MARKET VIEW FOR 29TH APRIL 2011

NIFTY ENDED AT 5785.45 ON THE EXPIRY DAY NEGLECTING THE GLOBAL CUES AND GOOD RESULT FROM ICICI BANK.  NO FRESH SHORTING WAS SEEN AT 5800 SHOWS THAT MARKET MAY NOT FALL MUCH IN THE NEAR TERM. ITS IMPORTANT TO NOTE THAT MARKET IS ALSO PRICING THE POSSIBLE HIKE IN REPO, REVERSE REPO & CRR HIKE TO THE TUNE OF 25bps ON MAY 3RD CREDIT POLICY OF RBI. HENCE THE RANGE OF THE MARKET SHALL BE 5700-5900. NOW AFTER THE POLICY IS OUT, THE MARKET MAY TAKE FRESH DIRECTION PROBABLY TOWARDS 5950 AND HIGHER.

TODAY IF THE MARKET OPEN WEAK , ONE CAN BUY NIFTY OR NIFTY CALL, CE5800, CE5900, WITH THE STOPL LOSS BROADLY OF 5680, FOR MAY SERIES.

NOW ONLY A DECISIVE CLOSING BELOW 5750-5700 WILL DANGER THE UP TREND AND THE BIAS OF THE MARKET WILL CHANGE TO DOWN WARDS, WHICH WILL BE CONFIRMED IF NIFTY CLOSES BELOW 5680. HENCE BROADLY ALL LONGS SHOULD BE MADE OR KEPT WITH A STOP LOSS OF 5680, ON CLOSING BASIS.

IF THE CRUDE PRICES KEEP ON RISING, WITH INFLATION FIGURE REMAINS HIGH AND RBI USES HAWKISH LANGUAGE TO CONTAIN INFLATION AND HIKES THE RATE(S) MORE THAN 25bps,  OR THERE IS ANY POLITICAL INSTABILITY, GEO-POLITICAL UNREST AND CRUDE RISES TO $150, THE MARKET SHALL NOT WITNESS ANY SHARP DOWN FALL.

NOW FOR NEXT 10-15 DAYS ARE VERY CRUCIAL, AS THERE WILL BE RISING VOLATILITY WITH SKEPTICISM OF WHAT LIES AHEAD TO TRIGGER THE MARKET HIGHER. NOW IF THE MARKET FAILS TO MOVE UP AFTER THE RBI CREDIT POLICY ON 3RD MAY, CERTAINLY IT WILL NOT SUSTAIN HERE AND THEN HEAD SOUTH WARDS. HOWEVER THE CHANCES OF GOING DOWN BELOW 5700 ARE DIM OR LESS AND ANTICIPATING THE PEAKING OUT OF INTEREST RATE CYCLE, COOLING DOWN OF INFLATION AND STABLE CRUDE PRICES ALONG WITH GOOD MONSOON EXPECTATION SHALL BOOST THE SENTIMENT AND FIIs BUYING AND INFLOW OF FUNDS WILL CONTINUE.

HENCE THE BEST STRATEGY WILL BE BUYING AT THE LOWER LEVEL (5700-5750-5770-5800) A GOOD IDEA FOR THE SHORT TERM. 

FOLLOWING STOCKS SHOULD BE BOUGHT IN DELIVERY FOR THE NEXT 45-60 DAYS:  

1. TITAN INDUSTRIES(4118): BUY THIS STOCK IN CASH/FUTURE PERIOD OF 60 DAYS FOR A TARGET OF 5000+++. BUY ON EVERY FALL.

2. EXIDE(150.45): BUY THIS STOCK IN DELIVERY FOR THE TARGET OF 180-190++ IN A MONTH OR TWO.

3. TVS MOTOR(59.75): BUY THIS STOCK IN BOTH TRADING & INVESTMENT PORTFOLIO. SHORT TERM TRADING TARGET OF 70 AND LONG TERM TARGET OF 120++++

4. OBEROI  REALITY(261.50): FORGET DLF, FORGET HDIL AND FORGET ALL OTHER REALITY STOCKS, BUY THIS NUMBER ONE REALITY STOCK FOR LONG TERM PORTFOLIO. STRONG BALANCE SHEET, CASH RICH COMPANY MY GROW AT THE RATE OF 40%p.a. BUY FOR THE SHORT TERM TARGET OF 290 AND LONG TERM TARGET OF 500+++. VERY GOOD LONG TERM PLAY. MUST BUY FOR REALITY LOVERS.

Safe Harbor Statement:
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.

MARKET VIEW FOR 28TH APRIL 2011

MARKET REMAINED UNDER PRESSURE FOR THE WHOLE DAY AND SAW NO MEANINGFUL RECOVERY AFTER THE VARIOUS NEWS FLOW AND A DAY BEFORE EXPIRY & FED MEETING.


THERE IS NO FRESH POST EARNING SESSION TRIGGER HENCE THE MARKET MAY REMAIN IN A RANGE 5950-5700. RBI WILL DECLARE ITS CREDIT POLICY ON 3RD MAY AND THERE ARE CHANCES OF HIKE IN REPO & REVERSE REPO RATE BY 25 BASIS POINTS AND ALSO THERE ARE CHANCES THAT CRR MY BE HIKED TO THE TUNE OF 25 BASIS POINTS. REPO RATE AND REVERSE REPO RATE HIKE IS PRICED IN THE MARKET ANY THING MORE THAN THIS AND THE LANGUAGE IN WHICH RBI SPEAKS ABOUT TACKLING THE INFLATION WILL BE MEANINGFUL TO LAY THE FUTURE COURSE OF MARKET. 


ANALYSTS BELIEVE THAT POST POLICY MARKET MAY INCH HIGHER FROM THE RANGE 5950-5700 TO 6040-6100 LEVELS UNTIL THERE IS VERY ADVERSE NEWS FLOW ON DOMESTIC FRONT OR GEO POLITICAL FRONT.


TODAY NIFTY FUTURE (APRIL) MAY SETTLE AROUND 5800 AND THE ROLLOVERS WILL TAKE PLACE AS USUAL. ONE SHOULD BE BUYER IN NIFTY OPTIONS CE5800, CE5900, CE6000 TODAY, WHICH COULD BE SOLD -OFF POST POLICY ON 3RD MAY.

Safe Harbor Statement:
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.

MARKET VIEW FOR 27TH APRIL 2011

AFTER THE BELOW EXPECTATION NUMBERS BY AXIS BANK, INDIAN MARKETS TRADED IN DEEP RED, NIFTY -90 AND SENSEX -250 ALONG WITH THE ASIAN PEERS, HOWEVER THERE WAS SMART RECOVERY IN THE LATER PART OF THE DAY AD MANAGED TO CLOSE A BIT LOWER, NIFTY AT 5868.40(-6.10)  SENSEX AT 19545.35(-38.96). MARKET RECOVER AT THE END SHOWS THAT MARKET IS IN RANGE OF 5700-5900, WHICH WAS SAID EARLIER. BUYING IN MID-CAP SHARES SHOWS THAT MARKET IS UNDERTONE BULLISH. ANALYSTS BELIEVE THAT NIFTY WILL HEAD HIGHER TO 6040-6100 SOON IF NIFTY STAYS ABOVE 5900 FOR FEW SESSIONS NOW. HENCE NIFTY COULD HEAD HIGHER TO 6100-6300 BY MAY JUNE. SELECTIVE BUYING IN MID-CAP SHARES MAY GIVE GOOD RETURNS BY NEXT 45-60 DAYS.

DELIVERY BASED BUYING COULD BE DONE IN THE FOLLOWING COUNTERS FOR 45-60 DAYS HOLDING:

1. WANBURY(34.35): TARGET OF 56-60

2.GATI(70.10): TARGET OF 85+++

3.AARVEE DENIM(64.85) TARGET OF 80++

4.STERLITE IND(183.50) TARGET OF 196-200++ BY NEXT 10-15 DAYS

5.3iINFOTECH(47.40): TARGET OF 52-53++ SOON.

6.AMARA RAJA BATT(194.85): TARGET OF 210-212+++ VERY SOON

7.GILLANDER(109.50): TARGET OF 140-145++

8.INDIA SECURITIES(58.15): TARGET OF 67-70++ VERY SOON.

Safe Harbor Statement:
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.

MARKET VIEW FROM 25TH APRIL TO 29TH APRIL 2011

AFTER THE POOR INFOSYS NUMBERS AND CONCERNS OVER INFLATION AND INTEREST RATE HIKE, MARKET MANAGED TO RECOVER SIGNALLING THAT THERE REMAINS THE BUYING INTEREST ON THE INITIAL OUTLOOK OF NORMAL MONSOON, INTEREST RATE CYCLE PEAKING OUT AND CRUDE WHICH REMAINS AROUND $110. HOWEVER POOR PERFORMANCE BY THE CORPORATES, LIKE INFOSYS AND RELIANCE WILL DEFINITELY HAMPER THE BUYING INTEREST FOR THE TIME BEING. GOING FORWARD NORMAL MONSOON MAY BRING CHEER TO FMCG, BANKS, FARM EQUIPMENTS & CHEMICALS, AUTO ETC. UNDERVALUED STOCKS OF THESE SECTORS WILL SEE FRESH BUYING INTEREST IN DAYS TO COME. ANY CORRECTION SHOULD BE USED TO ENTER IN THESE SECTORS WITH A MINIMUM INVESTMENT VIEW OF 3-4 MONTHS. IN ANOTHER MAJOR DEVELOPMENT SEBI ALLOWED SOVEREIGN WEALTH FUNDS (SWFs) TO ACQUIRE UPTO 20%(EARLIER 10%) STAKE IN THE INDIAN COMPANIES WITHOUT TRIGGERING AN OPEN OFFER.THIS WILL SEE RENEWED BUYING INTEREST IN THE SCRIPT OF THE COMPANIES, IN WHICH SWFs ALREADY HOLD SOME STAKE. THE NEW SEBI NORMS WILL COVER SWFs FROM MALAYASIA & SINGAPORE, WHICH ALREADY HAVE CEC AGREEMENT WITH INDIA. THIS WILL HAVE MAJOR POSITIVE IMPACT ON MARKETS AS THERE WILL BE LONG TERM FUNS INVESTED, UNLIKE FIIs, WHO INVEST IN SHORT TERM FUNDS TOO. LIST OF SRCIPTS WHICH COULD BE BENEFITED BY THIS IS MENTIONED BELOW, SOME OF WHICH HAVE ALREADY SEEN BUYING INTEREST FEW DAYS BACK. 


TECHNICALLY NIFTY HAS MAJOR RESISTANCE AT 5920-5930 AND MAJOR SUPPORT AT 5720-5700.BREAK BELOW 5600 WILL LEAD TO SHARP DECLINE TO 5000 OR BELOW CONFIRMING THE BEAR MARKET(CHANCES OF WHICH ARE NOW MUCH LESS AND REMOTE).ON THE OTHER HAND CONSECUTIVE CLOSE ABOVE 5920 MAY LEAD MARKET TO 5970-6040++ ZONE CONFIRMING THE BULL MARKET. 


MARKET VIEW FOR 25TH APRIL, MONDAY:
DUE TO WEAK RELIANCE NUMBERS, NIFTY MAY OPEN 35-45 POINTS LOWER.RELIANCE COULD OPEN LOWER AT 1015-1010. ON WEAK START WAIT & WATCH AND THEN INITIATE POSITION IN THE COUNTERS SUGGESTED.NO MAJOR WEAKNESS IS EXPECTED BEFORE EXPIRY.


FOLLOWING SCRIPTS TO GAIN FROM GOOD MONSOON:
HUL, ITC, DABUR, GODREJ CONSUMER, MARICO
SBI, DCB, PNB, BOI
M&M, MARUTI, TVS MOTORS, TATAMOTORS
KIRLOSKAR BROS, KSB PUMPS, ESCORTS
TATACHEMICAL, BAYER CORP, UNITED PHOS & RALLIS.




FOLLOWING SCRIPTS COULD SEE RENEWED BUYING INTEREST BY SWFs:
INFOSYS, ICICI BANK, ICSA, HDFCBANK, UNITED PHOS, TATASTEEL, STERLITE TECH, PIRAMAL GLASS, MAX INDIA, PATEL ENGG, TULIP TELECOM, CESC, ETC. THERE ARE MUCH MORE NAMES IN THE LIST.SOME OF THESE SCRIPTS WERE RECOMMENDED SEVERAL TIMES IN PAST.


IPO NEWS: SEBI HAS GIVEN GREEN SIGNAL TO KOCHI BASED JEWELLERY COMPANY, JAYLUKHHNS FOR ITS IPO OF 1.8 CRORE SHARES WORTH Rs.600 CRORE BY NEXT TWO MONTHS.
THOSE INTERESTED IN IPOs MUST LOOK THIS SCRIPT. FINAL DECISION OF GOING WITH THE IPO SHOULD BE TAKEN AFTER THE PRICE BAND IS DECLARED


TRADING CALLS (BOTH CASH & F&O) FOR 3/5 SESSIONS:(Note that due to F&O settlement this week,there could be much volatility and moves to adjust the stock positions):


1.SKUMAR(Fut:68.95): Must buy May Futures. Targets 71-73-78++ No Stop loss.


2.GSPL(Fut:103.40): Buy at cmp or on dips near 101 with stop loss of 99.50


3.Century Text (Fut:374.80): Buy at cmp or on dips near 368 with stop loss of 360 for the target of 390-425++ very soon. Any positive news flow may come.


4.HUL(Fut:288.15):Buy at cmp or on dips near 280 with stop loss of 270 for the target of 400-425++ very soon.


5.Bajaj Hind(Fut:82.95):Buy at cmp or on dips near 80 with stop loss below 78 for the target of 85-88-92++ very soon.


6.Renuka(Fut:75.70):Buy May Fut at cmp or on dips near 70-71 with stop loss of 68 for the target of 78-82-86-93-98+++ by May end or in June.Any positive news flow may come.So keep on holding either in cash or in Future.




FOLLOWING DELIVERY MUST BE TAKEN FOR 30-45 DAYS PERSPECTIVE:


1.ALOK INDUSTRIES(27.10):There will be some positive news flow in this stock.Buy for the rise till 31-33+++ in the short term. Medium to long term target 50-60-80++++.


2.DCB(60.85): Buy/Accumulate this stock for Short, Medium & Long term investment.Tgt 70, 120 & 300++. A big trader/investor has bought in this counter for long term. A very good inside story in this counter.


3.PIPAVAV SHIPYARD(86.70):There is a buzz of stake sale, which may take place at 20% premium to the cmp. Buy with 2 months holding view.


4.AARVEE DENIM(65.85):Buy in delivery for holding 60-70 days with a target price of 85-90++++. Must buy +++++vely.


5.TIMKEN(214.85):Stock may soon touch 250++. Hold for 3-4 months for de-listing price of 320/share. A very good buying.


6.CANFIN HOMES(126.05): Stock will soon touch 150+++ mark. Some positive news flow will take stock to 200++ very soon. Hold with a view for 3-4 months.


7.CAMLIN FINECHEM(78.95): Stock could reach 101++ on some news flow. Buy for 3 months.


8.PIARAMAL GLASS:(129.00): As recommended several times in past (from 94-96),the stock may touch 150-55++ soon on renewed buying interest by FIIs and SWFs. Must buy on every dip and fall.Very positive future and growth seen going forward. Don't mis this stock in your long term to medium term portfolio.


9.STERLITE TECH(68.10):As recommended several times in past (from 44-46),the stock may touch 90-115++ soon on renewed buying interest by FIIs and SWFs. Must buy on every dip and fall.Very positive future and growth seen going forward. Don't mis this stock in your long term to medium term portfolio.


10.B.F UTILITIES(869.15): Buy this stock in delivery for short term. Stock can move to 945+++


11.SONATA SOFT(45.45): Buy this stock in delivery for medium term target of 65+++


12.NAVNEET PUBLICATION(65.90): Buy this stock n delivery for medium term target of 80+++


13.WENDT INDIA(1295.00):Delisting and exit offer is on cards.This may push stock to much higher levels. Stock has risen from 1000 levels from March. 1600-1800++ could be the offer price. Buy with 3-4 months perspective. 

Safe Harbor Statement:
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.

MARKET VIEW FOR 21st ARPIL 2011

AFTER BEING IN THE RANGE WITH POSITIVE BIAS MARKET REMAINED IN A RANGE TILL NOON THEN AFTER THE NEWS FLOW OF REJECTION OF BAIL PLEA OF TOP OFFICIALS OF RCOM, DB REALITY & UNITECH, SAID TO BE INVOLVED IN 2G SCAM. MARKET WAS NERVOUS AND  BLIPPED TO 5755 AND THEN THERE WAS SHARP UP MOVE TOWARDS THE CLOSE OF THE TRADE. FINALLY NIFTY ENDED AT 5851.65 (UP 110.90) & SENSEX CLOSED AT 19470.98 (UP 349.15) ON THE BACKUP OF STRONG GLOBAL CUES. MID-CAP AND SMALL CAP STOCKS ALSO PERFORMED POSITIVELY.

AS SAID EARLIER THE RANGE FOR THE NIFTY REMAINS TO BE 5950-5980 ON THE HIGHER SIDE AND 5680-5700 ON THE LOWER SIDE, MARKET RECOVERED AND ADVANCED 150 POINTS FROM THE TWO DAYS BACK LOW OF AROUND 5700. ANALYST BELIEVE THAT EVEN IF THE NIFTY REMAINS IN A RANGE STOCK SPECIFIC MOVES WILL CONTINUE AND THE COMPANIES, WHICH PERFORM IN EARNINGS AS PER EXPECTATIONS WILL BE REWARDED OR PUNISHED ACCORDINGLY. TCS AND RELIANCE RESULT WILL ALSO GUIDE THE MARKET BROADLY. HENCE THE RESULT SEASON SENTIMENT DOMINATES THE MARKET APART FROM OTHER IMPORTANT CUES.

FOLLOWING STOCKS ARE LOOKING GOOD TECHNICALLY FOR TRADING/DELIVERY 3-5 DAYS( NOTE: STOP LOSS ON CLOSING BASIS)

1.PNB(1204.75): STOP LOSS BELOW 1185 TARGET 1255/1265

2.BIOCON(372.40): STOP LOSS BELOW 362 TARGET 390++

3.PANTALOON RETAIL(273.40) STOP LOSS BELOW 263 TARGET 285-288++

4.SBI(2795.05): STOP LOSS BELOW 2770 TARGET 2850-2885++++

5. RAJESH EXPORTS(99.70): STOP LOSS BELOW 96 TARGET 115-132

6.TATA COFFEE(941.55): BUY ON EVERY FALL TILL 910 STOP LOSS BELOW 885 TARGET 1025-1045+++

7.  RANBAXY(465.25):  STOP LOSS   BELOW 450 TARGET 480-490+++

FOLLOWING STOCKS ARE GOOD TO BUY IN DELIVERY AS THEY ARE NEWS BASED:

1. PIRAMAL GLASS(127.20): MAY SOON TOUCH 150++++ ON SOME BIG FUND HOUSE BUYING. BUY ON EVERY DECLINES & HOLD.

2. MIRC ELECTRONICS(25.85): MAY TOUCH 33++++. GOOD DELIVERY PICK FOR A MONTH.

3.TIMKEN(213.55): VERY GOOD BUYING FOR 3-4 MONTHS. MEETING FOR DE-LISTING ON 22ND APRIL @320/SHARE. STOCK WILL SOON TOUCH 250++++

4. STERLITE TECH(67.75): VERY BULLISH. BUY IN DELIVERY FOR SHORT TERM TARGET OF 85++++

5. ALOK IND(25.75): BUY THIS FOR SHORT, MEDIUM AND LONG TERM DELIVERY. STOCK WILL TOUCH 32+++(IN A MONTH), 60++(BY NEXT 6 MONTHS) & 150+++ BY NEXT 18-24 MONTHS. MAY BE A MULTI BAGGER STORY.

6. SKUMARS(65.35): BUY THIS FOR SHORT, MEDIUM AND LONG TERM DELIVERY. STOCK WILL TOUCH 80+++(IN A MONTH), 120++(BY NEXT 6 MONTHS) & 250+++ BY NEXT 18-24 MONTHS. MAY BE A MULTI BAGGER STORY.

7.CAMLIN(76.60): VERY GOOD BUY FOR 3-4 MONTHS. MAY TOUCH 105++++, MAY BE EARLIER!!!!!!!!!!!!!

8.CANFIN HOME(126.40): BUY FOR 3-4 MONTHS. MAY TOUCH 180-220+++, MAY BE EARLIER!!!!!!!!!!!. SOME POSITIVE NEWS FLOW TO COME

Safe Harbor Statement:
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.

MARKET VIEW FOR 19TH APRIL 2011

AFTER THE INFOSYS RESULT AND ANALYST DOWNGRADES, FEAR OF MANAGEMENT CONFLICT IN INFOSYS, RISING CRUDE PRICES AND ESTIMATES OF RISING INFLATION AND POOR CORPORATE PERFORMANCE(AFTER INFY RESULT), FIIs/HEDGE FUND STARTED SELLING AFTER A STRONG BEGINNING, MARKET LOST THE CONFIDENCE AND THERE STARTED A SELLING FOR PROFIT BOOKING AND SHORTING, BRINGING NIFTY TO 5729.10( DOWN 95.45) & SENSEX TO 19091.17(DOWN 295.65). HEAVY WEIGHTS LIKE INFOSYS, ITC, BHEL, HDFCBANK, SBI & ICICIBANK WERE DOWN 1%-2%. SENTIMENT WAS MURKY AND ALL I.T. SHARES WERE DOWN.


ANALYSTS BELIEVE THAT MARKET HAS FAILED TO SUSTAIN AND BREAK THE RESISTANCE ZONE 5950-5980 IN THIRD ATTEMPT SHOWS THAT IT HAS TOPPED UP AND THERE COULD BE SHARP CORRECTION IF 5700-5680 FAILS TO HOLD. HENCE ALL LONGS SHOULD BE CLOSED IF NIFTY BREAKS BELOW 5700-5680, AS THERE COULD BE SHARP KNOCK TO 5600-5550-5450 FROM WHERE THE UP SWING HAS STARTED IN MARCH.


ALSO THE BROAD RANGE AS MENTIONED 5900-5700, IF BROKEN THE MARKET WILL SEE SOME SHARP MOVES IN DAYS TO COME. HENCE ITS BETTER TO WAIT AND WATCH FOR NEXT 4-5 DAYS.IF 5700-5680 IS BROKEN ONE SHOULD EXIT FROM ALL LONG POSITIONS AND SIT ON CASH, AS THERE WILL BE STEEP CORRECTION TO 5550 LEVELS AND NIFTY MAY TAKE MORE DOWNSIDE IF THE MACRO-ECONOMIC FACTORS, GLOBAL SENTIMENT DOESN'T IMPROVES. 


CRUDE OIL PRICES, POLICY ACTION BY RBI, INFLATION FIGURES,DATA FROM U.S AND EUROPE WILL MARK THE NEXT MOVE IN INDIAN MARKET.


JUST WAIT & WATCH 5700-5680


THOSE HOLDING DELIVERY FOR MEDIUM TERM MAY HOLD WITH STOP LOSS OF 5680.

Safe Harbor Statement:
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.

MARKET VIEW FOR THE WEEK 18TH APRIL 2011 TO 22ND APRIL 2011

Note: Attention all members and visitors:

Kindly keep checking the blog after 12 PM daily as there will be stock ideas and updates after 11.00am to get the HOT PICK

SENSEX ENDED AT 19386.82 & NIFTY AT 5824.55 AFTER THE RESULTS OF INFOSYS. AS THE MARKET IS IN INTERMEDIATE UP TREND FALL FROM 11TH APRIL IS CORRECTION TO THE TREND.NOW THE RANGE IS 5700 TO 5900.MARKET WILL BE STRONG ABOVE 5900 BUT WEAK BELOW 5700. HENCE THE MARKET WILL BE IN A RANGE WITH SIDE WAYS MOVEMENT AND WHEN THE SUBSTANTIAL PART OF EARNING SEASON IS OVER, MARKET WILL TAKE FRESH DIRECTION FROM OTHER CUES LIKE INFLATION, INTEREST RATE ETC., RBI MEET ON 3RD MAY, CRUDE PRICES AND GEO POLITICAL SITUATION WILL ALSO AFFECT THE MARKET SENTIMENT AND MOOD FROM TIME TO TIME.

HOWEVER IT IS IMPORTANT TO KEEP IN MIND THAT THERE PERSISTS A SKEPTICISM ABOUT THE CONCERNS ON INTERST RATE AND CRUDE PRICES AND ITS IMPACT ON THE INDIAN ECONOMY IN THE INTERMEDIATE TERM. IN A VERY SHORT TERM LIQUIDITY MAY DRIVE THE MARKET AND CHASE THE STOCK PRICES UP, BUT GLOBAL RISK AVERSION, CONCERNS IN AMERICAN ECONOMY SHALL KEEP THE MARKETS ALWAYS IN WORRIES. THIS WEEK IMPORTANT GLOBAL EVENTS TO WATCH ARE U.S ECONOMIC DATA LIKE: MARCH HOME SALES DATA, MARCH RETAIL SALES DATA, JOBLESS CLAIM DATA & BoE POLICY MEET. DOMESTICALLY RELIANCE INDUSTRIES AND OTHER CORPORATE RESULTS SHALL BE THE FOCUS OF THE WEEK. 

MERGERS & ACQUISITIONS HAVE MARKED THE MARKET WITH WHAT PROSPECTIVE GROWTH AND POTENTIALS OF LONG TERM STORY  IN INDIA STORES. HENCE AN INFORMED INVESTOR WILL HAVE GOLDEN OPPORTUNITY TO TAP THE TREMENDOUS GROWTH IN INDIAN STOCK MARKET. 

RELIANCE RESULTS WILL BE GOOD AS GRMs SEEN STRONG BUT THE SHARE PRICE MAY NOT OUT PERFORM DUE TO SOME OTHER REASONS. FMCG IS LOOKING GOOD FOR THE SHORT TERM AND PHARMA SHOULD BE AVOIDED AS THERE MAY BE SOME CORRECTION IN THIS SECTOR. HOWEVER SOME PHARMA STOCKS WILL BE A GOOD PICK FOR LONG & MEDIUM TERM INVESTMENT.

FOLLOWING STOCKS ARE RECOMMENDED FOR TRADING & INVESTING FOR MEDIUM TERM(3-4 MONTHS):

1.BHUSHAN STEEL(517.55): BUY THIS STOCKS AT CMP OR AT DECLINE FOR A TARGET OF 540-550++++

2. INDUSIND BANK(279.70):BUY THIS STOCKS AT CMP OR AT DECLINE FOR A TARGET OF 300-310+++

3. DCB(58.85):BUY THIS STOCKS AT CMP OR AT DECLINE FOR A TARGET OF 75+++ ( A VERY BIG INVESTOR HAS STARTED BUYING IN THIS COUNTER. A GOOD BET FOR LONG TERM)

4.HATHWAY CABLE(119.35):BUY THIS STOCKS AT CMP OR AT DECLINE FOR A TARGET OF 140-150+++(SOME GOOD NEWS FLOW)

5.TIMKEN INDIA(206.50): THERE IS A DELISTING MEET ON 22ND APRIL @320/SHARE. THE STOCK MAY RISE TO 250 IN SHORT TERM. DELISTING MAY TAKE TIME OF 3-4 MONTHS.

6. CAMLIN(75.80): STOCK HAS A BUZZ OF PROMOTER SELLING STAKE IN THE COMPANY @101/SHARE FOR EXPANSION. THIS MAY MORE TRIGGER TO THE STOCK IN DAYS TO COME. ( WE HAVE RECOMMENDED THIS STOCK @54-52 A MONTH EARLIER.

7.PETRONET(133.80):BUY THIS STOCKS AT CMP OR AT DECLINE FOR A TARGET OF 140-145++++ VERY SOON.

8.IFB AGRO(80.60):BUY THIS STOCKS AT CMP OR AT DECLINE FOR A TARGET OF 90++

9. KSB PUMPS(560.70):BUY THIS STOCKS AT CMP OR AT DECLINE FOR A TARGET OF 580-600

10. STERLITE TECH(67.75):BUY THIS STOCKS AT CMP OR AT DECLINE FOR A TARGET OF 80+++ VERY SOON. WE HAVE EARLIER RECOMMENDED IT AT 45-48.

11. JP ASSOCIATE(99.50): BUY THIS STOCKS AT CMP OR AT DECLINE FOR A TARGET OF 110-115++++

12. D-LINK(36.35):BUY THIS STOCKS AT CMP OR AT DECLINE FOR A TARGET OF 50++++. SMART LINK WILL BUY SOME D-LINK PROMOTER'S STAKE AT Rs50/ SHARE.

13. ITC(191.40): BUY THIS STOCKS AT CMP OR AT DECLINE FOR A TARGET OF 200-210+++ VERY SOON. SPECULATORS MAY BUY MAY SERIES CE190 & CE200.

14.TORRENT PHARMA(587.40):BUY THIS STOCKS AT CMP OR AT DECLINE FOR A INVESTMENT TARGET OF 650-700-750-1000+++. A VERY GOOD PICK IN PHARMA SPACE. RECOMMENDING EVEN AFTER PHARMA SECTOR LOOKS WEAK AHEAD. BUT THIS STOCK IS WORTH BUYING FOR INVESTMENT PURPOSE, WHICH MAY PROVE MULTI-BAGGER.

Safe Harbor Statement:
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.

MARKET VIEW FOR THE WEEK 11TH APRIL 2011 TO 15TH APRIL 2011

MARKET CORRECTED ON FRIDAY CLOSING NIFTY TO 5842 & SENSEX TO 19451.45 DUE TO CRUDE OIL SUSTAINING THE $125. ANALYSTS BELIEVE THAT CRUDE SUSTAINING AT THESE LEVELS FOR QUITE SOME TIME MAY BRING THE MARKET DOWN TO 5400-5500.


HOWEVER THE CURRENT FALL IS ON EXPECTED LINES AND COULD SEE NIFTY TOUCHING TO 5780-5750 AS MENTIONED SOME DAYS BACK. NOW ITS IMPORTANT TO SEE THAT WHETHER THE MARKET RISES BACK AFTER NORMAL CORRECTION, FROM 5750 LEVELS OR STARTS TAKING MORE DEEPER CUT TO 5550-5600. 


FOR THOSE WHO HAVE CASH IN HAND SHALL WAIT FOR 5750-5780 AND START BUYING/INVESTING FROM THESE LEVELS.


FOLLOWING SHARES ARE GOOD TO BUY FOR DELIVERY IN THE SHORT TERM:


1. Suraj Diamond


2. SKumar


3. Tinplate


4. Kajaria


5. Fedders LLyod


6.Orchid 


7. MLL


8. Canfin Home

Safe Harbor Statement:
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.

MARKET VIEW FOR 8TH APRIL 2011

Note: Attention all members and visitors:
Kindly keep checking the blog after 12 PM daily as there will be stock ideas and updates after 11.00am to get the HOT PICK


MARKET REMAINED IN A NARROW RANGE OF CONSOLIDATION FOR THE 3RD DAY. NIFTY ENDED DOWN AT 5885.70 AND SENSEX AT 19591.18. THIS CONSOLIDATION MIGHT CONTINUE FOR NEXT 5-8 TRADING SESSIONS AND THERE AFTER WHEN THE Q4 NUMBERS START DROPPING IN THEN THE MARKET WILL TAKE FRESH CUES & DIRECTION. THE RANGE FOR THE CONSOLIDATION SHALL BE 5750-5950.


CATCHUP RALLY IN THE BROADER MARKET SHALL HEAD THE MARKET TO 6200-6300 LEVELS AND THEN AFTER 4-5 MONTHS MARKETS SHALL GO BEYOND 6300.HOWEVER THIS IS PREEMPTIVE RALLY. MARKET IS ANTICIPATING THAT CRUDE OIL PRICES WILL CORRECT AND INFLATION WILL COME DOWN. HENCE ITS A PREEMPTIVE CALL THAT CRUDE OIL & OTHER COMMODITY PRICES WILL NOT SURVIVE AT THESE LEVELS AND SPECULATIVE MOVES SHALL NOT SURVIVE FOR LONG TIME, THERE WILL BE PULL BACK. INFLATION IS CONSIDERED TO BE PEAKED OUT AND THERE WILL BE SLOW DOWN IN THE RATE BY NEXT 5-6 MONTHS. AS THE STOCK MARKET ANTICIPATES THE 6 MONTHS EVENTS/MOVES THERE IS STRONG MOMENTUM BEING BUILT MAKING THE SENTIMENT UNDERTONE BULLISH. ITS CLEARLY VISIBLE THAT SMALL-CAP & MID-CAP INDEX IS OUT PERFORMING THE LARGE CAP INDEX & STOCKS, SHOWING THE PREPARATION FOR A BLOW-OFF RALLY IN DAYS TO COME IN LARGE CAPS. NIFTY MAY HIT 6200-6300 ON ANY GOOD NEWS IN Q4 EARNING NUMBERS AND OIL COOLING DOWN.


ITS GOOD TIME TO MAKE MID-CAP PORTFOLIO TO GET THE OUT PERFORMANCE AS THE LARGE CAP ARE IN CONSOLIDATION MODE. HENCE ANY CORRECTION TO 5700-5650 SHOULD BE USED TO BUY MID-CAP STOCKS. I.T AND BANKING SECTOR SHOULD BE AVOIDED FOR FRESH ALLOCATION IN LARGE CAP AS THERE IS ALREADY FAIR VALUATIONS IN THESE STOCKS LIKE SBI, ICICIBANK, HDFCBANK, LIC HOUSING FIN, ETC..


ARGUMENTS IN FAVOR OF MARKET MOMENTUM:


1. FIIs are the net buyers in cash market for last 3-4 trading sessions continuously.


2. Strong market breadth, shows wider market participation.


3. Low global Volatility showing returning confidence in equity and settlement of geo-political crisis.


ARGUMENTS AGAINST THE MARKET MOMENTUM:


1.Stock Futures have seen start of adding open interest (OI), which is dangerous for the markets as the series will become heavy and could trigger correction any time, giving away the momentum in the stocks and index.


2. High commodity prices may hurt the sentiment once again if they continue to sustain for longer period than expected. Any bad Global news, geo-political unrest might cause more hike in crude oil prices which may leave the FIIs to re-assess the situation on Indian front.


3. DIIs remain the Net sellers is also a cause of worry. There could be some correction trigger, may be domestic or global, which might pull back the index to 5600 levels, giving an opportunity for re-entry for those who were left overs.




TODAY CAUTION SHOULD BE TAKEN FOR INTRA-DAY TRADES AS AT THE END OF THE WEEK THERE COULD BE SELLING PRESSURE WHICH MIGHT LEAD NIFTY TO 5800 LEVELS. HOWEVER IF NIFTY SUSTAINS THE 5900 LEVEL AT THE END OF THE DAY, THERE MAY BE SOME INDEX RALLY TO 5950-5980 LEVELS ANY TIME DURING THE NEXT WEEK.


SHIPYARD AND FERTILIZER STOCKS LOOK GOOD TO ACCUMULATE. FOLLOWING STOCKS ARE WORTH LOOKING FOR DELIVERY BUY FOR NEXT 30-60 DAYS.


1. ABG SHIPYARD(400.10): STOCK MAY HIT 430-480 LEVELS.


2. BHARTI(357.00): STOCK MAY HIT 380-410 LEVELS SOON.


3. ZUARI IND(671.95): STOCK MAY HIT 720-780.


4. IVRCL (94.50): STOCK MAY HIT 105-110++ LEVELS SOON.

Safe Harbor Statement:
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.

MARKET VIEW FOR 7TH APRIL 2011

MARKET REMAINED IN A RANGE BOUND MOVEMENT, A CONSOLIDATION MODE. NIFTY CLOSED AT 5891 & SENSEX AT 19612.
NOW A BILLION DOLLAR QUESTION IS- WHETHER THE MARKET HAVE STARTED CONSOLIDATION OR CORRECTION? 


ARGUMENTS IN FAVOR OF THE MARKET MOMENTUM:
1.There is a strong market breadth, which means that the current rally is not a narrow and now it is in consolidation mode after a strong run for past 9-10 trading sessions.


2.FIIs are net buyers and they are consistently buying in cash markets. This shows that the India is getting allocation from foreign funds on the basis of fundamentals and there remains very low risk of bad news.


3.Brokerages have started upgrading the companies, reflects the confidence that in the near term markets will rise, hence the current fall is consolidation, which may not be a deep correction.


ARGUMENTS AGAINST THE MARKET MOMENTUM:


1.Stock Futures have jumped, showing that there is selling in the cash market in Nifty Stocks, which may spoil the party if it continues.Mid-Cap & Small-Cap have started rising,after a very narrow rise in frontlines Large-Cap stocks, this is not a healthy sign for strong move in near term.


2.Large Cap stocks are falling, or they are not advancing, showing that the market(Nifty) has reached the near term top (5900-5950) and there could be a correction trigger, ahead of Q4 results, if the result estimates are not as per the current market prices, justifying them.


3. Fuel Prices may rise as the crude is reaching the 2 years top. This may fuel the cost push inflation, which the markets will price in with sharp correction.


NOW TO GET THE NERVE, ONE SHOULD LOOK-IN FOR 1-2 WEEKS FROM NOW. NIFTY IS NOT EXPECTED TO TAKE A SHARP CORRECTION IN NEAR TERM, BELOW 5600. HENCE THE NEW RANGE REMAINS 5600-6000. BOOK PROFITS IN FRONTLINE AND MID-CAP HOLDING, AROUND 5900-5950, WHICH ARE GIVING PROFIT AND WAIT FOR THE NEXT TRIGGER ESPECIALLY THE Q4 RESULTS.
ANY DIP TO 5800-5750 SHOULD BE USED TO BUY QUALITY STOCKS , BOTH IN FRONTLINE AND MID-CAP SPACE. IF THE FALL CONTINUES BELOW 5750 TO 5700-5650 THEN THE CURRENT PAUSE WILL BE TERMED AS CORRECTION AND SHOULD BE USED TO ENTER THE SELECT LARGE CAPS, LIKE RELIANCE, SBI, ICICI, ONGC, INFOSYS, ETC


WHATEVER THE STOCKS HAVE BEEN MENTIONED IN THE PAST FEW DAYS ARE THE RECOMMENDATION FOR THE REMAINING WEEK. BUY ON FALL AND SELL ON RISE IN THE RECOMMENDED COUNTERS.

Safe Harbor Statement:
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.

MARKET VIEW FOR 6TH APRIL 2011

MARKET WITNESSED PROFIT BOOKING ON INTRA-DAY BASIS AND RECOVERED AT THE END OF THE DAY. NIFTY MANAGED TO CLOSE ABOVE 5900 SHOWS THAT MARKET IS UNDERTONE BULLISH, DUE TO LIQUIDITY FLOW-IN.


MIDCAP SPACE SAW LOT OF ACTION AND THERE REMAINS MORE UPSIDE POTENTIALS TILL IN INDEX TILL 6000-6040. ANY DIP SHOULD BE USED TO BUY THE SELECT STOCK IN FRONTLINE & MID-CAP.
 FOLLOWING STOCKS LOOKS GOOD TO TRADE(DELIVERY/INTRA-DAY):


1.PHOENIX MILLS(191.55): BUY IN DELIVERY FOR A VERY SHORT TERM TARGET OF 215++


2. CIPLA(321.20): BUY IN DELIVERY FOR A VERY SHORT TERM TARGET OF 360++


3. MARUTI(1310.85): BUY IN DELIVERY FOR A VERY SHORT TERM TARGET OF 1400-1430


4. V-GAURD IND(180.10): BUY IN DELIVERY FOR A VERY SHORT TERM TARGET OF 200-210++


5. WIMPLAST(187.00): BUY IN DELIVERY FOR A SHORT TERM(40-45 DAYS) TARGET OF 210-220+++


6.THERMAX(665.00): BUY IN DELIVERY FOR A VERY SHORT TERM TARGET OF 700-720+++


FOLLOWING STOCKS ARE REPEATED TO BUY FOR DELIVERY:


1.ORCHID:    TARGET 330-340++++
2.SURAJ DIAMOND: TARGET 66-75-80+++
3.CANFIN HOME: TARGET 120-128-135++++
4.CHAMBAL FERT TARGET 86-88-90++++
5.FEDDERS LLYOD TARGET 90-98-102+++

Safe Harbor Statement:
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.

MARKET VIEW FOR 5TH APRIL 2011

AFTER THE SETTLEMENT ABOVE 5800 NIFTY MANAGED TO SUSTAIN ABOVE 5800 FOR CONSEQUENTLY  TWO TRADING SESSIONS EVEN CLOSED ABOVE 4900 SHOWS THAT THE TRANSITION OF THE MARKET TO BULL PHASE HENCE ANY DIP TO 5700-5600 LEVELS SHALL BE USED TO ENTER THE FRONT LINE STOCKS AND MID-CAP STOCKS WHICH MAY GIVE MUCH VALUE IN 2-3 MONTHS.


 FOLLOWING STOCKS ARE GOOD TO BUY IN DELIVERY FOR SHORT TO MEDIUM TERM:(HOLD OR BUY EVEN BELOW STOP LOSS)


1.NMDC(299.00):BUY THIS STOCK WITH SL OF 290 TARGET 305-310-318


2.ORCHID(320.90):BUY THIS STOCK WITH SL OF 308 TARGET 325-340


3.MLL(42.85):BUY THIS STOCK WITH SL OF 40 TARGET 45-48


4. TINPLATE(72.50):BUY THIS STOCK WITH SL OF 68 TARGET 78-85-90++


5.KAJARIA (77.95): BUY THIS STOCK WITH SL 73 OF TARGET 85-90.


6. SURAJ DIAMOND(56.15):BUY THIS STOCK WITH SL OF 50 TARGET 68-75-80++ (2 MONTHS BUY.WAIT FOR STOCK/SECTOR RE-RATING)


7.HIND RECTIFIER(47.50):BUY THIS STOCK WITH SL OF 42 TARGET 52-56-65


8. FEDDERS LLYOD(87.00):BUY THIS STOCK WITH SL 80 OF TARGET 96-105+++


9.HEXAWARE TECH(69.90):BUY THIS STOCK WITH SL 65 OF TARGET 78-85


10.CHAMBAL FERT(83.35): BUY THIS STOCK WITH SL 80 OF TARGET 88-90 VERY POSITIVE++++++[ONE CAN EVEN BUY FUTURE]


11.KFA(44.25):BUY THIS STOCK WITH SL OF  41 TARGET 48-52+++++[ONE CAN EVEN BUY FUTURE]


12.SKUMAR(62.00):BUY THIS STOCK WITH SL OF 56 TARGET 68-72+++++[ONE CAN EVEN BUY FUTURE]

Safe Harbor Statement:
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.