Buy MID-DAY MULTIMEDIA

Buy MID-DAY MULTIMEDIA for 4 month investment , This stock target is 34 current price is 28.7 ,this stock chance for down up to 24 price level, so only exit when this stock close below 23 price level

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Buy Balmer Lawrie Brokerage Recommendation

Hedge Equities the research firm has recommended for accumulation of stock "Balmer Lawrie" with targets of Rs 675 and Rs 740 for a 1-2 year (long term investment )

While the sales of the firm have grown at a CAGR of 13.6% in the last 5 years (2005-2009), its growth in profits have been more impressive, growing at a CAGR of 27.2%

The profit margin of Balmer Lawrie (Q,N,C,F)* is forecast-ed to increase from 5.4% in 2009 to 6.1%, 6.5% and 7% in FY10E, FY11E and FY12E respectively. At a CMP of Rs 580, the stock is trading at 8 times its FY10E earnings, 7 times its FY11E earnings and 5 times its FY12E earnings.

Technical view

Strategy for Bull; This stock is in bullish trend so this stock will touch 626 and 650 level with in short time period,


Strategy for Bear; This stock having a strongest support in 570-560 level if break this level it will down up to 524-520 level,

Indian 'stock market' tips