Simplex Projects Ltd hit the buyer freeze today at Rs.55.10. The stock was recommended several times in the last few months. This is the 2nd time the stock crossed Rs.53 mark. Many Construction stocks are doing well, triggered by the government approving mega highway plan to develop about 83,000 kilometers of roads at an investment of Rs.7 lakh crore in next 5 years earlier this week.
Buy Call from my Associated Brokerage House, BMA Wealth Creators Ltd: Buy (T+2) PTC at around Rs.123.70, SL: Rs.120; T - Rs.130.
Unitech Ltd today touched Rs.6.50 and is now trading at Rs.6.40, up 5.79%. You can look for targets above Rs.7, in the coming days. Accumulate the scrip on all dips.