Portfolio pick: Enter India Nippon 470-485. Target 600. SL 440. 6 months.
Sector: Auto Ancillary.
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Portfolio pick: Enter India Nippon 470-485. Target 600. SL 440. 6 months.
Sector: Auto Ancillary.
Enter Kansai Nerolac 470-485. Target 575. valid for 6 months. Sl 435.
With Asian Paints and Berger Paints rallying to new highs, Kansai Nerolac will start moving towards its new highs. With brokerage houses being still positive on Berger and Asian paints. Kansai Nerolac has already a good gap of 15-20% to move. Kansai is our Midcap pick in Paints with good upside potential and has a good risk reward ratio.
P19- Priority Pick 19. Value pick from Infrastructure space with 60% upside.
The stock is a leader among contemporary construction companies in India in the field of power sector, Infrastructure and Petrochemicals.
P18. Priority Pick. Stock from a niche sector has 60% upside in a year.
Other Priority Stocks will also be given updates.
Kindly follow update on Small cap Index to add risk management to your portfolio.
Ramkrishna Forge hits SL. If you still hold, exit on rally towards 700-710. Revised SL 630 on closing basis. Stock price. 645. We are bullish on the stock above 750.
Reference call:
Fresh call: Ramkrishna Forge. Enter close to 710. Target 890. SL 660.