Wednesday, January 17, 2007

IT look firms

It stocks are looking good although valuations are bit stretched
still value stocks remain
A buy is suggested in rolta for long to medium term.
Among the front line stocks infy remains evergreen and target in 3 mnth is at 2425.
Infy 2 yr target surpases 3300/-
A hold is recommended in tech mahindra (tgt 2000) ,polaris,3i info
i flex has peaked out and mphasis looks to peak out at 325
Educomp still remains a hold while teledata looks to have good valuations....
tulip It services has peaked out for the short term.....
moser bear is ahold so is NIIt and NIIT tech........

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