Wealth Builder - October Edition

TRADERS PICS – (5 – 30 DAYS)


Penny Stocks views : Megasoft – Current MRP 31 rs ,
Our Reco – Buy at current price for duration of 4 yrs with Potential upside 100%
Basis of Recommendation :
1. Currently Trading near its major resistence of 34 rs once it crosses that price its expected to rise till 45/ 70 rs with no major resistence in place.
2. Stock Performance
1 week 0.16%
1 month 24.65%
1 yr 14 % returns

Risk:
Birla Cotsyan : Current MRP 1.22 rs

Our Reco – Buy at this level

Basis of recommendation :
1. Catching up Retail sector demand
2. Entry of Retails (Birla group plans to launch its retails chain of garments)
3. Increase in FDI investment in retails sector
4. govt working on deregulation of the Retail sector

Risk : NA

Sona kayo Steering : MRP 19 Rs
Our Reco – Buy at the current price with duration of 4 to 5 yrs with potential upside more than 100%

Basis of Reco:

Demand increase in Auto sector

1. Auto Companies are currently in growth pattern
2. Decrease in Raw material cost will enhance profitability
3. Government strong focus on roads and infrastcuture to pave way for demand in auto and auto anxillery industries.

Risk : NAYes bank – Entry 311, SL 303 Target 320/350
Dabur – Entry 209, SL 205 Target 225
DLF - Entry 301 SL 297 Target 320/340

YOUR WEALTH BUILDER -