Buy Fortis Healthcare because the risk is just about 10% but the upside could be anywhere between 40-75%.
QIP is very much possible or a strategic stake sale from foreign peer is very likely. If that happens, Jet Airways can go beyond 700.
We continue to be very positive on Reliance and probably by next Diwali, we could see the stock at around Rs 1000.
Buy Chambal Fertilisers at the current price. Suggest an entry on the long side with a stop loss of about Rs 1.5 to Rs 2 and look for an immediate target around 74.
Go long in Kotak Mahindra Bank. Keep a Rs 8 as the stop loss to slightly below 660 and look for a target at about 685.
IDFC is a buy with a stop of about 168 and a target of 181.
Zee Entertainment is a buy with a stop of about 200 and a target of 224.
Buy Bajaj Auto with a stop of about 1940 and a target of about 2015.
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