"WEEKLY RECO FROM DIFFERENT BROKERS"

FAIRWEALTH SECURITIES: (POSITIONAL CALL)
S.No.SCRIP BUY PRICE  STOPLOSS  TARGET 
1 IDFC ltd 184-186 177.6 192-196
2 IFCI Ltd 58-59 57.10 61-63
3 Citi Union Bank Ltd 37.5-38.5 36.8 39.5-40.5
4 Yes Bank Ltd 283-285 276.5 290-294
5 IDBI Ltd 122-124 120.8 127-129
6 Banco Products Ltd 112-114 109.6 117.5-119.5
7 Sona Koyo Steering Systems Ltd 21-23 19.8 24.5-26
8 Subros Ltd 47-49 45.10 52-54
9 JB Chemicals Ltd 94-96 91.7 99-101
10 Aarti Drugs Ltd 135-137 133.2 141-144
11 Nahar Spinning Mills Ltd 102-103 98.8 105-107
12 RSWM Ltd 134-136 129.7 141-144
13 Visaka Industries Ltd 178-181 175.2 185-188
14 Jayshree Tea Ltd 294-296 289.6 302-305
15 GIC Housing Finance Ltd 112-113 109.6 117-119
16 Renuka Sugar Ltd 70-72 68.60 74-76
17 TNPL Ltd 114-115 111.8 118-120
18 Jindal Saw ltd 206-207 202.5 213-216
19 Natco Pharma Ltd 204-207 201.3 212-215
20 Harrisons Malayalam Ltd 134-136 129.7 141-144
21 DCHL Ltd 132-135 129.6 140-143
Fairwealth Stock of the Week:
ALLAHABAD BANK
Closing price: 166.40 Recommendation: Buy at cmp
Target: 177 Stop Loss: 159.90
Fairwealth Weekly Call:
Stock  CMP Momentum Reco Target Stoploss
1 DIVISLAB 758 DOWN Sell around 765,Target 736,SL closing above 775
2 AXIS BANK 1273 UP Buy around 1260,Target 1290-1320,SL 1234.90
3 DLF 295.80 UP Buy around 290,Target 310-330,SL 276.90
4 INDIAINFO 99 UP Buy on dips,Target 110,SL 91.90.
Fairwealth Securities: Intraday call for 12.07.2010
Oriental Bank of Commerce Buy above Rs 355 for target of Rs 360-368 with stop loss of Rs 350.
Balrampur Chini Mills Buy above Rs 89 for target of Rs 91-94 with stop loss of Rs 87.
3i Infotech Buy above Rs 66 for target of Rs 68-70 with stop loss of Rs 63.90
FUNDAMENTAL CALL::
Prabhudas Lilladher recommends `Accumulate` on Sterlite Industries with a target of Rs 197 as against CMP of Rs 168
SKP Securities recommends `Buy` on RSWM with a target of Rs 178 as against CMP of Rs 120
Emkay recommends `Buy` on Blue Star with a target of Rs 464 as against CMP of Rs 441
MICROSEC (PICK OF THE WEEK):
Maruti Suzuki CMP= 1424.25 Buy around 1405-1425 SL 1385 Tgt. 1468, 1496 (1-2 weeks)
IIFL:
Buy Punjab National Bank CMP 1054, TGT 1246 in 1 year
Buy Amtek Auto (CMP 184) target 218-220 in 6-9 months
Technical idea: buy Essar Oil CMP 143, stoploss 134, target 158 and 162
Buy Godrej Comsumers CMP 349 stoploss 342 and target 375
MANSUKH INVESTMENTS (WEEKLY PICKS):
(I)  Finolex:
Buying is recommended at CMP of Rs 54.55 with first target of Rs 57.5, second target of Rs 60 and stop loss of below Rs 50.This stock formation is just like double bottom shape after getting good support at 45 level and tends to move in upward trajectory with nearby targets at around Rs 60. Currently this scrip is trading above the 20, 50 and 200 DSMA and the technical indicators RSI and Stochastics show strong bullish momentum in near term.
(II) Blue Star:
Buying is recommended at CMP of Rs 451.85 with first target of Rs 470, second target of Rs 490 and stop loss of below Rs 430. This stock is looking bullish as it is making higher tops and higher bottoms formation after getting support at 320 level. Currently this stock has broken stiff resistance level around 420-430 and tends to move in upward trajectory with nearby targets at Rs 470-490.Currenty this stock is trading above all the moving averages (20, 50 and 200 DSMA) and the technical indicators RSI and MACD shows bullish momentum in near term.
(III) Hindustan Unilever:
Selling is recommended at CMP of Rs 262.4 with first target of Rs 255, second target of Rs 250 and stop loss of below Rs 270. The stock is undoubtedly in a downtrend and facing a stiff resistance in the range of 270-275. If the market will correct further from this level the stock will easily meet ts target around Rs 250. Currently, this stocks price is trading below moving average 20 DSMA which confirm short term weakness in the scrip. All the daily indicators ROC, RSI and MACD are looking bearish.
MAJOR HEADLINES:
Sensex, Nifty gain over 2% this week; Teck, CD up
IIP for May likely to be at 16.5%: Joydeep Sen
Need to boost production to achieve food security: FM
ArcelorMittal: Decision on JV with NMDC by month-end
CRISIL assigns `AA/Positive` rating to Tata Power`s NCD program
Essar Oil raises USD 147 mn via FCCB issue
HDFC ups stake in Credila to 51% for Rs 40.3 mn
Gujarat NRE Coke Q1 net rises over 5 times
Steelcast plans tie-up with Michigan Steel, USA
Tata Steel company indicates rise in steel prices
"Confused what to Buy or what to Sell ? Check here for INTRADAY CALL"