New powerfulpicks call: Buy Tamil Nadu Newsprint and Paper. It will do well in FY11 and FY12, going by the results posted for the June quarter, the incresing demand of paper and because it makes paper intelligently (not from wood, but from bagasse, which keeps raw material prices controlled). Detailed research will be uploaded to file section and sent out by email shortly.
Entry price: 144-145
Short term target: 163 (1-2 months hold time) ...+12.4%
Long term target: 212 (12 months hold time).....+46%
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