Answer to Query- ITC

Question-What should i do with 30 Shares of ITC bought at 187 an year ago.

Answer- The long term median price target given by all analyst is Rs. 180. MR Equities has given 12 month price target of 195. IDBI Capital Markets has 1 year target of 176. Also technically stock is a good buy at 140 to 145 with target of 170. But this stck will take time to move.

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Answer to Query-Hotel Leela Ventures

Question-I have 260 shares of Hotel Leela ventures bought at the average prices of 65.00 per share six month ago.what is the future prospect of this stock.should i hold it for 3 to 6 mor months or exit at he current level @rs.52.00 per share

Answer-Most of the analyst are not much optimistic about this stock. Good analyst had earlier put sell on this stock. Also people have been advised to switch to good stock like Indian Hotels rather than sticking to this stock. Now decision is yours.Good Luck

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Answer to Query-Su-raj Diamond & Jewellery

Question- i am holding 250 shares of su-raj diamond & jewellery bought @ rs.62.50 per share in dec.2006.should I exit from this stock at the current levels (rs.58.50) or should i wait for 2-3 more months so that it reaches at the price level of rs.62.00

Answer-Jitendra, this particular stock is not tracked by any analyst. I tried looking through reports but could not find any. Also sticking to this stock has made you miss out on bull run. I would advice you to stick to fundamentally good stocks. Check the current magazines like money life, money today etc. and you will get good number of stocks to invest. JItendra, i wrote this posting for you http://niftynseoptions.blogspot.com/2007/07/investor-magazines-in-india-money.html

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Answer to Query-Nifty Options

Question- I HAV SHORT 5 LOT OF NIFTY AT AVERAGE RATE 4400 WHAT TO DO

Answer-You need to is to sell 4600PE put at 170. By this you would be able to cap your losses at Rs. 30 considering nifty at 4600.No considering in august the situations that can happen
1) Nifty reaches 4700-- Your loss would be 130 instead of 300.
2) Nifty remains at 4600- Your loss would be 30.
3) Nifty reaches 4500- You loss would be 30. You would recover Rs. 100 in your futures and would receive Rs. 70 at option.
4) Nifty at 4400- Your loss would be Rs. 30 in options but you would break even in futures. Net loss would be 30.
5) Nifty at 4300- Your loss would be Rs.30.

This all I considered keeping nifty at 4600 today.
Disclaimer-stock market are risky and surprising. I can only suggest and in no way should be responsible for your actions. stock markets are risky and no one can predict but can give views only. In above I have given my views and the repsonsibility of decisiona nd loss and gain is entirely on you. Also I would think more baout it and update you soon. Meanwhile post you yahoo messanger id, so we can chat on it

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Answer to Query- Infosys

Question-Please Tell me about Infosys

Answer-We need a strong consequtive close above 2100 to see a change in trend and positive outlook for stock. 1900 has acted as strong support and consecutive cand decisive lose below would take stock to 1820 and 1700 level.

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