Reliance Communication: Buy
CMP 297 Target 307 and 311

GVK Power: Buy
CMP 50 Target 56 and 60

Punjab National Bank : Buy
CMP 707 Target 745 and 760

1) GVK POWER (50) – Buy and hold with an investment view, strong support exits at 46‐44, above 52 stock enters into a new zone, short term target looks 54‐61.
2) GODREJ IND (198) – Buy on dip and hold with an investment view, in the near term support exits at 175 and in the short term support is at 154. Buying could be safe around the support level, in the short term target looks 235.
3) LT (1628) – Buy and hold with a stop‐loss of 1580, stock showing sign of revival, if maintains above 1640 with good volumes then look for a target of 1675‐1710.
4) S.KUMAR NAT (52) – Buy, huge delivery volume witnessed today, strong support in the region of 44‐42, resistance at 55, if maintains above then look for a target of 60‐64.