Thursday, December 13, 2007

Short-Med Term Delivery Pick: Ritesh Properties and Industries

Ritesh Properties and Industries (BSE: 526407)
CMP : Rs. 72.95/-
52 Week High : Rs. 119.30/-
52 Week Low : Rs. 29.00/-
Face Value : Rs. 10/-
EPS : Rs. 17.29/-
P.E.: 4.22
200 Days Simpal Moving Average : Rs. 51.95/-
Sept. Quarter Profit (Sep 07): Rs. 34.37 Million (Profit rises 776 % QOQ)
Year Profit (March 07): Rs. 71.82 Million (Profit rises 1671% YOY)
Company Continuesly doing well and great future ahead.
Recommandation: Accumulate (Buy at current Level and at every fall) Target : Rs. 110/- (Short - Med term) Rs. 150/- (Long Term)
(Before investing do your own research)

Intraday Calls for 13th December

Market may remain volatile and rangebound. Midcaps & Small Caps can do well.

Buy for Intraday:

New Listing Kolte Patil (145) may list around 220-230 and can go upto 250.
Zicom Electronics (197)
Nicholas Piramal (348)
Porrits & Spensors (268)
Renaissance Jewellery (165)
Rajesh Exports (963)
Lok Housing (351)
Atlanta Ltd. (314)
Pennar Industries (29)
Pondy Oxides (30.65)

Short - Med Term Delivery Call: Buy Ritesh Properties & Industries Ltd. (526407) @ Rs. 71/- for Target Rs. 100+ in Short Term and 125+ Med Term.

***** Maximaa Systems, Sumeet Industries, Precision Cont., Pondy Oxides all doing very well. Enjoy. Keep Adding KPIT Cummins.

Good Luck

Disclaimer

The information in this publication is provided by http://www.moneybazzar.blogspot.com/ is intended for use for Readers & Traders . Every effort is made to provide accurate information, but http://www.moneybazzar.blogspot.com/ cannot guarantee the accuracy of the information or of the market analysis. This is a newsletter and is for informational purposes only. It is not a solicitation or offer to buy or sell futures. There is a high risk of loss in trading futures. You should not trade with money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this newsletter. The past performance of any trading system or methodology is not necessarily indicative of future results.



free counter