INDIAN STOCK MARKET,NEGLECTING THE GLOBAL CUES ARE CAUTIOUS AHEAD OF RBI MEET ON 3RD MAY FOR CREDIT POLICY REVIEW.IT IS EXPECTED THAT SOME MAJOR STRUCTURAL CHANGE IN INTEREST RATE DE-REGULATION MAY BE ANNOUNCED ALONG WITH THE HIKE IN REPO,REVERSE REPO & CRR BY 25bps IN EACH.ANY THING MORE THAT IS NOT PRICED IN THE MARKET, MAY TAKE NEGATIVELY.HENCE MARKET IS CAUTIOUSLY WAITING FOR THE SAME.BEING NERVOUS MARKET MAY ATTEMPT OT PRICE IN SOME MORE HIKE (say 50bps) AND HAWKISH STANCE OF RBI,BY BREAKING A CRUCIAL SUPPORT 5700-5680 TO TOUCH EVEN 5550-5480.ANALYSTS BELIEVE THAT THE OVERALL Q4 NUMBERS FAILED TO BOOST THE SENTIMENT, RISING CRUDE PRICES, PROBABLE RISE IN CRR BY RBI MAY DAMPEN THE SENTIMENT TO WORST AND NIFTY MAY SEE SHARP CUT TO 5400 LEVELS OR EVEN 5200 BY NEXT 1-2 MONTHS. ONLY GOOD MONSOON AND FALL IN CRUDE PRICES AND FALL IN INFLATION MAY AGAIN DRIVE IN THE FOREIGN FUNDS, WHICH MAY DRIVE NIFTY TO 6300+++
ASTROLOGICALLY: MONDAY,TUESDAY & WEDNESDAY(1ST HALF) SHALL SEE SHARP SELLING,WITH HUGE VOLATILITY IN ALL COUNTERS.THERE WILL BE SIGNIFICANT CUT IN INDICES AND STOCKS.HENCE EXIT ALL LONG POSITIONS FOR NEXT 2-3 DAYS AS THE MARKET MAY GIVE A VERY GOOD BUYING OPPORTUNITY IN WEEKS TO COME.
FOLLOWING STOCKS HAVE BEEN RECOMMENDED BY SOME ANALYSTS TO BUY ON EVERY DIP,WHICH LOOKS GOOD:
INGERSOLL-RAND(501.65): FUNDAMENTALLY STRONG SCRIPT IS PROBABLY A DELISTING CANDIDATE WITH HUGE POTENTIAL TO MOVE UP FROM THE CMP.BUY THIS COUNTER WITH A PRICE TARGET OF 625-700++.MUST BUY ON EVERY FALL++++++ve.
COAL INDIA(380.10): BUY THIS STOCK IN PHASES AND ON EVERY DIP WITH A TARGET PRICE OF 420+++. STOCK HAS ALREADY MOVED FROM 350 LEVELS IN LAST WEEK.
LIC HOUSING FIN(219.15): BUY & ACCUMULATE THIS STOCK ON EVERY FALL WITH A PRICE TARGET OF 280++++
CAMLIN(77.00): BUY BACK NEWS MAY COME ANY TIME AROUND 100-101. BUY THE COUNTER FOR 3-4 MONTHS VIEW.
ARVIND(73.55):MAJOR LAND BANK NEWS ON CARDS. BUY THE STOCK WHICH HAS MINIMAL DOWN SIDE RISK. THE STOCK MAY SHOW DECENT UP MOVE BY NEXT 2-3 MONTHS. A MULTIBAGGER OF THE GENNEXT. MUST FOR YOUR MEDIUM TO LONG TERM PORTFOLIO. SHORT TERM TARGET OF 85+++ & MEDIUM TERM TARGET OF 100++.
SKUMAR(68.00): BUY THE STOCK BOTH IN CASH & FUTURE FOR IMMIDIATE PRICE TARGET OF 78-81+++. NEWS OF RIED & TAYLOR IPO MAY GIVE HUGE UP MOVE IN THE COUNTER TO 100-120+++ POST IPO.
OBEROI REALITY(255.00): NUMBER ONE STOCK IN REALITY SPACE WITH CASH RICH BALANCE SHEET. THE STOCK REMAINS ELITE FROM ALL OTHER REALITY STOCKS WITH HUGE POTENTIALS IN REALITY SPACE. THE STOCK MAY GROW 40%-45% ANNUALY. A MUST BUY IN YOUR LONG TERM PORTFOLIO WITH A PRICE TARGET OF 500-600++.
SURAJ DIAMOND(55.25): THIS SECTOR MAY GET RE RATING ANY TIME SOON. THE STOCK HAS POTENTIALS TO RISE TO 85+++ IN THE SHORT TERM AND 115++ IN THE MEDIUM TERM. MUST BUY IN PORTFOLIO
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.
ASTROLOGICALLY: MONDAY,TUESDAY & WEDNESDAY(1ST HALF) SHALL SEE SHARP SELLING,WITH HUGE VOLATILITY IN ALL COUNTERS.THERE WILL BE SIGNIFICANT CUT IN INDICES AND STOCKS.HENCE EXIT ALL LONG POSITIONS FOR NEXT 2-3 DAYS AS THE MARKET MAY GIVE A VERY GOOD BUYING OPPORTUNITY IN WEEKS TO COME.
FOLLOWING STOCKS HAVE BEEN RECOMMENDED BY SOME ANALYSTS TO BUY ON EVERY DIP,WHICH LOOKS GOOD:
INGERSOLL-RAND(501.65): FUNDAMENTALLY STRONG SCRIPT IS PROBABLY A DELISTING CANDIDATE WITH HUGE POTENTIAL TO MOVE UP FROM THE CMP.BUY THIS COUNTER WITH A PRICE TARGET OF 625-700++.MUST BUY ON EVERY FALL++++++ve.
COAL INDIA(380.10): BUY THIS STOCK IN PHASES AND ON EVERY DIP WITH A TARGET PRICE OF 420+++. STOCK HAS ALREADY MOVED FROM 350 LEVELS IN LAST WEEK.
LIC HOUSING FIN(219.15): BUY & ACCUMULATE THIS STOCK ON EVERY FALL WITH A PRICE TARGET OF 280++++
CAMLIN(77.00): BUY BACK NEWS MAY COME ANY TIME AROUND 100-101. BUY THE COUNTER FOR 3-4 MONTHS VIEW.
ARVIND(73.55):MAJOR LAND BANK NEWS ON CARDS. BUY THE STOCK WHICH HAS MINIMAL DOWN SIDE RISK. THE STOCK MAY SHOW DECENT UP MOVE BY NEXT 2-3 MONTHS. A MULTIBAGGER OF THE GENNEXT. MUST FOR YOUR MEDIUM TO LONG TERM PORTFOLIO. SHORT TERM TARGET OF 85+++ & MEDIUM TERM TARGET OF 100++.
SKUMAR(68.00): BUY THE STOCK BOTH IN CASH & FUTURE FOR IMMIDIATE PRICE TARGET OF 78-81+++. NEWS OF RIED & TAYLOR IPO MAY GIVE HUGE UP MOVE IN THE COUNTER TO 100-120+++ POST IPO.
OBEROI REALITY(255.00): NUMBER ONE STOCK IN REALITY SPACE WITH CASH RICH BALANCE SHEET. THE STOCK REMAINS ELITE FROM ALL OTHER REALITY STOCKS WITH HUGE POTENTIALS IN REALITY SPACE. THE STOCK MAY GROW 40%-45% ANNUALY. A MUST BUY IN YOUR LONG TERM PORTFOLIO WITH A PRICE TARGET OF 500-600++.
SURAJ DIAMOND(55.25): THIS SECTOR MAY GET RE RATING ANY TIME SOON. THE STOCK HAS POTENTIALS TO RISE TO 85+++ IN THE SHORT TERM AND 115++ IN THE MEDIUM TERM. MUST BUY IN PORTFOLIO
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.