Wednesday 18 February 2015

Published 00:29 by

Budget 2015 Short term picks

1.Buy SBI @305 for a target of Rs.350

2.Buy Yes Bank@810 for a target of Rs1000

Key Triggers: Savings Allowances expected from the budget and Expected rate cut ahead

3. Crompton Greaves Buy@172 for a target of 220 

Key Triggers : FDI allowed in capital goods are expected to be more to ensure fast growth of infrastructure sectr

4.Buy India Cements @ 102 for a target of Rs.125-130

Key triggers: Governments Focus on Infra Sector and expectations from budget in infra space

5.Next Media Works Buy@15 for a target of Rs20

6.HMVL Buy @225 for a target of Rs.300

Key triggers : Tax benefits expected from the budget

7.Cairn India Buy@255 for a target of Rs.300

Key Trigger: Expected levy of customs duty on import of oil

8. IPCA labs Buy@Cmp for a target of Rs.850

Key Triggers : Expected tax benefits for encouraging R&D by providing Weighted deduction

9 Jk Tyres Buy @Cmp for a target of Rs.150

Key triggers: Expected hike in import duty and inclusion in negative list

10.Arrow textiles Buy on dips @33-35 range for a target of Rs.50

Key triggers : Expected Reduction in Excise duty by a whopping 50%
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