TVS Motor Company Ltd

TVS Motor Company Ltd

Rs. 79.25 0.70 (0.89%)

Date: November 12, 2010

Ashuu Kakkarr - Tech Analyst, ashuukakkarr.com (Hold)

The stock had a good rise from a low of 30 in February this year to a high of 93. However, profit booking looks on the anvil and the stock might come down to the support levels of 60-48-40.

AK Prabhakar - Equity Analyst (Sell)

The two wheeler segment is likely to perform but the market is overvalued at this time so wait for correction to buy.

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Glenmark Pharmaceuticals Ltd

Glenmark Pharmaceuticals Ltd(Hold)

Rs. 347.70 -13.85 (-3.83%)

Date: November 12, 2010

Ashuu Kakkarr - Tech Analyst, ashuukakkarr.com

The stock has support at 310-240 levels. The resistance is at 378-405 levels. Hold with a target of 465.

AK Prabhakar - Equity Analyst

The company has successfully completed phase III trials for its HIV associated diarrhea drug. The company would be selling it in 124 countries. Bullish on the stock so hold with a target of 450-475 in a year.

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