Indian Stock Picks - Share Ideas , News, Fundamentals

The Hindu Busienss Line Power Grid Corp (Rs 108.40): Buy We recommend a buy in Power Grid Corporation of India from a short-term perspective. It is evident from the charts of the company that the stock has been on an intermediate-term downtrend from its 52-week high of Rs 167 marked on November 19, ... More

The Hindu Business Line Alstom Projects India (Rs 739.45): Buy We recommend a buy in Alstom Projects India from a short-term perspective. From the charts, we see that the stock met with a key resistance level at around Rs 1,085 in early January and began to decline. The stock’s downtrend continued up ... More

The Hindu Business Line Pfizer (Rs 632.90): Buy We recommend a buy in Pfizer from a short-term perspective. From the chart, we see that it had been on a medium-term downtrend from December 2007 high of Rs 850 to mid-February low of Rs 587. However, the stock’s medium-term downtrend got ... More The Economic Times Stocks to pick: SBI, Infosys Technologies, Crompton Greaves, GLaxosmithkline State Bank of India Research: HSBC Rating: Underweight CMP: Rs 2,115 Infosys Technologies Research: Indiabulls Financials Rating: Buy CMP: Rs 1,580 Crompton Greaves Research: JM Financials Rating: Buy CMP: Rs 298 GLaxosmithkline Pharma Research: Motilal Oswal Rating: Buy CMP: Rs 953

The Hindu Business Line ABG Shipyard (Rs 756.45): Buy We recommend a buy in ABG Shipyard from a short-term perspective. From the charts of ABG Shipyard, we see that the stock had formed a double top pattern spanning almost two months between November 2007 and January 2008 with baseline at Rs 870. On ... More

The Hindu Busines Line ACC (Rs 789.45): Buy We recommend a buy in ACC from a short-term perspective. It is clearly evident from the charts of ACC that the stock has been on a downtrend from its life-high of Rs 1,315 touched in mid October 2007. The stock found support at the key long-term ... More The Economic Times Gitanjali Gems CMP: Rs 303.50 Target Price: Rs 547 Research Morgan Stanley Unitech CMP: Rs 397.25 Target Price: Rs 454 Reseach Citigroup Seamec CMP: Rs 168 Target Price: Rs 240 Research Emkay Shares and Stockbrokers Firstsource sol CMP: Rs 50.30 Target Price: Rs 80 Research Merrill Lynch Dishman Pharma CMP: Rs 275 Target Price: Rs 419 Research -Enam Securities

The Hindu Business Line Nicholas Piramal (Rs 329.80): Buy We recommend a buy in Nicholas Piramal India from a short-term perspective. From the charts of Nicholas Piramal India we note that it has been on a healthy uptrend, making higher peaks and higher troughs from its June 2006 low of Rs 150. However, ... More

The Hindu Business Line Thermax (Rs 639): Buy We recommend a buy in Thermax from a short-term perspective. It is clearly evident from the charts of Thermax that the stock has been enjoying a bull run from its July 2006 low of Rs 206. However, after touching life high of Rs 968 in November ... More

The Hindu Business Line Emkay Share & Stock (Rs 227.25): Sell We recommend a sell in Emkay Share & Stock Brokers from a short-term perspective. From the charts of Emkay Share & Stock Brokers, we see that the stock was on an uptrend from its March 2007 low of Rs 52 to its life high of Rs 400 (touched ... More

The Hindu Business Line Everest Kanto Cylinder (320.35): Buy We recommend a buy in Everest Kanto Cylinder from a short-term perspective. It is evident for the charts of Everest Kanto Cylinder that it has been on steady and gradual long-term uptrend since July 2005 low of Rs 54. Recently, the stock resumed ... More

The Hindu Busienss Line Action Construction (Rs 448.70): Buy We recommend a buy in Action Construction Equipment from a short-term perspective. From the charts of the stock it is clearly visible that it has been on a steady long-term uptrend since it March 2007 low of Rs 162. However, after marking an ... More

The Hindu Business Line Omaxe (Rs 311.75): Buy We recommend a buy in Omaxe from a short-term perspective. From the charts of Omaxe, it is visible that after forming a double-bottom pattern spanning almost four months, the stock broke out of this pattern in late November 2007. Subsequently, ... More

The Hindu Business Line ABB (Rs 1,214.55): Buy We recommend a buy in ABB from a short-term perspective. It is evident in the charts of ABB that the stock has been on a long-term uptrend from March 2007 low of Rs 638. However, after marking an all-time high of Rs 1,670 in November 2007, the ... More

The Hindu Business Line Container Corporation (Rs 1,795.6): Buy We recommend a buy in Container Corporation of India from a short-term perspective. It is evident in the charts that the stock has been on a long-term uptrend since 2003. However, the stock has been on a intermediate term downtrend for almost ... More

The Hindu Business Line Canara Bank (Rs 289.45): Buy We recommend buy in Canara Bank from a medium-term perspective. From the charts of the Canara Bank, we note that the stock has been on a stable up-trend since its listing in 2002. However, after recording an all-time high of Rs 421 in early ... More

The Hindu Busienss Line Today's Pick: Cummins India (Rs 332.65) We recommend a buy in Cummins India at current market price from a medium-term perspective. As is evident from the charts of Cummins India, the stock formed a sloping head and shoulders price pattern spanning almost seven months between mid June ... More

The Hindu Business Line Zee News (Rs 67.45): Buy We recommend a buy in Zee News at current market price from a short-term perspective. From the charts of the Zee News, we see that the stock has been on a steady long-term uptrend from January 2007 low of Rs 30. However, after marking an ... More

The Hindu Business Line Arvind Mills (Rs 51.05): Buy We recommend a buy in Arvind Mills at current market price for a medium-term perspective. Arvind Mills has completely retraced its prior up move from a low of Rs 41 to a high of Rs 93 recorded between August and December 2007 in a short time period of three weeks. More

The Hindu Business Line GMR Infrastructure (Rs 194.40): Buy We recommend a buy in GMR Infrastructure at current market price from a medium term perspective. From the charts of GMR Infrastructure we note that it has been on medium-term downtrend from its all time high of Rs 268 marked on December 6, 2007. ... More

The Hindu Business Line Axis Bank (Rs 1,005.75): Sell We recommend a sell in Axis Bank at current market price. From the weekly chart of Axis Bank we note that it had been on a long-term uptrend from its August 2007 low of Rs 534 till its lifetime-high of Rs 1,291 touched in mid-January. However, ... More

The Hindu Business Line Petronet LNG (Rs 73.90): Buy We recommend a buy in Petronet LNG at current market price for a medium-term prospective. From the charts of Petronet LNG, we note that the stock had steep decline in a short span of less than two weeks from its all-time high of Rs 121 (recorded ... More