My Top Picks For 2011

No matter what the skeptics say, the Indian bourses will continue to shine in 2011 with mild and not so mild tremors continuing to test investors confidence and staying power off and on. So those who don’t allow their emotions to mimic the market swings will emerge winners if they dare to get in now and wait patiently for the markets to cross 23000 after which they can think of booking partial profits.

I want your New Year to begin on a strong note and therefore I am urging you folks to take a call on the following 3 scrips which will give you great returns in 2011 and beyond:

1. Cairn India CMP Rs. 332.45 Target Price Rs.500

2. Yes Bank CMP Rs. 312.70 Target Price Rs.450

3. Confidence Petroleum CMP Rs.19.85 Target Price Rs. 50

4. Welspun Corp CMP Rs 169.60 Target Price Rs. 350

On the eve of 2012, let me know whether you profited by taking a call on the above scrips.

Why Because, besides you I will silently celebrate your victory and happiness. It is evident from the above target prices that I am not promising you the moon but I am attempting to tell you which scrips are enbedded with strong potential to give you decent returns in 2011.

May Providence Bless you with tons of Wealth, Happiness and Joy.

Gul ne gulshan se gulfam bheja hai,
Sitaro ne aasma se salam bheja hai,
Mubarak ho apko naya saal,
Hum ne advance me ye piagam bheja hai.
Happy New Year 2011.

Kishor S. Khot, [Kishor@hbjcapital.com], Equity Strategist, HBJ Capital Services Pvt Ltd