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Stocks Recommendtaions
Maruti Suzuki India Ltd Hold
The company is the market leader in automobiles and has launched diversified models. The long term outlook for the counter is bullish as the long term oscillators are rising. However, there is weakness in the short term. The stock has support at 1405-1370 levels. Hold with a stop loss of 1370.

TVS Motor Compony Hold
The stock had a good rise from a low of 30 in February this year to a high of 93. However, profit booking looks on the anvil and the stock might come down to the support levels of 60-48-40.The two wheeler segment is likely to perform but the market is overvalued at this time so wait for correction to buy.

Mahindra Satyam posts profit Report

Mahindra Satyam (formerly Satyam Computer) on Monday announced that it has registered a net profit of Rs. 98 crore for the first quarter and Rs. 23 crore for the July-September period this fiscal.

For the fiscal second quarter ended September 30, net profit shrunk to Rs. 23.30 crore on sales of Rs. 1242 crore. Its other income for the second quarter stood at Rs. 31.3 crore.Revenue for the first quarter stood at Rs 1,248 crore. In the subsequent three-month period, the revenue was reported at Rs 1,242.40 crore. The headcount for the company for the second quarter was 28,068.In September this year, the company had announced its audited financial results for the two fiscals 2008-09 and 2009-10.

For the quarter ended June 30, the company reported profit of Rs. 97.50 crore, on revenues of Rs. 1248 crore.

Hold Federal Bank
At- 455
for Tgt- 505-515
Small term Investmnet

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