Hello followers,here i am giving u 5 stocks which have potential upside from current levels may be because of any positive news or technical reason.
1)EVERONN=UAE based varkey group have given an open offer for 12% stakes in everonn education at RS.528 per share.So i recommend to buy everonn at 365 levels.

2)ARSS INFRA=The stock hit a 52 week low of 277 and 52 week high of 1330.Now this infrastructure stock is bottomed out so i recommend buy on the stock at 330 level

3)TVS motors=The monthly sales for tvs motors seems to be robust.Monthly sales of TVS Motor Company crossed the milestone figure of two lakh units with total sales touching 219,369 units in September 2011 compared to 188,005 units in the corresponding month of the previous year, a growth of 17%.The company's cumulative sales for the period April to September 2011 grew by 15% with sales of 1,140,359 units against 988,794 units recorded in the previous comparable period.

4)RELCAPITAL=Relcapital got rbi nod for stake sale to japan based nippon.Moreover the agm held last week indicats there will be a QIP and bonus issue.SO buy relcapital at 315 rate

5)ENIL=Indias largest FM station operator ENIL is a value buy at this rate.Buy stock at 260 rate for this week