Home > Midcap Stock Ideas > Stock Watch- Rajesh Exports, RPL,Crompton Greaves,Titan

Stock Watch- Rajesh Exports, RPL,Crompton Greaves,Titan

Sunday, September 2, 2007 Leave a comment Go to comments

Some of our old recommendations are again going up after correction. This is the the beauty of strong stocks-every time there is a bounce in the markets, these stocks bounce back with real vengeance!

  • Rajesh Exports -The stock was recommended sometime back in the mid cap ideas when the price was around 545 levels.The stock is now trading close to its all time high of 592 and as soon as it crosses 590-595 levels, there is a bright chance of this stock taking a shot at 650+ levels.I feel that this stock might outperform the market in the medium to long term.In short term, the stock is a bit too volatile.
  • Crompton Greaves-Again an old recommendation which is scaling new highs. The stock has the potential to go even higher and there is a possibility of this stock reaching around 340-350 in a short period of time.
  • Reliance Petroleum– The stock has made a good base around 105 levels and remains in an uptrend. The stock was one of the stocks on the shopping list during correction.The stock is looking set to make a dash at 120 levels-an all time high for the stock. The stock has the potential to reach 125-130 levels in short to medium term.
  • Titan-Though the stock is very volatile(high beta stock) but it is one of the stocks which are in long term uptrend.The stock has found mention on my blog many times.I always recommend people to add this stock to their portfolios when it corrects sharply.This time I had recommended my clients to add Titan around 1040 levels.The stock is back to 1240 levels and there is a high probability that the stock takes a shot at 1350 levels and goes on to test 1500 levels.

There are many such old ideas which are gearing up to scale new highs. Do not run around looking for new ideas just for the sake of having something new.More than often “old is gold”.

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  1. sagecapital
    Monday, September 3, 2007 at 5:06 pm

    Thanks guys for the encouragement. I feel “content” is more important than the “looks” as looks can be deceptive 🙂

  2. Satish
    Sunday, September 2, 2007 at 7:22 pm

    Sage, compliments on the website makeover. It looks good !

  3. Sai Rohit
    Sunday, September 2, 2007 at 12:18 pm

    WoW,the new look of the site simply great.Best wishes

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