TITAN INDUSTRIES

Bonus issue and Stock Split of TITAN INDUSTRIES are going to take place in coming days. In the present market conditions we expect that post split value may range from Rs 223 – 240. Company is fundamentally very strong and it has a very good track record. Bonus and Stock split is opening a comfortable entry for small and medium share holders. Irrespective of investment capability, investors should enter systematically. We expect that on post split month share price will come down due to profit booking and will be available in the levels of 190 – 220. Share is recommended for short to long term investment.

Sumeet Industries

IN the present conditions Sumeet Industries Ltd looking very attractive for short term to long term investment. Share has strong support at the level of 31 rs. Any one can buy this share in the range of 31 to 36 and hold for long term without any worries with a target of 56 in one year.

MARKET OUTLOOK

29th April ended giving a mixed trend to market. During the last hours US markets managed to close in a positive trend. Asian Market was mixed and European Market was flat to positive. Beginning of fresh month and last weeks correction may lead to a small pull back to higher level. But we see that market will go to a bull face only if Nifty closes above 5935. Over all Market sentiments is flat to negative. In such a situation we expect a stock specific action and traders are advised to maintain strict stop loss. On Monday market may show minimum positive trend and if Nifty trades above 70 points up above from current level we can get a good week.

STOCK OF THE DAY: HCL TEHNOLOGIES

An HCL technologies is doing well in the market over a couple of days. We believe that the same trend will continue in the coming week also. If market remains favorable HCL Technologies can touch 592 Rs. We are bullish of IT and Banking sectors in coming days. Still we would like to advice that fresh positions in this scrip shall be taken only on dips.

STOCK OF THE DAY: TVS MOTORS

TVS Motors Q4 results announced and it is much below expectation. In the present level the scrip will show a negative trend. But below 50 Rs it is a real great buy and we believe that the scrip will touch 65 to 67 in medium period and has a target of 72 by the year end. Increase in the cost of components and unbalanced overhead are the reason for the unfavorable result. For those who hold it at a price in the present level can hold the share. We recommend our clients to make purchase in small quantities at different prices between the ranges of 47 to 56, for a target of 72.

BE A RUBBER BALL

Being in good mood during your trade is important. It is an art. Learn and master it Let the market go anywhere. We have the option to buy and sell. Learn to feel unaltered on gains and loss. Trade as it is your business and not as your hobby. Be a rubber ball. If situation push you down go down and touch floor, but bounce back more high. Once you become free from the clutches of pleasure and pain you will start your journey towards ultimate growth. Let’s enjoy expiry date fluctuation.

STOCK OF THE DAY

REI AGRO

NAME	REI AGRO
LISTING	BSE: 532106                     NSE: REIAGROLTD
SECTOR	FOOD PROCESSING
52 WEAK HIGH AND LOW	52 WEAK HIGH - 34.80   AND LOW 18.85
HEAD OFFICE	Everest House 46C Chowringhee Road,,15th Floor, Kolkata West Bengal 700071
PROMOTER HOLDINGS	43%
OPERATING PROFIT	631 CR
CMP AS ON 28-04-2011	RANGE OF 26.95 AND 42.40

WE RECOMMEND BUY ON THIS SHARE FOR SHORT TERM TGT OF
31.20 AND MEDIUM TGT OF 36 AND 2 YEAR TGT OF 89 RS