‘Tractor dealerships have had a very good response from the farmers and the rural public’

Going forward also, passenger vehicles and tractor segments will be the things to watch out for in Q4.

Buy Delta Corp with a target of Rs 95

"Asian Paints is a 'BUY' call with a target of Rs 920 and a stop loss of Rs 865."

"Tata Steel is a 'BUY' call with a target of Rs 240 and a stop loss of Rs 217."

"Axis Bank is a 'BUY' call with a target of Rs 400 and a stop loss of Rs 372."

Even though most of us want to believe that this is a 'bull market', corrections such as the ongoing one put our thoughts in a dustbin.

Karnataka Bank is a 'BUY' call with a target of Rs 144 and a stop loss of Rs 130.

"Voltas Ltd is a 'BUY' call with a target of Rs 250 and a stop loss of Rs 232."

Sell Tata Steel Ltd with a target of Rs 320

Adani Power Ltd gapped up today and has stayed strong. It is a buy with a stop of Rs 40 and a target of Rs 44.

BHEL is a 'SELL' call with a target of Rs 157 and a stop loss of Rs 165.

PFC Ltd is a ‘BUY’ with a target of Rs 165 and a stop loss of Rs 143.

L&T Ltd is a ‘BUY’ call with a target of Rs 870 and a stop loss of Rs 835

ONGC Ltd is a ‘SELL’ call with a target of Rs 270 and a stop loss of Rs 285

The major beneficiary would be those companies which have a pretty strong balance sheet, cash flows is strong and debt levels are low.

Gold is back in the limelight after a stellar couple of months. It has rose from $1000 odd levels in 2009 to above $1900 levels.