Tata Motors (Buy above Rs 156 , target of Rs 165)
Tata Motors has surprised analysts by posting strong numbers for September. Though Nano sales are down 47 percent, overall growth of 22 percent is a positive surprise that can lead to some short-covering.
Glenmark (Sell below Rs 322, target of Rs 315)
A New Jersey Court has rejected Glenmark's claim of double patenting of Tarka for which the company is likely to lose up to $16 million. The stock can see some selling based on the news.
Tata Power (Buy above Rs 100, target of Rs 105)
Tata Power has said that in order to raise funds, the company will be selling some non-core assets. The company has been in the Rs 100 range and can witness a small move higher.
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Updated Date: Dec 20, 2014 14:58:03 IST