INDIAN MARKETS SUSTAINED THEIR UP MOVE FOR CONSECUTIVELY THIRD TRADING SESSION SUPPORTED BY RALLY IN FINANCIAL, METAL, INFRASTRUCTURE, TECHNOLOGY, AND SELECT AUTO AND REALITY COMPANIES. NIFTY MANAGED TO CLOSE ABOVE 5500.NEW LISTING- LOVABLE
LINGERIE OPENED STRONG AND ENDED UP
21.73% OVER THE ISSUE PRICE AT
249.55.NIFTY GAINED 42.15 POINTS TO
CLOSE AT 5522.40 AND SENSEX UP 144.58
POINTS CLOSED AT 18350.74
ANALYSTS BELIEVE THAT THE BIAS OF THE MARKET IS TOWARDS THE POSITIVE SIDE AND ALL NEGATIVES HAVE BEEN PRICED IN THE MARKETS AND CRUDE OIL PRICES AND COMMODITY PRICES WILL LEAD THE INFLATION AND CAUSE OF WORRY.EVEN NOW WHEN THE CRUDE OIL PRICE IS AROUND U.S $105-106 INDIAN MARKETS ARE NOT PERFORMING BADLY AS INDIAN MARKETS HAVE ALREADY UNDERPERFORMED BOTH EMERGING AS WELL AS DEVELOPED MARKETS OVER LAST FEW MONTHS AND FUNDAMENTALS OF THE ECONOMY HAVE NOT CHANGED SIGNIFICANTLY AND EXPECT THE GROWTH OF 15%-18% AND VALUATIONS AT 15 TIMES LOOKS REASONABLE. NOW IF CRUDE REACHES TO
140-150 ZONE MARKETS MAY TAKE TOLL
AND THERE COULD BE TESTING OF THE
LOWER EBB OF THE RANGE 5200-5100 OR
EVEN BELOW. HOWEVER THE LONG TERM
STORY REMAINS THE SAME.
AS THE NEXT WEEK IS SETTLEMENT WEEK.
WE ADVISE TO STAY AWAY FROM LARGE
LONG OR SHORT POSITIONS.
FOLLOWING STOCKS LOOKS GOOD TO
TRADE & INVEST FOR SHORT TERM
DELIVERY:
1. AURO PHARMA(199.85): STOCK HAS
CERTAIN GOOD NEWS, WHICH MAY GIVE
THE STOCK BOOST IN THE SHORT RUN.
BUY FOR THE TARGET OF 215-225+++
2. ASHOK LEYLAND(56.25): STOCK HAS
GIVEN A BREAK OUT FOR THE TARGET OF
59 KEEPING THE STOP LOSS OF 54
3. CASTROL(444.95): STOCK WAS UP 5.84%
AND MAY GO HIGHER TILL 460-480+++
4. GVK POWER(25.05), HCC(36.45) &
LANCO(38.00) ARE THE GOOD VALUE BUY
FOR THOSE WHO WANT TO INVEST FOR 2-
3 YEARS. THESE STOCKS ARE AROUND THE
LOWEST PRICES. BUY THERE INFRA STOCKS
FOR YOU LONG TERM PORTFOLIO.
5.CROMPTON GREAVES(265.20): BUY THE
STOCK FOR THE TARGET OF 290+++ WITH A
STOP LOSS OF 260 IN A SHORT RUN.
Safe Harbor
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.
Disclaimer:
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.
LINGERIE OPENED STRONG AND ENDED UP
21.73% OVER THE ISSUE PRICE AT
249.55.NIFTY GAINED 42.15 POINTS TO
CLOSE AT 5522.40 AND SENSEX UP 144.58
POINTS CLOSED AT 18350.74
ANALYSTS BELIEVE THAT THE BIAS OF THE MARKET IS TOWARDS THE POSITIVE SIDE AND ALL NEGATIVES HAVE BEEN PRICED IN THE MARKETS AND CRUDE OIL PRICES AND COMMODITY PRICES WILL LEAD THE INFLATION AND CAUSE OF WORRY.EVEN NOW WHEN THE CRUDE OIL PRICE IS AROUND U.S $105-106 INDIAN MARKETS ARE NOT PERFORMING BADLY AS INDIAN MARKETS HAVE ALREADY UNDERPERFORMED BOTH EMERGING AS WELL AS DEVELOPED MARKETS OVER LAST FEW MONTHS AND FUNDAMENTALS OF THE ECONOMY HAVE NOT CHANGED SIGNIFICANTLY AND EXPECT THE GROWTH OF 15%-18% AND VALUATIONS AT 15 TIMES LOOKS REASONABLE. NOW IF CRUDE REACHES TO
140-150 ZONE MARKETS MAY TAKE TOLL
AND THERE COULD BE TESTING OF THE
LOWER EBB OF THE RANGE 5200-5100 OR
EVEN BELOW. HOWEVER THE LONG TERM
STORY REMAINS THE SAME.
AS THE NEXT WEEK IS SETTLEMENT WEEK.
WE ADVISE TO STAY AWAY FROM LARGE
LONG OR SHORT POSITIONS.
FOLLOWING STOCKS LOOKS GOOD TO
TRADE & INVEST FOR SHORT TERM
DELIVERY:
1. AURO PHARMA(199.85): STOCK HAS
CERTAIN GOOD NEWS, WHICH MAY GIVE
THE STOCK BOOST IN THE SHORT RUN.
BUY FOR THE TARGET OF 215-225+++
2. ASHOK LEYLAND(56.25): STOCK HAS
GIVEN A BREAK OUT FOR THE TARGET OF
59 KEEPING THE STOP LOSS OF 54
3. CASTROL(444.95): STOCK WAS UP 5.84%
AND MAY GO HIGHER TILL 460-480+++
4. GVK POWER(25.05), HCC(36.45) &
LANCO(38.00) ARE THE GOOD VALUE BUY
FOR THOSE WHO WANT TO INVEST FOR 2-
3 YEARS. THESE STOCKS ARE AROUND THE
LOWEST PRICES. BUY THERE INFRA STOCKS
FOR YOU LONG TERM PORTFOLIO.
5.CROMPTON GREAVES(265.20): BUY THE
STOCK FOR THE TARGET OF 290+++ WITH A
STOP LOSS OF 260 IN A SHORT RUN.
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.
Disclaimer:
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.