Today on dated 26/10/10 The market price is Rs3030
Buy at this Price and Hold for next 1 month .
Target Price Is Rs3500
Reason to buy and Hold is-
1)-Infosys Revenue grows 10.6% on (QOQ) basis..
2)- QoQ volume grows at 7.2%
3)-onsite pricing improvement of 2.4%
4)- cross currency benefits as growth in Europe exceed North america.
Margins are also improved.
Also buy Renuka sugar at price Rs90 and the target for next month is Rs110
As this is the festival season and the quantity in selling of sugar will be increased heavily which will have positive impact on the profit of sugar industries.
So but at this price and hold for 1 month to get 20% profit from the sugar sector.
Buy VIP Industries at CMp Rs623 and the target price till December is Rs900.
I will update after the target achieved.
These TIPS are totally based on research by Technical Team, after reviewing PE, EPS of the stocks.