Buy Tata steel: Target Rs.600/-
Plan to sell another unit in South Africa which is profit giving. The sale price will be more than Rs. 5000 crores. Orissa unit will start from next month thus indian steel market can be captured further. Also for raw materials, adequate steps are being taken. Hence it will cross its peak 52 week high soon. It is a growth company.

Sell: reliance communication

Buy: East india hotels: Target Rs.155/-. Soon there will be tug up war between ITC and reliance industries for take over attempt