LAST WEEK INDIAN CAPITAL MARKET WAS QUITE VOLATILE DUE TO VARIOUS APPREHENSIONS ABOUT THE STATE ASSEMBLY ELECTIONS, BUDGET AND RBI MEET ABOUT THE CREDIT POLICY REVIEW. INDIA'S GDP GREW AT 6.1% IN Q3 OF FY2011-12 AGAINST 6.9% IN THE PREVIOUS QUARTER, WHICH IS SLOWEST IN LAST 3 YEARS DUE TO MANY FACTORS LIKE HIGHER INTEREST RATE, RISING RAW MATERIAL PRICES AND GLOBAL UNCERTAINTIES, POORLY AFFECTED THE ECONOMIC ACTIVITIES. UNCERTAINITIES DUE IRAN'S NUKE POLICY PUSHED THE CRUDE OIL PRICES WHICH IS WORRISOM FOR INDIAN ECONOMY WAS ALSO REFLECTED IN INDIAN MARKETS. NIFTY ENDED ON 5359.35 & SENSEX CLOSED AT 17636.80.
GOING FORWARD INDIAN STOCK MARKETS MAY REMAIN VERY VOLATILE DUE TO SERIES OF EVENTS WHICH COULD AFFECT THE SENTIMENTS. ASSEMBLY ELECTION RESULTS IN FIVE STATES, OF WHICH U.P IS VERY CRUCIAL FOR THE MARKET AS THE GOVERNMENT AT THE CENTER NEEDS SUPPORT FROM ITS CURRENT ALLIES AND POLITICAL ADVANTAGE IN CHANGE IN STATE EQUATIONS FOR THE PASSING OF THE VARIOUS PENDING BILLS, MOST IMPORTANT OF WHICH ARE FDI IN MULTI-BRAND RETAIL, FDI IN MEDIA AND INSURANCE, PFRDA, LOK PAL. ANY SETBACK TO CONGRESS COULD AFFECT THE FUTURE OF THESE PENDING BILLS HEAVILY AND RESULT IN JOLT TO THE CAPITAL MARKETS IN THE VERY SHORT TERM. ANOTHER MAJOR EVENT IN THE SUBSEQUENT WEEK IS UNION BUDGET AND RBI POLICY, WHICH MAY DECIDE THE FUTURE OF THE INDIAN CAPITAL MARKET SIGNIFICANTLY. HENCE THE WEEK STARTING FROM 12TH MARCH TO 18TH MARCH 2012 IS VERY VERY IMPORTANT AND DECISIVE FOR THE FURTHER RISE OR DOWNFALL IN INDICES. HENCE KEEP A CLOSE EYE ON THE FORTHCOMING EVENTS. THE RANGE FOR THE NIFTY TILL BUDGET & RBI POLICY MAY BE 5200-5600 AND ANY POSITIVE SURPRISES IN THESE EVENTS MAY PUSH THE NIFTY ABOVE 5600 TO 5900-6000++++ LEVELS ON THE OTHER SIDE ANY NEGATIVE SENTIMENT FROM THESE EVENTS MAY RESULT IN FALL BELOW 5200 TO THE LEVELS OF 5000-4950. HOWEVER IT IS IMPORTANT TO REMEMBER THAT DUE TO GLOBAL LIQUIDITY STRONG FII FLOWS COULD ARREST THE STEEP FALL IN THE CAPITAL MARKET. LTRO IN EUROPE AND POSSIBILITY OF QE3 IN AMERICA WILL PLAY IMPORTANT ROLE IN THIS.
WHAT SHOULD YOU DO NOW??? IS AN IMPORTANT QUESTION OF TIME AND ACTION. IT IS NOTEWORTHY TO HAVE PATIENCE AND CLOSELY WATCH THE DEVELOPMENTS. THOSE WHO ARE INVESTORS MAY KEEP ON BUYING AND ADDING THE QUALITY STOCKS ON EVERY FALL AND TRADERS SHOULD KEEP THE LONG POSITIONS OPEN WITH A BROAD STOP-LOSS OF 5000. IN MY PROCESS OF SEARCH AND ANALYSIS IT SEEMS THAT MARKETS MAY REMAIN VOLATILE IN A RANGE OF 5200-5600 TILL BUDGET. ANY POSITIVES FROM THE ELECTIONS RESULT MAY RISE THE MARKET TO 5600-5650 ODD LEVELS IN NIFTY AND NOT BEYOND THAT TILL BUDGET IN THE VERY SHORT TERM. CONVERSELY ANY NEGATIVES COULD MAKE THE NIFTY TO TEST 5200-5150. HOWEVER THE REAL TEST WILL GET DONE ONLY IN THE BUDGET WEEK.
STOCK SPECIFIC APPROACH SHOULD BE FOLLOWED WITH STRICT STOP-LOSS OF 5200-5150 BY TRADERS AND 5000-4950 BY INVESTORS. SUGAR STOCKS & RETAIL STOCKS SHALL BE KEY STOCKS TO WATCH FOR. THERE COULD BE GOOD RISE OR FALL DEPENDING UPON THE ELECTION RESULTS. WATCH FOR PANTALOON RETAIL, TRENT, BAJAJ HINDUSTAN, RENUKA AND OTHER SUGAR STOCKS SHOULD BE WATCHED FOR.
FOLLOWING STOCKS SHOULD BE CONSIDERED FOR BUYING IN DELIVERY ONLY(Not in a leveraged, 3-5 Days position) FOR HOLDING 45-60 DAYS, WITHOUT STOP-LOSS, IRRESPECTIVE OF MARKET TREND/VOLATILITY:
1. FRESENIOUS KABI ONCOLOGY(532545)- CMP:156.90: BUY THIS STOCK AT CMP AND ON EVERY FALL FOR A VERY SHORT TERM TARGET OF 200-250++ AS ITS A DELISTING CANDIDATE.
2.TIMKEN(522113)- CMP:246.25:THIS STOCK HAS ALWAYS BEEN RECOMMENDED IN THIS BLOG AS A DE-LISTING CANDIDATE TO FETCH A VERY GOOD VALUE TO INVESTORS. BUY AT CMP AND ADD MORE ON FALL FOR A SHORT TERM TARGET OF 300-350+++.
3.DCM(502820)-CMP 82.00: THIS STOCK HAS BEEN RECOMMENDED SEVERAL TIMES THIS YEAR TO BUY AND HOLD. EVEN AT THIS PRICE ONE SHOULD BUY FOR THE TARGET OF 100-110++++
4. THOMAS COOK(500413)-CMP 60.65: BUY THIS STOCK FOR A VERY SHORT TERM TARGET OF 70-75+++. BUY AND HOLD THIS STOCK AS A NEWS FLOW OF DE-LISTING COULD FETCH MUCH MORE VALUE. JUST BUY.........
5.ORCHID CHEMICALS(524372)-CMP 185.90: BUY THIS SHARE FOR HOLDING 45-60 DAYS AS THE SCRIPT MIGHT TEST 210-225+++ VERY SOON.
6. INGERSOLL-RAND(500210)-CMP 475: BUY THIS STOCK FOR HOLDING 60-75 DAYS AS ITS A DE-LISTING CANDIDATE, WHICH COULD FETCH GOOD VALUE TO SHARE HOLDERS. STOCK MAY SURGE TO 700+++ ON THE NEWS FLOW. BUY AS DELIVERY/ HOLDING.
Note: To get the latest update on stocks and market one could contact on Yahoo Messenger Id: "vikas198012003@yahoo.co.in"
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.
GOING FORWARD INDIAN STOCK MARKETS MAY REMAIN VERY VOLATILE DUE TO SERIES OF EVENTS WHICH COULD AFFECT THE SENTIMENTS. ASSEMBLY ELECTION RESULTS IN FIVE STATES, OF WHICH U.P IS VERY CRUCIAL FOR THE MARKET AS THE GOVERNMENT AT THE CENTER NEEDS SUPPORT FROM ITS CURRENT ALLIES AND POLITICAL ADVANTAGE IN CHANGE IN STATE EQUATIONS FOR THE PASSING OF THE VARIOUS PENDING BILLS, MOST IMPORTANT OF WHICH ARE FDI IN MULTI-BRAND RETAIL, FDI IN MEDIA AND INSURANCE, PFRDA, LOK PAL. ANY SETBACK TO CONGRESS COULD AFFECT THE FUTURE OF THESE PENDING BILLS HEAVILY AND RESULT IN JOLT TO THE CAPITAL MARKETS IN THE VERY SHORT TERM. ANOTHER MAJOR EVENT IN THE SUBSEQUENT WEEK IS UNION BUDGET AND RBI POLICY, WHICH MAY DECIDE THE FUTURE OF THE INDIAN CAPITAL MARKET SIGNIFICANTLY. HENCE THE WEEK STARTING FROM 12TH MARCH TO 18TH MARCH 2012 IS VERY VERY IMPORTANT AND DECISIVE FOR THE FURTHER RISE OR DOWNFALL IN INDICES. HENCE KEEP A CLOSE EYE ON THE FORTHCOMING EVENTS. THE RANGE FOR THE NIFTY TILL BUDGET & RBI POLICY MAY BE 5200-5600 AND ANY POSITIVE SURPRISES IN THESE EVENTS MAY PUSH THE NIFTY ABOVE 5600 TO 5900-6000++++ LEVELS ON THE OTHER SIDE ANY NEGATIVE SENTIMENT FROM THESE EVENTS MAY RESULT IN FALL BELOW 5200 TO THE LEVELS OF 5000-4950. HOWEVER IT IS IMPORTANT TO REMEMBER THAT DUE TO GLOBAL LIQUIDITY STRONG FII FLOWS COULD ARREST THE STEEP FALL IN THE CAPITAL MARKET. LTRO IN EUROPE AND POSSIBILITY OF QE3 IN AMERICA WILL PLAY IMPORTANT ROLE IN THIS.
WHAT SHOULD YOU DO NOW??? IS AN IMPORTANT QUESTION OF TIME AND ACTION. IT IS NOTEWORTHY TO HAVE PATIENCE AND CLOSELY WATCH THE DEVELOPMENTS. THOSE WHO ARE INVESTORS MAY KEEP ON BUYING AND ADDING THE QUALITY STOCKS ON EVERY FALL AND TRADERS SHOULD KEEP THE LONG POSITIONS OPEN WITH A BROAD STOP-LOSS OF 5000. IN MY PROCESS OF SEARCH AND ANALYSIS IT SEEMS THAT MARKETS MAY REMAIN VOLATILE IN A RANGE OF 5200-5600 TILL BUDGET. ANY POSITIVES FROM THE ELECTIONS RESULT MAY RISE THE MARKET TO 5600-5650 ODD LEVELS IN NIFTY AND NOT BEYOND THAT TILL BUDGET IN THE VERY SHORT TERM. CONVERSELY ANY NEGATIVES COULD MAKE THE NIFTY TO TEST 5200-5150. HOWEVER THE REAL TEST WILL GET DONE ONLY IN THE BUDGET WEEK.
STOCK SPECIFIC APPROACH SHOULD BE FOLLOWED WITH STRICT STOP-LOSS OF 5200-5150 BY TRADERS AND 5000-4950 BY INVESTORS. SUGAR STOCKS & RETAIL STOCKS SHALL BE KEY STOCKS TO WATCH FOR. THERE COULD BE GOOD RISE OR FALL DEPENDING UPON THE ELECTION RESULTS. WATCH FOR PANTALOON RETAIL, TRENT, BAJAJ HINDUSTAN, RENUKA AND OTHER SUGAR STOCKS SHOULD BE WATCHED FOR.
FOLLOWING STOCKS SHOULD BE CONSIDERED FOR BUYING IN DELIVERY ONLY(Not in a leveraged, 3-5 Days position) FOR HOLDING 45-60 DAYS, WITHOUT STOP-LOSS, IRRESPECTIVE OF MARKET TREND/VOLATILITY:
1. FRESENIOUS KABI ONCOLOGY(532545)- CMP:156.90: BUY THIS STOCK AT CMP AND ON EVERY FALL FOR A VERY SHORT TERM TARGET OF 200-250++ AS ITS A DELISTING CANDIDATE.
2.TIMKEN(522113)- CMP:246.25:THIS STOCK HAS ALWAYS BEEN RECOMMENDED IN THIS BLOG AS A DE-LISTING CANDIDATE TO FETCH A VERY GOOD VALUE TO INVESTORS. BUY AT CMP AND ADD MORE ON FALL FOR A SHORT TERM TARGET OF 300-350+++.
3.DCM(502820)-CMP 82.00: THIS STOCK HAS BEEN RECOMMENDED SEVERAL TIMES THIS YEAR TO BUY AND HOLD. EVEN AT THIS PRICE ONE SHOULD BUY FOR THE TARGET OF 100-110++++
4. THOMAS COOK(500413)-CMP 60.65: BUY THIS STOCK FOR A VERY SHORT TERM TARGET OF 70-75+++. BUY AND HOLD THIS STOCK AS A NEWS FLOW OF DE-LISTING COULD FETCH MUCH MORE VALUE. JUST BUY.........
5.ORCHID CHEMICALS(524372)-CMP 185.90: BUY THIS SHARE FOR HOLDING 45-60 DAYS AS THE SCRIPT MIGHT TEST 210-225+++ VERY SOON.
6. INGERSOLL-RAND(500210)-CMP 475: BUY THIS STOCK FOR HOLDING 60-75 DAYS AS ITS A DE-LISTING CANDIDATE, WHICH COULD FETCH GOOD VALUE TO SHARE HOLDERS. STOCK MAY SURGE TO 700+++ ON THE NEWS FLOW. BUY AS DELIVERY/ HOLDING.
Note: To get the latest update on stocks and market one could contact on Yahoo Messenger Id: "vikas198012003@yahoo.co.in"
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.
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