Ballarpur Industries (BILT)

Tracks:

Jaiswal told CNBC-TV18, "Ballarpur Industries is still looking strong but it has some resistance near to Rs 39. But if it crosses Rs 39 then the stock can come in the range of Rs 48 to Rs 50.”

Angle Broking has this stock at ,must have list due to strong fundamentals.

Bhambwani told CNBC-TV18, "If you have 6-8 months time frame on BILT I would say the Rs 44 levels could be a possibility provided the Nifty crosses over the 5500 mark."

Ashwani Gujral told, "You could buy BILT with a stoploss of about Rs 28, target here could be closer to Rs 39. Also it has good sector support, so the entire sector is doing quite well".

Sukhani told CNBC-TV18, "Ballarpur Industries will take their own time, so I don’t know weather you can actually day trade in it. But if you are an investor you really want to look at it. A stock that’s coming out of a multi year trading range is a stock that’s going to go places. So for an investor it is a very worth investing opportunity."

Update (12th April 2010)
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> This stock showed an upward movement of upto 20% on 9th April ( previous trading session).

> Anu Jain on CNBC - TV18 ( Commented)

Q: What about Ballarpur—the star of Friday? Technically, how would you approach it now?
A: I would not buy into at these levels but yes the chart pattern is extremely strong. So a dip can be used to get into this stock. The whole paper stocks are looking strong. But if one is looking for a target, I think Rs 41 seems to be where at least for the interim I would say that that is the target that I would keep.
So if one is holding it with a stop loss of about Rs 36.90-36.95, one can continue to hold. For buying, I would wait for dips. I know there is a lot of momentum and you may not get an opportunity but it is rather to be safe than sorry.

> Mitesh Thacker told CNBC-TV18 (9th April 2010) , “I personally hold Ballarpur Industries (Bilt), and I think both Bilt and Orient Paper look pretty good. There is some kind of news about Bilt subsidiary being listed. I think very clearly there is also a lot of news flow which has happened on the counter, we have seen promoters pick up around 9 crore shares via the warrant as well as the compulsory convertible bonds root. This stock is likely to be in action it’s broken above its supply area of around Rs 35-36. So I think the stock could probably head towards Rs 48 to Rs 50 in short term.”

JP Associates

Jaiprakash Associates

Tracks :

1. Buy - Target of 183 By ShareKhan on Feb-22 at market price of 132

Welcome Post

When trying to make money investing in market, we have lot of options, lot of recommendation, lot of things to consider.

In this blog, I will try to track some stocks which are analysed by popular brokers and try to keep up with them along with dates and recent updates on each one. This will help to keep the collected information at one place and share it with other interested people.

Hope this will be a useful one.

Disclaimer : The data in this blog and other analysis information are collected from various web sources and the blog editor is not responsible for any authenticity or correctness of the report. The information can be used only as reference and not as a recommendation by the blog editor.

Cheers,
Vinay