Health Sector is one sector which rarely see any big falls during recessions because it is impossible to avoid health emergencies; therefore, numbers of health sector companies included BIocon showed good results during lean months. Biocon stock has given 2.5 times returns to people in just six months; however, performances of stock are not best as compared to numbers of other sector stocks. Biocon stock has seen lowest of Rs 100 and maximum of Rs 250 in last six month. Rs 260 is upper resistance level for this stock and it is very important for Biocon stock to break this level before giving any big return. Biocon is one of the safest stock but options of results are also low in this stock as compared to other stocks. Biocon Stock is likely to reach Rs 330 level in 1 to 1.5 yr time; however, it is better to buy this stock if it breaks its upper resistance of Rs 260.
Present Price- 257
Action- wait for breaking upper resistance level
Future Potential- 30% increase after crossing upper resistance
Risk Level- Low
Future potential – 300- 350 (1 to 1.5 yr time frame)
Stop Loss – 220
Monday, September 28, 2009
Stock Analysis and Predictions: Tata Steel Ltd
World steel market was hit hard by recession; therefore, we also saw great devaluation in various steel company stocks. Tata Steel stock was also one of these steel stocks which saw tough weather. Six months back Tata steel stock was at Rs 150 in the month of March and in few days it has touched Rs 528 level. Therefore, we can saw that Tata steel has offered good profits to investors up to 3.5 times. After taking over Corus, Tata steel’s main performance depends on international market. Presently, Tata Steel is facing some heat from various trade unions of Corus which are demanding for Bonus as given to Indian workers of Tata Steel. This news has caused some panic selling in this stock. Overall rating for this stock is good but we can see more correction in this stock soon. This stock is good buy below 450 levels and people can expect 25-40% returns from this stock in one year time.
Present Price- 498
Action- Wait
Future Potential- 25-40% increase after some correction
Risk Level- Medium
Future potential – 600 – 750 (one year time frame)
Stop Loss – 430
Present Price- 498
Action- Wait
Future Potential- 25-40% increase after some correction
Risk Level- Medium
Future potential – 600 – 750 (one year time frame)
Stop Loss – 430
Thursday, September 17, 2009
Stock Analysis and Predictions: Educomp
Educomp is one big and giant stock of India stock market and it is very difficult to find this stock stable. Mostly, Educomp stock face constant ups and down in market. From last three months, this stock is moving around 4200 level and it looks that stock is facing steep resistance at this level. There are numbers of good news for Educomp from various business sectors where it deal but all these good results are not turning in to stock price increase. At present level it looks better to make profit booking in this stock and look for another dip in this stock (around 3500-3600). People who want to hold Educomp should place stock loss of 4000. Educomp will become good option again if it breaks 4500 level and stays above it.
Present Price- 4122
Action- Profit Booking
Future Potential- Not much potential for next two months
Risk Level- Medium
Present Price- 4122
Action- Profit Booking
Future Potential- Not much potential for next two months
Risk Level- Medium
Stock Analysis and Predictions: DLF Limited
DLF is one of the very volatile stocks in Indian stock market because real estate sector is still struggling to get strong demand momentum back. Indian real estate sector has shown many good signs of recovery and we can expect major growth in this sector soon. DLF is also hit by this uncertainty and this is also clear from the performance of this stock which is full of many ups and downs; though DLF has given 3 times returns in last nine months but these returns were full of many ups and downs. In future also, we can expect same from this stock and this stock holds a good potential of giving two times returns in next one to two years; however, volatility will also continue in this stock.
Present stock price – 419
Future potential – 800 – 950 (one to two year time frame)
Risk level – Medium
Present stock price – 419
Future potential – 800 – 950 (one to two year time frame)
Risk level – Medium
Wednesday, September 16, 2009
Stock Analysis: ICICI Bank Ltd
In recent times, ICICI bank has emerged as very attractive stock for investment and it has given around 2.4 times returns in just six months and 24% return in last month alone. The main reason behind this increase could be overall increase in Indian stock market but one thing is clear that investor’s confidence have definitely returned to this stock after much turmoil earlier this year. Present trend also looks very attractive for this stock and we can expect more rise in this stock in near future. This stock has full potential of crossing 1000 mark in near future. People can expect 10 to 25 % returns in next month also; though some caution is also required because this stock is trading at its 52 week high value.
Present Price- 867
Future Potential- 950-1100
Risk Segment- Medium
Present Price- 867
Future Potential- 950-1100
Risk Segment- Medium
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