Forthcoming election results can impact slightly on effective companies.
Corporate financial results and be cautious lot of negative news items on pending.
Spectrum scam goes to serious, Avoid 3G spectrum scam related shares and telecom stocks.
Petrol and Diesel price hike after post poll results, can rise oil stocks and focus now on futures.
BSE Sensex / SP NSE Nifty technical
CNX Nifty technical level is 5,500 to 6,000 points. BSE Sensex technical level is 18,000 to 20,000 for May 2011. If indices break these levels, be cautious.
Performance of recommendations
60 to 70 percent of recommended stocks shows best performance. Our aim is improve the accuracy of stock tips.
Short term recommendations
Jubilant Foodworks: It is India's largest and fastest growing food service company. Now food industry is one of the favourite sector to invest in India.
Stock quoting now at Rs 793. Catch when opening bell at current level with stop loss of Rs 770. Immediate target price is Rs 850 and above, Don't miss it.
Why Buy: In last trading session share price suddenly jumped and closed with strong buying interest. Technically bullish today also, can jump in open trade.
SKS Microfinance: SKS Microfinance is one of the largest and fastest growing Microfinance institution in India.
Stock quoting now at Rs 270. Buy if any further fall with stop loss of Rs 200. Immediate target price is Rs 350 to 370.
Why Buy: Companies earning and promoter group in stable position. Stock price fall due to woes of new reforms in micro-finance platform. Anyway new reforms can't destroy a well established company.
Medium term recommendation
Allied Digital Services: Allied Digital Services is a global managed IT solutions provider that helps to optimize and transform to end users.
Invest in this counter, buy small quantity from Rs 55 to Rs 60 level with stop loss of Rs 50. Price target is Rs 100 and above.
Reason to invest: See the price history fall from above Rs 200 to Rs 60 level. Well established company can release better results in future and stock price will also recover.
Stocks to watch
Paramount Print, Kwality Dairy, Piramal Healthcare, Eicher Motors, Nitin Fire, Amrutanjan, Bharat rasayan, Sumeet Industries, Coal India, Hindustan Unilever, Bata India, Hindustan petroleum, and Genesys International Corporation.
Why waste your hard cash to paid service? No analyst can provide 100% accurate service. Did you know ? Average successful rate of stock market tips is 60% to 70%. If any analyst / expert / share-broker / adviser / tips provider says above 75% accuracy stock tips with guarantee, Don't believe it. Start own research and analysis.
Write your comments, suggestions and if any... at Readers Page.
Updated on: 10-May-2011, 8.45 AM.
If you like something here, request to be a regular reader.