If you're still bullish in the short term...
1. Bharti/R Comm:
Wait a while till these stabilize. A 10-15% upside is highly probable after they stabilize. TRAI announcements and bullying has never been good for the Telecom providers per se. Let the markets digest the shock. R Comm would be a good buy at sub 250 levels. Bharti, on the other hand is an investment pick which i would cover later this pick in a much detailed fundamental analysis.
2. Neyvelli Lignite:
Buy on this stock if it falls below 120, for the shorter term the target is around 135-140 trading range.
3. RCF:
Our older analysis was SPOT ON for this stock- 74 was the high it reached last week, and has come down significantly since then. We recommend a buy again on this one, albeit a little later at around 64-65 with a target trading range of 73-76.
4. MRPL:
Again, this was a hit last time, 100% accuracy! It now has retreated to levels of 85, and has good support at 80. One can buy for the shorter term, at around 81-82. Short term target is 89-90 in this case. If it doesn't fall to that level, the stock would swing higher to 92-94.
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