Tuesday, January 25, 2011

My Funda Stocks - 3

Vardhman Textiles (CMP - 290)
- QoQ Basis turnover growing at 12% while Net profit @25%.
- Support at 270. Heavy support at 265. Expected target of 310 in next few session. If crossed 310 and maintained above 315 than see the new level above 350.

Amara Raja ( CMP - Rs. 174)
- Immediate target of Rs. 190. If maintained above 190 or so, will reach 210.
- However, support seen at 170 & 165.  
- Results to be announced on 28th Jan 2011. Dividend of 100% declared at FV of Rs. 2.

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