Buy Future Retail Ltd (BSE Code: 523574) at Rs.148-149, T--Rs.161--162, in the short term. Since the CAD has come down, our government can go for a little bit of expansionary (mode) policies; this will help the companies in the retail sector. There were also some positive media reports on the company. Besides, FDI in retail, will increase the probably of M&A, in this sector. Hence, it is a strong buy at this price. CLICK HERE.
There are not so positive news in the short term in case of B F Utility Ltd. According to one of my friends who exited his holdings in the company said, "There is still no clarity on the part of the government regarding the hand over of the land required for the project". In such a scenario, it would be prudent to book profits at Rs.280--285 and shift to more safer Punj Lloyd Ltd at Rs.52.50--53 or IRB Infrastructure Ltd at Rs.116--117. However, those who have long term vision can keep holding with a strict stop at Rs.262.
Support: 5800 / 5770 (Nifty_Spot).
Those who want to speculate with micro-caps can try Sujana Metals Ltd (BSE Code: 513414) at Rs.2.14, for a target of Rs.5. There are some UNCONFIRMED reports of restructuring going on in the company. However, it is one of my old favorites and if you could remember, I recommended the scrip around Rs.17-18 in 2003-04, after which it crossed Rs.100. In the later stages too also, I recommended this scrip a number of times.