Thursday, January 26, 2012


These stocks are recommended for one month period until Feb expiry
ESCORTS (85)=One can enter Escorts Ltd at Rs.85 as there will be some upward movement in stock price as budget is nearing.Also Escorts Ltd, a maker of critical railway components, said it has inked a licencing and technology pact with a US-based firm 'Honeywell' for technical assistance on railway brake systems.The company has entered into an exclusive licence and technology assistance agreement with Honeywell, a US-based firm, for receiving technology on friction materials for railway application, Escorts said in a statement.

FCH (132)=Private sector NBFC, Future Capital Holdings on Wednesday reported net profit of Rs 28.91 crore in the third quarter of current financial year on the back of higher net interest income and rise in fee income.Net profit of the company stood at Rs 10 crore in the same period last year

RELIANCE(790)=Reliance is planning to buy back shares worth Rs.10440 upto 870.So this is a big positive for co and RIL is sitting with a huge surplus cash which can be used for other takeovers also

PANTALOON(175)=Recommending buying Pantaloon for this week also as of much anticipation seen in budget regarding fdi in retail sector

CAREER POINT(270)=One can enter this education stock as I expect some movement due to favourable market condition and pre budget rally

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