SUZLON
Current price: Rs 46.5,
Target price: Rs 44.5
The stock is intriguingly poised. It bounced off successive lows at Rs 45.90 but volumes were low and the recovery was weak. The next burst of selling could take it to Rs 44. On the other hand, a recovery could pull it to Rs 48. Keep a stop at Rs 47.5 and go short. Increase the position between Rs 45.5 and Rs 46. Start booking profits below Rs 44.5

SAIL
Current price: Rs 188,
Target price: Rs 192.5
It's not very clear yet but the global, metals market may be making an uptick. Sail could be a major beneficiary. The stock is lifting off a recent low of Rs 185 on high volumes. One good session could pull it to Rs 193. Keep a stop at Rs 186 and go long. Increase the position between Rs 188 and Rs 189 and start booking profits above Rs 192.

Also Read   Related Stories News Now - Steel companies raise prices - Suzlon opens new R&D and technology centre in Germany - REpower Systems AG sets up new technology centre in Germany - SC notices to Rama Raju, 4 others - Fert min may move Cabinet next week on Rs 35,000 cr steel plant - Steel prices rise by Rs 1,000 a tonne next month

Also Read   Related Stories News Now - Markets end flat - SAIL to add 5 mn tonne capacity in FY13 - NHPC FY12 net up 28% at Rs 2,772 cr - Aarti Industries Q4 up nearly 27% at Rs 28.24 crore - BPCL posts four-fold jump in Q4 net at Rs 3,963 cr More

(The target price and projected movements given above are in terms of the next one trading session unless otherwise stated)

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets end flat - SAIL to add 5 mn tonne capacity in FY13 - NHPC FY12 net up 28% at Rs 2,772 cr - Aarti Industries Q4 up nearly 27% at Rs 28.24 crore - BPCL posts four-fold jump in Q4 net at Rs 3,963 cr

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