Stock Picks - Please read disclaimer in Earlier Posts

Following are the stock calls carried forward

·          Reliance Infra – Long since 1126 for a target of 1160 (2% return with a target of 1147 was achieved with the intraday high of 1153)

·          IFCI – Long since 53.9 for a target of 56 / 58 /68

·          Long Hero Honda – CMP 1694 for a target of 1710 / 1720 (2% return)

Following are the new recommendations

·          Godrej Industries – Long @ CMP of 169.7 for a target 173/175/178

·          HDFC Ltd. – Long @ CMP of 2510 for a target of 2540

·          Maruti Udyog – Long @ CMP of 1419 for a target of 1450 / 1463