Reliance: Buy 1050 Target Rs.1100
OIL on Boil.
oil continues to rise. Now $83.May head towards $100 soon due to global recovery of all sectors.
RIL's K-G gas play may get bigger with D4 block
At 100 tcf, partner Niko says reserves may be twice D6 block’s
The Krishna-Godavari (K-G) basin may prove to be a much bigger play for Reliance Industries Ltd (RIL). This follows the announcement that its D4 block could hold twice the reserves of the in-production D6 block to the north.
So reliance industries have got good future and with such low share price it is a pick for any long term investor.
Tata Steel: Buys.672/- target Rs.700/-
There will be uptrend only due to steel demand through out the world and china's inability to increase steel output will help Tata steel to capture the market. It will reach soon its previous height like other stocks and will not go down now.It will reach its peak level of Rs.800 soon
Both the above stocks are below their high levels and if anyone missed the rally can catch up with these two stocks still.
Visa steel is a silent stock which has got good energy . Price :Rs.40
Target Rs.60/- within 3 to 6 months. Low value stock. If international accounting standard report has to be done soon, then this stock will be having not less than Rs.75/- in value. So get into this stock now.Don't feel sorry later.
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