Sunday, January 31, 2010

Multibagger - Stocks to buy during market correction


The stocks below are good quality stocks and can be bought during market correction, provided you can get into these around the mentioned entry price for each stock. Not necessarily we will see these prices but we are providing this list to ensure that our subscribers don't miss this opportunity if prices come around these levels. 

As the list has around 50 shares - so we would advise you to use watch-list functionality provided by your broker's website (i.e. ICICIDirect, RelianceMoney etc) - which can alert you when the current market price hits the mentioned entry price and you can place the trade at that time. If your broker's website does not provide this functionality then you can use http://money.rediff.com/ "WatchList" feature, which does the same thing.


Company
Entry Price
(listed below or lower)
Gujarat Fluorochemicals Ltd
135-145
Gujarat State Fertilizer & Chemicals Ltd
190-195
Bharati Shipyard Ltd
240-250
ABG Shipyard Ltd
240-250
Indraprastha Gas Ltd
180-182
Hyderabad Industries Ltd
475-500
Prakash Industries Ltd
170-175
Bhushan Steel Ltd
1200-1250
Aban Offshore Ltd
1080-1100
Uttam Galva Steels Ltd
85-95
Triveni Engineering & Industries Ltd
109-110
Magma Fincorp Ltd
180-182
Tantia Constructions Ltd
120-125
Havells India
475-490
Rolta India
175-180
Spicejet Ltd
50-51
Gammon India Ltd
210-215
NIIT Technologies Ltd
150-155
LIC Housing Finance Ltd
600-675
Mahindra & Mahindra Financial Services Ltd
275-290
HBL Power Systems Ltd
32-33
Unity Infraprojects Ltd
500-525
Tata Sponge Iron Ltd
300-320
IFCI Ltd
45-47
Balaji Telefilms
48-50
KPIT Cummins Infosystems
90-95
3i Infotech
70-72
CESC Ltd
340-350
Lakshmi Energy & Foods Ltd
130-135
Tulip Telecom
800-825
K S Oils Ltd
63-65
Divi's Laboratories Ltd
525-550
Rural Electrification Corporation Ltd
205-215
Himalya International Ltd
30-32
Electrosteel Castings Ltd
42-43
Graphite India Ltd
75-78
Jindal Steel & Power Ltd
525-550
Dish TV India Ltd
35-39
Housing Development & Infrastructure Ltd
275-285
Hanung Toys & Textiles Ltd
90-100
Geodesic
100-105
Bartronics India Ltd
130-135
MIC Electronics
40-42
HCL Infosystems Ltd
115-117
Jyoti Structures Ltd
145-150
Dewan Housing Finance Corporation Ltd
175-180
Deepak Fertilizers & Petrochemicals Corp. Ltd
94-95
Balrampur Chini Mills Ltd
108-110
Patni Computer Systems Ltd
420-425
Tata Steel Ltd
500-525
Reliance Industries Ltd
950-975
Dhampur Sugar Mills Ltd
110-115
Shri Lakshmi Cotsyn Ltd
109-112