Buy Bombay Dyeing

Stock cmp-551.30
Target-780
Stoploss-495
Holding Period-6 months.

Buy -DLF

Stock-DLF

Cmp-297

Target-400

Stoploss-248

Holding Period-6 to 8 months.

Buy- Adhunik

Stock-Adhunik

Cmp-121

Target-175

Stoploss- 108

Holding Period-6 to 8 months.

Book Profit in Maytas Infra

My clients and readers are advised to book profit in Maytas Infra.This call was given by me in April and the target was given 211.Today,the stock rose to touch 212.80.Those who wish to hold it for a long term can put a trailing stop loss of 190 and can remain invested in it.

Nifty Can Touch 5500

This month Nifty can touch 55oo mark.I advice my clients and readers to book half of their profits on the said levels.

Buy Maytas Infra

Stock-Maytas Infra
CMP-165.90
Target-211
Stop Loss-140
Holding Period-2 to 3Months.

RBI Hikes CRR

The Reserve Bank of India has hiked its cash reserve ratio by 75 bps to 5.75% as against 5% at its credit policy meet today. (100 basis points=1%)
The move will be implemented in two stages. The first 50 bps hike will come into effect on February 13 while the next 25 bps hike will be effective February 27. The move will result in a mop-up of Rs 36,000 crore by February end.
The central bank has left unchanged the reverse repo, repo, and bank rate at 3.25%, 4.75%, and 6% respectively.
This move by RBI is a step to control the rising inflation.The Reserve Bank had earlier projected the inflation to be around 6.5 per cent by fiscal-end.*
*Fiscal year: 1 April - 31 March