- IFCI looks a safe and attractive at Rs.65 levels for short term and trading perspective.
- Godrej Industries after having corrected may soon travel northwards to cross Rs.320 levels. Share is a good bet at Rs.272 levels.
- Alok Textiles is recommended a good buy at Rs.73 levels as share may soon cross Rs.80 levels in February F&O series.
- Reliance Power is likely to move in a range of Rs.415 to Rs.430 per share. Share may not be able to cross Rs.450, as huge selling would come beyond Rs.450. Bonus personal by the company is viewed by the market as a damage control exercise, by its unprecedented move to issue to non-promoters only.
- Tourism Finace is advised as a value buy at Rs.33 as share price can cross Rs.50 level in the next 4 - 6 months.
- Investors holding Alps Industries are advised to remain invested with 6 - 9 months view as share has potential to rise to Rs.75 levels.
Source: sptulsian.com