Indian Stock Picks - Share Ideas , News, Fundamentals

Technical Analyst, Rajat K Bose is more positive on NTPC, Power Finance, PTC and CESC than Neyveli. He thinks that recent fall in the power sector space has fully run its course and there should be new buying interest in the sector. Regarding Relaince Petroleum Rajat Bose, thinks that if RPL sustain at 174 level the srip can go upto Rs 185 in short term.

Ashu Kakkar, technical analyst on NDTV Profit thinks that investors with 2-3 years of investment horizon should not worry much about the current fall of RPL. According to him RPL has targets of Rs 270 and above that, Rs 305. According to him the stock has supports at Rs 110 and Rs 95 and resistances at Rs 168, Rs 210 and Rs 228, he says. It is currently trading at Rs 167.70 up 4.81% on the BSE.

Stocks to watch: RPL, RNRL (CNBC-TV18, Moneycontrol.com) The markets closed in the green on the last day of the year despite some mixed cues from Asia and Europe. Sensex closed up 80.04 points or 0.40% at 20286.99, and the Nifty up 58.90 points or 0.97% at 6138.60. Technical analyst Deepak Mohoni of Trendwatchindia is positive on RPL, RNRL This is how Deepak Mohoni views stocks on board: On IFCI: IFCI has been the news driven stock and the same volatility I was talking about that a little piece of good news the market is up 13%-14%, one piece of bad news market is down 20% that day. So I would say trade it but don’t risk but the long-term trend is still up. On RPL and RNRL: Well certainly not for long-term investing but for short-term trades, whenever they start making their moves, they are fairly rewarding stocks. So one can’t really ignore them while this sort of bull market goes on. More