FINANCIAL ASTRO VIKAS

WELCOME TO HINDU ASTROLOGY AND VEDAS. THE APPLICATION OF TOOLS OF VEDIC ASTROLOGY ARE MULTI FOLD AND DYNAMIC. ALL ACTIVITIES OF LIFE CONCERNED WITH THE MATTER, MATERIAL, SPIRIT, SPIRITUAL, LIVING AS WELL AS NON LIVING IS STUDIES AND PREDICTED, VERY WELL. ASHTAK-VARG, SHODASH-VARG, GOCHAR CHAKRA, ETC ARE USED TO PREDICT THE COURSE OF FINANCIAL AND COMMODITIES MARKET WITH CERTAIN LIMITATIONS THIS BLOG IS AN ATTEMPT TO VIEW THE INDIAN MARKETS UNDER ASTROLOGICAL RADAR.

Monday, April 9, 2012

MARKET VIEW FOR THE WEEK 9TH APRIL 2012 TO 13TH APRIL 2012

DUE TO TRUNCATED WEEK AND CAUTIOUS APPROACH BECAUSE OF Q4 RESULT SEASON TO START MARKET REMAINED VOLATILE AND RANGE BOUND. SENSEX & NIFTY CLOSED UP 2% ON WEEKLY BASIS AT 17486.02 & 5322.00

AS ALREADY SAID STOCK MARKET IN INDIA SHALL REMAIN BUOYANT AND ATTRACT MUCH FIIs INFLOW IF THE INTEREST RATE COMES DOWN PRIMARILY. EVEN THOUGH THERE REMAINS MANY UNCOMFORTABLE MARCO-ECONOMIC, FUNDAMENTAL AND POLITICAL CHALLENGES AND HURDLES, THE UPCOMING RESULT SEASON SHALL BE IN FOCUS FOR THE VERY SHORT TERM. INFOSYS SHALL COME UP WITH THE Q4 RESULTS ON 13TH MAY. IT IS EXPECTED INFOSYS TO POST 2.6% SEQUENTIAL GROWTH IN TOPLINE AND LIKELY TO ANNOUNCE AN EPS OF 40.56 FOR Q4, 2012 AND 146 FOR FY12, ACCORDING TO BLOOMBERG.

AS BY THE NEXT WEEK ON 17TH RBI SHALL COME OUT WITH THE CREDIT POLICY REVIEW, THIS HANGOVER WILL BE CLEARLY SEEN THIS WEEK. THOUGH MARKET ANTICIPATES NO RATE CUT THIS TIME, HOWEVER ANALYST EXPECT C.R.R CUT BY 25bps TO 50bps. SOME SECTION OF ANALYST ALSO EXPECT THE 25bps CUT IN REPO & REVERSE REPO RATE.

UNDER NORMAL CIRCUMSTANCES AND EVENTS ITS EXPECTED THAT NIFTY SHALL REMAIN IN THE BROAD RANGE OF 16700-18500 & NIFTY 5000-5600. EVERY DIP SHALL BE A BUYING OPPORTUNITY IN SELECT STOCK PICKS IN BANKING, CAPITAL GOODS, POWER, HEALTH CARE & FMCG .

TECHNICALLY NIFTY NIFTY HAS VERY STRONG SUPPORT AT 5150, WHICH HAS BECOME SHORT TERM CRUCIAL BASE, BELOW WHICH NIFTY MAY TEST 5050-4950 IN NO TIME. ON THE WAY UP 5400 REMAINS THE STRONG RESISTANCE. ABOVE 5400 NIFTY SHALL TEST 5510-5630 IN NO TIME.

I EXPECT NIFTY TO TEST 5400 IN THE CURRENT UP SWING THEN THERE COULD BE DOWN WARD MOVEMENT TO TEST 5050 LEVELS.

FOR THIS WEEK: SUPPORT FOR THE NIFTY IS 5270 AND RESISTANCE AT 5400. HENCE NO TRADING ZONE FOR THE NIFTY TRADERS IS 5270-5400.

BUY CE5400 & CE5500: IF NIFTY SUSTAINS ABOVE 5400 KEEPING THE STOP-LOSS OF 5270, FOR THE TARGET OF 5510 & 5630.

BUY PE5300 & PE5200: IF NIFTY BREAKS BELOW 5270 KEEPING THE STOP-LOSS OF 5400, FOR THE TARGET OF 5200 & 5150.

NOTE: ALL NIFTY TRADERS ARE ADVISED TO STRICTLY FOLLOW THE ABOVE POINTS AND SAVE THEM SELVES FROM A BIASED TRADES....

FOLLOWING STOCKS LOOK GOOD TO INVEST (DELIVERY ONLY) FOR THE SHORT TERM OF 45-60 DAYS HOLDING:

1. GRAPHITE(89.10): BUY AND ADD ON THE DIP FOR THE TARGETS OF 98-110-126+++++

2. HONEYWELL AUTO(2782.05):BUY AND ADD ON THE DIP FOR THE TARGETS OF 3000-3200++++

3. DHANLAXMI BANK(75.40): BUY AND ADD ON THE DIP FOR THE TARGETS OF 82-85-90++++

4. NESCO(663.05):BUY AND ADD ON THE DIP FOR THE TARGETS OF 690-730+++

5. GUJRAT FLUORO(527.95):BUY AND ADD ON THE DIP FOR THE TARGETS OF 560-600++++++

6. VIVIMED LAB (414.05): BUY AND ADD ON THE DIP FOR THE TARGETS OF 440-500++++

7. BGR ENERGY(355.65): BUY AND ADD ON THE DIP FOR THE TARGETS OF 380-400+++

8. TTK PRESTIGE(3214.35): BUY AND ADD ON THE DIP FOR THE TARGETS OF 3400-3500++++

9. MC DOWELL(676.05): BUY AND ADD ON THE DIP FOR THE TARGETS OF 700-750+++

10. STATE BANK OF INDIA(2164.30): BUY AND ADD ON THE DIP FOR THE TARGETS OF 2200-2400+++++

ASTROLOGICALLY: MARS BECOMING DIRECT ON 15TH APRIL AND CONFIGURATION ATION OF PLANETS SUGGEST A VERY VOLATILE MOVEMENT. SATURN'S RETROGRESSION COULD NOW BE SET TO GIVE ITS LAST PHASE UPSWING. HENCE WE COULD SEE A START OF NEW RALLY SOON ANY TIME AFTER 15TH 2012 APRIL, BUT BEFORE THAT I AM NOT CONFIDENT OF UP SWING, RATHER THERE COULD BE SOME SHARP DOWN SWING. HENCE BUYING STOCKS MAY GIVE DECENT RETURNS TILL SATURN IS RETROGRADE.....

THERE ARE 30% CHANCE THAT I MAY GO WRONG IN ASTROLOGICAL ANALYSIS..........USE YOUR OWN JUDGEMENT POWER AND DON'T RELY COMPLETELY ON THIS

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.

Monday, April 2, 2012

MARKET VIEW FOR THE WEEK 2ND APRIL 2012 TO 6TH APRIL 2012

AFTER MUCH DEBATE ON 'GAAR', PARTICIPATORY NOTES, TAXATION AND CLARIFICATION COMING IN ON THESE, THE CONFUSION CREATED IN MEDIA CONTINUES. AMID ALL THESE MARKET PRICED IN ALL THE NEGATIVES AND MARCHES AHEAD AFTER THE MARCH SETTLEMENT. SENSEX & NIFTY CLOSED WITH WEEKLY GAINS OF AROUND 2% AT 17404.20 & 5295.55.

FUNDAMENTALLY NOTHING AS SUCH HAVE CHANGED SIGNIFICANTLY IN FAVOR OF ECONOMY AND CORPORATE WORLD. COALITION POLITICS IS HURTING THE REFORM PROCESS(See Railway Budget, where the fare hike was taken back), NOTHING SIGNIFICANT WAS GIVEN IN THE BUDGET AS PER EXPECTATIONS, CRUDE PRICES ARE GOING UP, HIKE IN ENERGY PRICES & EXCISE DUTY WILL RESULT IN ELEVATED LEVELS, BOND YIELDS ARE AT UNREASONABLY HIGHER LEVELS, RUPEE WEAKENING AGAINST DOLLAR, GOVERNMENT BORROWINGS IS INCREASING AT THE ALARMING RATE, AND MANY OTHER ODDS WORKING AGAINST THE CAPITAL & COMMODITY MARKETS....
THE BIG QUESTION IS WHAT IS LEADING THE MARKET TO SUSTAIN THESE LEVELS AROUND 16% ABOVE THE LOWS MADE IN DEC 2011(NIFTY 4531.25 & SENSEX 15190.74) & SOME FRONT LINE STOCKS HAVE GONE UP BY AROUND 30%, EVEN IF THE MACRO-ECONOMIC CONDITIONS HAVE DETERIORATED BY THEN????

AND TO ME AND OTHER ANALYSTS, THE ONLY FACTOR WHICH HAS DRIVEN THE MARKET IS GLOBAL LIQUIDITY. FIIs HAVE APPROXIMATELY BOUGHT INDIAN EQUITIES WORTH $9.06 BILLION($4.37 BILLION IN 2010, WHEN FIIs HAVE PUMPED RECORD $29.32 BILLION & SENSEX ROSE AROUND 17%) NET OF SALES FROM JANUARY 2012 TILL MARCH END, THE HIGHEST IN THE FIRST QUARTER OF ANY CALENDER YEAR SINCE JANUARY 1993, WHEN THE GOVERNMENT HAS FIRST OPENED THE DOORS FOR FIIs IN INDIA.

ON TUESDAY, 27TH MARCH FINANCE MINISTRY CLARIFIED THAT THE GOVERNMENT WOULD NOT TARGET THE SO CALLED P-NOTES IN A BLANKET MANNER UNDER THE NEWLY PROPOSED RULES TARGETING TAX AVOIDANCE, ONLY PNs THAT FAIL CERTAIN REGULATORY TESTS MAY BE SUBJECT TO TAXATION. (Learn: Proxy Notes or P-Notes are instruments which allow foreign investors to invest indirectly in Indian markets, routing the investment through countries that have favorable tax regimes such as Mauritious, which has tax treaty with India)
ON FRIDAY, 30TH MARCH, FINANCE MINISTER SAID THAT FINANCE MINISTRY WILL COME OUT WITH SEPRATE GUIDE LINES GOVERNING GENERAL ANTI-AVOIDANCE RULES (GAAR) THAT WILL HAVE CLEAR PROVISIONS ON INVESTMENT TO BE TAXED AND WILL BECOME EFFECTIVE FROM 1ST APRIL 2012. CLEARLY NOTE- 'GAAR' HELPS TAX AUTHORITIES TO DEAL WITH COMMERCIAL TRANSACTIONS THAT ARE STRUCTURED ESSENTIALLY TO CIRCUMVENT TAX LAWS AND AVOID PAYING TAX.

TO THIS- MARKET ANALYSTS SAID THAT ANY FORM OF TAX ON EQUITY INVESTMENTS BY FIIs IN INDIA WILL HURT THE MARKETS IN THE SHORT TERM.
I TOO BELIEVE THAT THEIR CONCERN IS VALID AND NEEDS CLARITY URGENTLY. THE QUESTION IS WHEN WILL BE ALL GUIDELINES ISSUED???? AS MARKET DOESN'T LIKE UNCERTAINTY OVER JUSTIFIED TIME.

COMING BACK TO THE LIQUIDITY, INDIA HAS SEEN RECORD FIIs FLOW SO FAR THIS YEAR FOLLOWING TWO TRANCHE OF LIQUIDITY INJECTION WOTH 1 TRILLION Euros BY EUROPEAN CENTRAL BANK(ECB) VIA ITS LONG TERM REFINANCING OPERATIONS (LTRO) PROGRAMME. INDIA HAS SEEN STRONG ETF INFLOWS SINCE THE BEGINNING OF THE YEAR BECAUSE OF ATTRACTIVELY VALUED STOCKS( DECMEBER 2011-JANUARY 2012), A WEAKER RUPEE AND THE FLUSH OF LIQUIDITY GLOBALLY. HENCE ETF FUND FLOWS ARE INFLUENCING MARKET MOVEMENTS.

NOW IF THE SENTIMENT IN INDIA IS GOOD THERE WILL BE HIGHER INFLOWS IN THE SIMILAR MANNER, AND IF THE SENTIMENTS BECOME MURKY ON ISSUES LIKE 'GAAR', P-NOTES, WEAKENING RUPEE MAY THREATEN THE FIIs SENTIMENTS AND CONSEQUENTLY REVERSE THE ETF FLOW IN INDIA IN THE SHORT TERM. NOTE: THIS MAY BE A SHORT TERM PHENOMENON AND NOT THE PERMANENT LONG TERM ISSUE.

THE QUESTIONS WHICH ARE BOGGLING EVERY ONE'S MIND ARE:

" Why was GAAR being taken up in Budget, at such a time when we are expected to get the deluge of FIIs fund Flows??"

" Why Finance Ministry is not coming out with crystal clear guide lines??

"Is the makers of the policy testing the impact and outcomes with some hidden agenda??"

"Who is going to benefited if the sentiments deteriorates and markets falls further?"

"Will the guidelines be clarified soon or will be lingered more?"

NO BODY IS THERE TO HONESTLY SPEAK ON THESE..............

SECOND IMPORTANT POINT WHICH IS WORTH CONSIDERING IS " When is FED going to start QE3?"

ANALYSTS AROUND THE WORLD EXPECT THE QE3(AT LEAST $500-$750 BILLION) TO START AS EARLY AS IN APRIL-MAY 2012, BUT NOT LATER THAN JUNE 2012.(Note: In US, FOMC Minutes on April 3, 2012 are unlikely to unveil any major discussion about QE3 or extending Operation Twist rather statement will be searched for any clues regarding the prospects of QE3 . So don't get excited on this expectation). HOWEVER A BILLION DOLLAR QUESTION IS THIS WHERE IT WILL LEAD THE INVESTMENT? EQUITY OR COMMODITY?? AS PER THE LATEST COMMENT FROM THE FED IS POSITIVE TOWARDS PRECIOUS METALS- GOLD & SILVER. IF THE FORMER WILL BE THE FOCUS, WE COULD SEE A SIGNIFICANT RALLY IN INDIAN EQUITY MARKET IN APRIL-MAY (MAY BE 5900+++) HOWEVER IF THE LATER WILL BE THE FOCUS THEN INDIA MAY FIND DIFFICULT TO SUSTAIN THE RISE IN EQUITY INDEXES, HOWEVER COMMODITY PLAYERS MAY FIND SILVER AROUND 1Lac/kg AND GOLD AROUND 42k/10 grams. .......... ALSO THERE MAY BE RISE IN CRUDE OIL WHICH MAY SPOIL THE PARTY IN INDIAN CAPITAL MARKET.

AS PER MY ANALYSIS AND EXPECTATION A HIGHER ALLOCATION TO INDIAN EQUITIES, IF THERE IS A RATE CUT BY RBI ON ITS CREDIT POLICY REVIEW ON APRIL 17TH, OR AN INDICATION TO START CUTTING IN JUNE 1ST WEEK POLICY MEET AND THE LAST QUARTER RESULTS AND GUIDELINES BY THE INDIA INC.

HENCE TO SUM UP ALL EYES ARE ON INFLATION RATE, Q4 RESULTS, GDP GROWTH, RBI'S ACTION, AND MONSOON ESTIMATES... IN APRIL-MAY-JUNE 2012.

NIFTY IS CURRENTLY TRADING AT 13xFY13 EARNINGS, WHICH IS INEXPENSIVE, IF THE NIFTY HOVERS AROUND 5000-4950 MARK, DUE TO ANY DESCRIBED REASONS, IT WILL BE FAIRLY CHEAP AND WORTH BUYING!!!!!!

THIS CONCLUDES MY REASONING FOR MARKET NOT MOVING BELOW 4950 MARK HENCE FORTH. HENCE ONE GETS SUCH LEVELS, WHICH I EVEN EXPECT COULD BE SEEN, VERY SOON IN APRIL SERIES IT SELF, WE SHOULD START BUYING THE SELECT STOCKS IN MEDIUM TOO LONG TERM PORTFOLIO.

NOTE THAT YOU MAY NEVER GET BOTTOM TO BUY AND TOP TO SELL, HENCE COME OUT OF FEAR AND GREED AND SEE THE MARKET WITH UNBIASED AND UNPREJUDICED VISION, YOU WILL SEE THE MASSIVE OPPORTUNITIES TO MAKE HUGE WEALTH AND NOT JUST PETTY 4-5% PROFIT ON SHORT TERM TRADING, INTRA-DAY SPECULATION AND DERIVATIVES TECHNICAL TIPS.

FORGET ALL TECHNICAL TIPS & FUNDAMENTAL ANALYSIS, APPLY RATIONAL INVESTMENT PRINCIPLES AND ACCUMULATE WEALTH FOR YOUR BRIGHT FUTURE.

COMING BACK TO CLOSER ANALYSIS FOR APRIL SERIES, NIFTY SHOWS THAT ITS GETTING STRONG SUPPORT AT 5150 LEVEL, HENCE ITS A CRUCIAL BASE OF NIFTY. ON LAST DAY OF PREVIOUS WEEK NIFTY BOUNCED BACK WITH STRONG VOLUMES, AND THIS COULD LEAD NIFTY TO 5400 LEVELS. IF NIFTY MANAGES TO SUSTAIN ABOVE 5400 THEN WE WILL SURELY SEE 5520 & 5650. ON THE OTHER SIDE IF ON ANY POOR SENTIMENTAL FACTOR, NIFTY BREACHES THE BASE OF 5150, THEN WE COULD EASILY SEE 5050-4950 ALSO.

FOR APRIL SERIES I EXPECT BOTH 4950 & 5650. BUT WHEN AND HOW???

THIS COULD BE FOUND USING ASTROLOGICAL PRINCIPLES, WHICH IS ANALYSED AT THE END, HOWEVER WE SHALL FOCUS ON NIFTY OPTIONS STRATEGY FOR THE WEEK AND SOME SELECT STOCKS WHICH MIGHT GIVE GOOD RETURN, IF MARKET SUPPORTS.

FOR THIS WEEK: NO TRADING ZONE FOR THE NIFTY IS 5270-5400. DON'T BE SURPRISED ON THIS WIDE GAP. MOVEMENT IN THIS ZONE WILL BE HIGHLY VOLATILE AND INDECISIVE. TRADING IN THIS ZONE WILL SURELY RESULT IN EITHER BULL OR BEAR TRAP AND MOUNTING LOSSES. HENCE

BUY CE5400 & CE5500 IF NIFTY SUSTAINS ABOVE 5400, KEEPING STOP LOSS OF 5270 FOR THE TARGET OF 5520 & 5650

BUY PE5300 & PE5200 IF NIFTY BREAKS BELOW 5270, KEEPING THE STOP-LOSS OF 5400, FOR THE TARGET OF 5150-5050-4950

FOLLOWING STOCKS SHOULD BE BOUGHT THIS WEEK FOR HOLDING 45-60 DAYS IN DELIVERY. BUY ONLY IF YOU HAVE YOUR OWN MONEY AND STRONG HEART TO HOLD. DON'T EXPECT A WIND FALL FORTUNE EVERY TIME ON EVERY STOCK, WHICH I MENTION:

1. TATA STEEL(470.40): BUY THIS STOCK AND ADD ON DIPS FOR THE TARGET OF 500-535+++( ONE CAN ALSO BUY APRIL SERIES CALL OPTION IN EVENT OF ANY MAJOR CRACK IN MARKET)

2. HIND UNILEVER(409.90): BUY THIS STOCK AND ADD ON DIPS FOR THE TARGET OF 430-450+++( ONE CAN ALSO BUY APRIL SERIES CALL OPTION IN EVENT OF ANY MAJOR CRACK IN MARKET).

3. ORACLE FINANCIAL(2620.20): BUY THIS STOCK AND ADD ON DIPS FOR THE TARGET OF 2800-3000+++ ONE COULD SEE DE-LISTING NEWS VERY SOON. JUST BUY IF YOU HAVE MONEY.

4. ARVIND (82.45): BUY THIS STOCK AND ADD ON DIPS FOR THE TARGET OF 95-100+++( ONE CAN ALSO BUY APRIL SERIES CALL OPTION IN EVENT OF ANY MAJOR CRACK IN MARKET)

5. MANGALORE CHEMICALS(40.45): BUY THIS STOCK AND ADD ON DIPS FOR THE TARGET OF 65+++. ANY POSITIVE NEWS ON STAKE SALE BY UNITED GROUP/VIJAY MALLYA WILL MAKE THIS COMPANY SHOOT TO 65+++. BUY IN LOW QUANTITY.

6. TTK HEALTH(390.85): BUY THIS STOCK AND ADD ON DIPS FOR THE TARGET OF 430-470+++. A GOOD BUY. JUST BUY AND HOLD.

7. VIVIMED LAB(404.00): BUY THIS STOCK AND ADD ON DIPS FOR THE TARGET OF 460-480+++. A GOOD BUY. JUST BUY AND HOLD.

ASTROLOGICALLY: MERCURY GETTING DIRECT ON 4TH APRIL AND MARS GETTING DIRECT ON 15TH APRIL ARE THE TWO MAJOR ASTROLOGICAL EVENTS. I EXPECT A FINAL DECEPTIVE MOVE BY MARKET, FULL OF VOLATILITY. MARKET MAY BE BULLISH IN IMMEDIATE TERM TILL NEXT FEW TRADING SESSIONS AS EFFECT OF MERCURY HOWEVER MOVEMENT OF IT IN VEDH CHARTS DEVOID MERCURY OF ITS STRENGTH FOR A VERY SHORT PERIOD OF TIME, FROM APRIL 2ND WEEK, 7TH-14TH APRIL WHICH MAY LEAD A SUDDEN FALL, THEN MARS GETTING DIRECT ON 15TH APRIL, WILL GIVE A UNI-DIRECTIONAL MOVE, UNLIKE MERCURY WHICH CONFUSED ALL FROM 12TH MARCH TILL TODAY. HENCE MARKET MAY BE BULLISH TILL APRIL 7TH ( SAY NIFTY AROUND 5400) THEN A BREAK DOWN BETWEEN 7TH -15TH APRIL (SAY NIFTY AROUND 5000 AND THEN A SHARP RISE SAY FROM 15TH APRIL TO 30TH APRIL (SAY NIFTY AROUND 5650).

THIS PATTERN IS JUST A SIMPLEST APPROACH TO THE ASTROLOGICAL ANALYSIS, IF THERE IS NO FALL TILL APRIL 15TH THEN THERE WILL BE A FALL AFTER MARS GETTING DIRECT. HENCE ANALYSE THE MARKET AND DON'T JUST PLAY BLINDLY....

THERE ARE 30% CHANCES THAT I MAY GO WRONG IN ABOVE ASTROLOGICAL APPROACH AND PREDICTIONS, PLEASE DON'T RELY ON THIS. APPLY YOUR OWN WISDOM, HAVE PATIENCE, AVOID SPECULATION AND DAY DREAMING, DON'T BE BIASED AND FOLLOW THE INVESTMENT AND TRADING PRINCIPLES. ASTROLOGY IS JUST A GUIDANCE OR IDEA IN DARKNESS AND NOT THE INSTRUMENT FOR MAKING FAST BUCK.

GOOD LUCK AND HAPPY INVESTING TO ALL.

IN CASE OF ANY CLARIFICATION AND SUGGESTION PLEASE FEEL FREE TO CONTACT ME:
MOBILE: 9335976722
YAHOO ID : vikas198012003@yahoo.co.in
FACE BOOK: 'Astrologer Vikas Srivastava'

NOTE: I SHALL NOT BE AVAILABLE ON MESSENGER OR PHONE CALL ON MONDAY, 2ND APRIL. PLEASE SMS ONLY.

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.

Tuesday, March 27, 2012

MARKET VIEW FOR THE WEEK 26TH MARCH 2012 TO 30TH MARCH 2012

DUE TO THE DEVELOPMENTS LAST WEEK, A NEW PHOBIC STORY HAUNTED THE INDIAN STOCK MARKET YESTERDAY ABOUT THE MUCH HYPED 'GAAR'. ACTUALLY THERE IS A MISSING LINK OF INFORMATION AND CLARIFICATIONS ON THIS. THERE IS ONE SIMPLE QUESTION " WHY THE EFFECT OF 'GAAR' IN INTERPRETED AND COMMUNICATED SO LATE??? IT COULD HAVE BEEN DONE EARLIER IN PREVIOUS WEEK. WAS IT DONE DELIBERATELY NOW, WHY DOES THE MINISTRY AND OFFICIALS COME OUT AND CLARIFY ON SUCH IMPORTANT ISSUE, WHICH COULD DRAIN OUT THE MAJOR CHUNK OF FIIs IN-FLOW AND INVESTMENT IN INDIA. EVEN THE GOVERNMENT KNOWS VERY WELL THAT WITHOUT THE FOREIGN MONEY THEY CANNOT DREAM OF DEVELOPMENT. HOW THEY CAN COMMIT SUCH BLUNDER??? WHY THE MEDIA IS MAKING HYPE OF THE OTHER SIDE OF THE STORY. THEY ARE TELLING WHAT HARM THE 'GAAR' COULD DO, WHY DON'T THEY TELL THAT IT HAS BEEN BROUGHT TO COUNTER THE TAX AVOIDANCE AND NOT TO MAKE THE FIIs IN WATER TIGHT COMPARTMENT WHERE THEY WILL FIND MOUNTING TAX BURDEN????.

FRANKLY SPEAKING , I SMELL SOME THING FOUL, IF NOT FOUL THEN CERTAINLY MANIPULATIVE ACTION TO CREATE AN ATMOSPHERE OF PESSIMISM & UNCERTAINTY TO PROVIDE ADVANTAGE OF SITUATION TO SOME VESTED GROUP.
WHEN MARKET IS EXPECTING A RATE CUT AND SETTING FOR HIGHER HIGHS, SPREAD OF THIS KIND OF INTERPRETATION OF 'GAAR' MAY GIVE OPPORTUNITY TO ENTER IN THE LOWER LEVELS, AS THIS MAY BE ONLY LAST OPPORTUNITY BEFORE MARKET STARTS MARCHING UP TO NEW HIGHS, AFTER RATE CUTS IN NEAR TERM.

MAY BE THIS IS ALL TO HELP THOSE WHO ARE LEFT IN THE 1000 POINTS RALLY STARTING AROUND 4550 IN NIFTY. I FRANKLY SAY THIS IS MY OWN VIEWS AS IT SEEMS FISHY AND FOUL IN THIS EPISODE. IF I AM RIGHT TODAY AFTER A SOME MORE DEEP CORRECTION , FINANCE MINISTRY OR ANY CONCERNED OFFICIAL WILL COME THROUGH THE SAME MEDIA AND CLARIFY THE SAME AND EVERY THING WILL BE AL RIGHT THEN. NOTE THIS "I AM TELLING YOU ALL IN ADVANCE THAT SOME ONE WILL CERTAINLY COME, WHEN ??? I DON'T KNOW BUT CERTAINLY AFTER SOME MORE CORRECTION.

JUST WAIT & WATCH ................ YOU WILL HEAR SOON..............CLARIFICATION COMING IN .................

AS FAR AS I HAVE ANALYSED THE MARKET MOVEMENT AND ALL OTHER FACTORS I BELIEVE THAT MARKETS WILL REMAIN VOLATILE AND DIRECTIONLESS FOR SOME MORE TIME. FINANCE MINISTER'S STATEMENT IN PREVIOUS WEEK END CLEARLY SHOW THAT GOVERNMENT IS DETERMINED TO TAKE ALL POSSIBLE STEPS TO TACKLE THE FISCAL SITUATION OF THE COUNTRY AND TAKE BOLD STEPS TO BOLSTER THE GROWTH. THIS CLEARLY SHOWS THE PICTURE AHEAD. MARKETS WILL ANTICIPATE THE MEASURES NOW AND START MARCHING UPWARDS AND NIFTY WILL CERTAINLY MAKE NEW HIGHS ANY TIME BEFORE DECEMBER 2012.

SO WHAT IS THE NEED OF PANIC???????

WHAT IS THE NEED OF WORRY???????

WHAT YOU SHOULD DO NOW??????

JUST ADD STOCKS WHICH YOU NEED TO ........

I HAVE GIVEN LIST OF MANY SUCH STOCKS IN MY PREVIOUS POSTING....... TRY TO LOOK IN THEM AND ACCUMULATE FOR NEXT 6-8 MONTHS......WHEN WE COULD SEE NIFTY TOUCHING 6600+++++..............

FOR THIS WEEK: NIFTY IS EXPECTED TO GET STRONG SUPPORT AROUND 5150, IF BY ANY MEANS NIFTY BREACHES THE 5150 ON THE DOWN SIDE IN THE VERY SHORT TERM THEN IT MAY SLIP TO 5100 & 5050. NIFTY MAY GET STRONG RESISTANCE AT 5390-5420 ABOVE WHICH IT WILL SHOOT UP TO 5520 & 5630 ALSO.
HENCE ALL THOSE WHO ARE TARDING ON THE LONG SIDE(ESPECIALLY TRADERS) ARE ADVISED TO KEEP STOP-LOSS OF 5150.
BUYING IN STOCK SPECIFIC COUNTERS IS ADVISED.

FOLLOWING STOCKS LOOKS GOOD:

1. ITC(222.00): BUY IN CASH OR CALL OPTION FOR MARCH CE220 @3-4 FOR THE TARGET OF 10 BY EXPIRY.( PURELY A SPECULATIVE PLAY)

2. JP ASSOCIATE(81.60): BUY IN CASH OR CALL OPTION FOR APRIL SERIES CE80 & CE 85 FOR THE IMMEDIATE TARGET OF 85-90++. MARCH SETTLEMENT ABOVE 80.

3.UNITES SPIRITS FUTURE(558.75): BUY APRIL SERIES FOR THE TARGET OF 600-625-650+++. DON'T MISS THIS GOLDEN OPPORTUNITY. BUY IN CASH AND HOLD WITHOUT PANIC.

4. ING VYSYA BANK(351.95): BUY THIS STOCK FOR 45-60 DAYS IN DELIVERY FOR A TARGET OF 420++++++

Monday, March 19, 2012

MARKET VIEW FOR THE WEEK 19TH MARCH 2012 TO 23RD MARCH 2012

LAST WEEK WAS FULL OF EVENTS THE MOST IMPORTANT OF WHICH WAS UNION BUDGET. AGAINST THE FEAR , F.M DELIVERED A MODERATE BUDGET FOCUSING ON CUTTING SUBSIDIES AND FISCAL CONSOLIDATION. THE FISCAL DEFICIT TARGET OF 5.1% AND LIMITING THE SUBSIDY BELOW 2% IS A WELCOMING AND REALISTIC STEP. HOWEVER LACK OF ENTHUSIASM AND ANY MAJOR ANNOUNCEMENT OF REFORMS AND POLICIES LED TO SOME PESSIMISM.
I HAVE ATTEMPTED TO SUMMARIES THE MAIN POINTS OF THE BUDGET 2012-13 AND THE COMPANIES WHICH MAY BE BENEFITED OR AFFECTED BY IT FOR YOUR GUIDANCE AND INFORMATION:
HIGHLIGHTS:
1. Fiscal Deficit is projected to be 5.1% of GDP( Analysts believe that its realistic and could be achieved but there is no road map,how will it be achieved);
2. Total Subsidy Expenses (Fuel, Food & Fertiliser) may be around 77784 crore, which may be brought below 2% of GDP(A good projection, indication of hike in fuel prices soon shows that the Government is seriously thinking for it);
3. Disinvestment in PSUs targeted to be 30,000 crore;
4. GDP for the year FY12 may grow around 6.9% and for FY13 may be 7.6%(+/- 0.25%);
5. Fiscal Responsibility and Budget management Act (FRBM) shall be introduced in the finance bill;
6. Rajiv Gandhi Equity Scheme is to introduced for increasing participation of retail in share market;
7. Implementation of GST shall come effective from August 2012;
8. Service Tax hiked to 12% from 10%;
9. Now all services to be taxed except those in negative list(e.g., Government services, entertainment, education, public transport, etc)
10. STT reduced by 20% on delivery transaction to 0.10% from earlier 0.125%.

COMPANIES GETTING EFFECT FROM THE BUDGET ARE AS FOLLOWS:

(A) INFRASTRUCTURE: Positive for L&T, Lanco Infra, IVRCL Infra, IRB Infra, etc.
(B) BNAKS: Positive for PSU Banks like SBI, PNB, BOB, BoI, CAN BANK, SYNDICATE BANK, etc
(C) FERTILISERS: Positive for Fertiliser stocks like GSFC, NFL, CHAMBAL, GNFC, COROMANDEL etc.
(D) AUTO: Negative for Auto Stocks like MARUTI, TATA MOTORS, MAHINDRA, etc.,
(E) TEXTILE: Shares of the companies like SKUMARS, SIYARAM, LOVABLE, BOMBAY DYEING may be benefited by the budget.
(F) RETAIL: Companies like TRENT, PANTALOON, etc may get benefit on the government's consideration of FDI in multi-brand retail.
(G) OIL & GAS: Companies like GAIL, ONGC, CAIRN etc may be seen in benefit from the budget.
(H) POWER SECTOR: Companies like RPOWER, NTPC, etc may get the benefit.
(I) JEWELRY SECTOR: Companies like TITAN, GITANJALI, RAJESH EXPORTS etc may be getting negative effect from the budget.

Now what next in the Market and what one should do???

Political situation at the Center and Global Cues may govern the future course of market. Absence of any major event(s) may keep the stock market in a small range of 5200-5600 in Nifty, beyond which Nifty may give +/- 5% move. Any instability on political front at the center, deepening of the eurozone crisis, oil price shocks, rising dollar and weakening rupee may worsen the sentiments and Indices may go down, else every dip is a buying opportunity in stock specific counters. Power, Textile, Sugar sectors may remain in focus in the near term for buying.
Banking & Real estate stocks may loose shine till the chances of RBI cutting the interest rates become clear. Annual credit policy review by RBI is scheduled on Tuesday, 17th April 2012 and the analysts expect that RBI may look for inflation figures of April & May 2012, before it starts cutting the rates. The main reason for this presumption is that government has hiked customs and excise duty, service tax and indicated for cutting of fuel subsidies, which may again start inflation to rise in months to come, hence RBI may review inflation figure of April & May before it starts the bringing down of key interest rates. On the other side, the growth concerns and unavailability of cheaper funds to India Inc. have already started affecting the margins & hitting the Capex plans significantly and that's the reason why Indian stock market have been lagging behind amongst its Asian peers and global leaders. Also the price of crude will play an important role. If the global worries ease especially pertaining to Iran and its nuke-plans, falling demand from China, as China's economy is slowing down may brighten the chances of crude coming down below $90/bbl. Weakening rupee is also a very important factor and indicator for market direction. If the value of $ in terms of the rupee rises to 52-54, then certainly its will be problematic for Indian stock market. However there is ray of hope that after the successful end of the budget session, the markets will set for some up-move above 5600.
In the mean time we have to accumulate the select stocks if Nifty reaches 5200-5150 range below which it it may test 5000-4950-4800. The chances of Nifty testing below 5000 is very less and only any major shocking event(like failure of Congress led Govt in the Center, global tensions, or oil price shock) could bring it down, which shall be the best buying opportunity. As of now chances of below 5000 is less, say 25%.

The upside of the market is capped at 5600-5650, beyond which market needs a positive cue, especially from RBI that interest rate may be softened soon. On this expectation and inflation figures, there may be a short term rally in the market starting from March last-April first week and may culminate if the RBI remains silent on its April, 17th policy review. If there is cut in repo-rate by 50bps(chances are fair for this magnitude in the starting of rate cuts), then the market shall take it as positive and shall further fuel the rally, which will be mainly driven by the liquidity and FIIs flows.

Technically,Nifty should get the strong support in the range of 5200-5150, below which the short term trend would become negative and Nifty may test 5050-4800. On the higher side Nifty may find crucial resistance in the range of 5500-5550 above which gate for 5630-5750 will be open.

FOR THIS WEEK(SPOT LEVELS): Support for the Nifty is at 5270 and resistance at 5420. Hence the no trading zone for the nifty is 5270-5420.
BUY CE5400 & CE5500 only above 5420 for the target of 5550-5630, keeping stop-loss of 5270. (Chances are very less in the march series)
BUY PE5300 & PE5200 only below 5270 for the target of 5200-5150, keeping the stop-loss of 5240.(Chances are high for the decline in march series)

FOLLOWING STOCKS COULD BE THE BEST STOCK PICKS FOR THE NEAR TERM DELIVERY HOLDINGS(45-60++ DAYS):

1. HDFC WARRANT(961682)-CMP 82.76: JUST KEEP ON BUYING THIS STOCKS IN THE LOT OF 1850. THOSE WHO CAN HOLD MEDIUM TERM(2-5 MONTHS) MAY GET PRICE AROUND 125++ BY 22ND AUGUST 2012. SERIOUS INVESTOR MUST BUY AT LEAST 1 LOT.

2. STANDARD CHARTERED PLC(580001)-CMP 94.20: RECOMMEDED LAST WEEK AT 79, STOCK SHOT UP 20%. THE NEXT TARGET IS 125++++. BUY AND ADD ON EVERY DIP.

3. SAINT GOBAIN(515043)-CMP46.60: THIS STOCK HAS BEEN IN OUR RADAR FOR LAST ONE YEAR AND NOW AGAIN RUMORS OF DE-LISTING COULD MOVE THE STOCK TO 65-70+++. AS THE STOCK HAS MOVED TO TRADE-TO-TRADE GROUP BUY ONLY IN DELIVERY FOR HOLDING 45-60 DAYS.

3. TIMKEN(522113)-CMP 228.45: BUY/ADD THIS STOCK ON EVERY DIP AND HOLD FOR THE TARGET OF 300++++. NEWS FLOW MAY HIT THE MARKET SOON. BUY IN SMALL QUANTITY.

4. RPOWER(532939)-CMP 130.50: BUY AT CMP & DIPS. THE STOCK MAY SURGE TO 150++ VERY SOON. TRADERS IN F&O CAN KEEP THE STOP-LOSS OF 125.

5. FORTIS HEALTHCARE(532843)-CMP 107.10: BUY THIS STOCK AT CMP AND ADD ON EVERY DIP. STOCK MAY RISE TO 135-140++++ IN A SHORT TERM. ONLY DELIVERY BUYERS NEED TO BUY.

6. THOMAS COOK(500413)-CMP 64.90: BUY THIS STOCK AT CMP AND ADD ON EVERY DIP. I HAVE BEEN RECOMMENDING THIS STOCK FROM Rs.44+45 & THEN AGAIN AT Rs. 54-55 LEVELS AGAIN RECOMMENDING AT 64-65 FOR THE TARGETS ABOVE 75++. THERE IS A BUZZ OF DE-LISTING AROUND 72 LEVELS. HENCE BUY THIS STOCK.

7. UNITED SPIRITS(532432)-CMP 578.70: BUY & BUY THIS STOCK AND ADD ON EVERY DIP, BE IT 500 OR 450 OR 650. HOLD FOR THE MEDIUM TERM TARGET OF 700+++. EVERY BAD NEWS OF THE UNITED GROUP GETTING PRICED-IN. SOON THE WORST MAY BE OVER. ONLY THOSE WHO HAVE THEIR OWN MONEY TO INVEST NEED TO GO FOR THIS COMPANY AS IT HIGHLY VOLATILE. SHORT TERM TRADERS ARE NOT ADVISED TO BUY. ONLY DELIVERY BUYING.

ASTROLOGICALLY: Planetary configuration is very complex and tough there will be very deceptive moves in the markets. There will be weakness in the markets as said earlier till mercury is retrograde. However there will be sudden deceptive up moves also, which may confuse the traders. Its tough time to trade hence sitting out of markets is advisable, with a view to buy and add on dips the stock specific counters. There will be a short term rally after 28th March 2012 which may last around 13th April 2012. This week market seems to remain weak. Stay cautious and alert.........

Monday, March 12, 2012

MARKET VIEW FOR THE WEEK 12TH MARCH 2012 TO 16TH MARCH 2012

AS SAID, LAST WEEK NIFTY RECOVERED FROM THE RANGE OF 5200 ON POSITIVE GLOBAL CUES, HOWEVER THE POOR PERFORMANCE OF CONGRESS IN THE STATE ASSEMBLY ELECTIONS ESPECIALLY U.P. LED THE WEAK SENTIMENT WHICH CHECKED THE BOUNCE BACK IN THE MARKET. THE POSSIBILITY OF UNSTABLE POLITICAL SITUATION AT THE CENTER AND WEAKENING UPA TURNED THE SENTIMENTS MURKY AS IT MAY BE A GREAT HASSLE FOR THEM TO PASS THE VARIOUS IMPORTANT PENDING BILLS AND REFORM PROCESSES. ALSO IN AN IMPORTANT DEVELOPMENT, TO EASE THE LIQUIDITY SITUATION RBI SLASHED THE CRR BY 75bps, SIGNALLING THE CONCERN OVER THE ISSUE. THIS IS DONE IN TIME WHICH MAY PROVIDE A BIT RELIEF IN THE STOCK MARKET ALSO WHICH MAY BE FELT ON MONDAY. NIFTY MANAGED TO CLOSED AT 5333.55 & SENSEX AT 17503.24.

GOING FORWARD CAPITAL MARKET MAY REMAIN VOLATILE TILL RAIL BUDGET ON 14TH MARCH, RBI DECLARES IT MONETARY POLICY ON 15TH MARCH & UNION BUDGET IS ANNOUNCED ON 16TH MARCH. THE BUDGET REMAINS THE KEY TO THE MARKET AS THE FOLLOWING IMPORTANT ISSUES REMAIN TO BE WATCHED KEENLY BY THE MARKET MEN:

1.FISCAL CONSOLIDATION TO BE LAUNCHED: FISCAL CONSOLIDATION IS A STRATEGY WHICH IS TARGETED TO LOWERING THE SHORTFALLS OF THE GOVERNMENT & PILING UP OF THE DEBT. FISCAL CONSOLIDATION IS ONE OF THE TAXATION AND FINANCIAL MARKERS OF THE CENTRAL GOVERNMENT. IT IS CONSTANTLY UTILIZED TO LOWER THE FISCAL SHORTFALLS OF THE NATION. In the latest report of world bank on Friday, Indian Government is likely to miss the ambitious target for Fiscal Consolidation set in the 2011-12 budget of limiting Fiscal Deficit to 4.6% of the GDP by about 1% due to lower-than-expected revenues and increasing outlays on subsidies. The budget 2012-13 is expected to set the target a Fiscal Deficit Ratio of slightly below 5% of the GDP from likely 5.25%-5.6% in 2011-12. The key signals to spur growth could come from the reform of Direct Taxes, the implementation of long-delayed GST and the passage for the Land Acquisition and Mining Bills.

2. NEED POLICIES TO STABILIZE PETRO-PRODUCTS PRICES & CUT SUBSIDIES: Low domestic production of Crude, low lwgacy prices, government say on fuel pricing, absence of competition in petroleum marketing are the key issues to be addressed by the givenment and focus primarily in cutting down of the fuel subsidies, developing business, fiscal, regulatory and policy environment to bridge the gap of robust demand of energy and crude oil and bleak supply depending largely on imports. Drop tax on LNG, grant tax holiday to gas production, transparency in cross subsidy by upstream companies, etc.

3. EFFECTIVE MANAGEMENT OF SUPPLY SIDE ECONOMY: Food Inflation was as high as 22% in Feb 2010 and now on negative side as per the last week's figure. Monsoon was normal which resulted in these figures and overall inflation. To enhance the contribution of agriculture in GDP, its expected that in the Budget 2012-13, F.M. should focus on rationalisation of the different subsidies, decentralisation of handling of food grains to ensure food grain security, priority to increase areas under edible oils & oil seeds, dealing with the issues relating to procurement, marketing, cold chains & maintenance of buffer stocks and allocation of higher resources( triple to the current) for this sector among others especially agriculture infrastructure & agriculture research & development.

4. NEED TO BRING POLICY REFORMS: According to FICCI it needs Policy Reforms rather than Tax-Cuts. They are placing emphasis on policy reforms in areas like infrastructure, allocation of natural resources, education & health. The rate of taxes-both direct & indirect- are already very moderate and there is little scope for further reduction. Additionally the two main tax reforms through DTC & GST are on track to be implemented and and coming Budget should consider it on prime focus.

5. REMOVAL OR REDUCTION OF S.T.T & ANY CHANGES IN LONG TERM CAPITAL GAINS TAX: As expected by many in Stock Market, that Government may scrap the S.T.T may bring a short term cheer in the market for a moment but not a long term impact. However as heard in the street that any possibility of introduction of Long Term Capital Gains Tax may bring a devastating and cascading down effect and Markets may dis-like the move resulting in deep cut of 15%-20% fall in Indices. Hence keep close eye on this.

CONCLUDING TO THE ABOVE THE MARKET MEN(FIIs, DIIs, HNIs, ETC) WILL HAVE CLOSE EYE ON THESE FACTORS TO GAUGE THE OVERALL BUDGET AND GOVERNMENT'S ABILITY AND REALISTIC APPROACH TO REDUCE THE FISCAL DEFICIT. IF ITS REALISTIC THEN MARKETS WILL TAKE THUMBS-UP AND A PARTY WILL GO ON OPENING GATE FOR 5%-10% RALLY, ELSE MARKETS MAY CORRECT 5%-10%-15% ON ANY DIS-COMFORT ON FISCAL DEFICIT MANAGEMENT AND OTHER ISSUES LIKE CAPITAL GAINS TAX.

MY VIEW: ONE SHOULD HOLD ONLY 25% TO 35% IN EQUITIES AND HOLD REST IN CASH BEFORE BUDGET. THEN TAKE A CLEAR CALL ON MARKET AFTER THE BUDGET BLUE PRINT IS OUT...... IT MAY BE RISKY TO HOLD LEVERAGED OR FULLY INVESTED PORTFOLIO BEFORE BUDGET THIS TIME.
IN MY VIEW NIFTY MAY BE AROUND 5550-5600 BEFORE BUDGET, WHERE ONE SHOULD GET OUT OF THE MARKET AND SIT ON CASH OR HOLD 25% EQUITY & 75% CASH. THERE COULD BE A CORRECTION IN MARKET TAKING NIFTY TO 5000 LEVELS!!!!!!!!!!!
THIS DOES NOT MEAN THAT YOU COULD ENTER IN SHORTS. DON'T AND DON'T ENTER IN SHORTS EVEN IF THE CORRECTION IS TRIGGERED AS THERE WILL BE SHARP RISE/REVERSAL IF THE BUDGET COMES WITH SOME POSITIVES. HENCE DON'T SPECULATE BUT TRY TO INVEST IN GOOD STOCKS.........

IN THE SHORT TERM: NIFTY IS LIKELY TO MOVE IN THE RANGE OF 5150-5650. IF NIFTY MOVES ABOVE 5650(WHICH COULD HAPPEN ONLY IF BUDGET IS GOOD) THEN NIFTY COULD BE 5750 & 5920 IN EXTREME SHORT TERM. ON THE OTHER SIDE, IF NIFTY CLOSES BELOW 5150( WHICH COULD HAPPEN ONLY IF BUDGET IS POOR) THEN NIFTY COULD TEST 5050-4950 OE EVEN BELOW THAT IN EXTREME SHORT TERM.

IN THIS WEEK: SUPPORT FOR THE NIFTY IS AT 5270 & RESISTANCE AT 5420. HENCE THE NO TRADING ZONE FOR THE NIFTY IS 5270-5420.
BUY CALL OPTIONS(CE5400 & CE5500) IF NIFTY MOVES ABOVE 5420, KEEPING 5270 AS STOP-LOSS FOR THE TARGET OF 5510 & 5650.
BUY PUT OPTIONS(PE5300 & PE5200) IF NIFTY MOVES BELOW 5270, KEEPING 5420 AS STOP-LOSS FOR THE TARGET OF 5200-5150.

FOLLOWING STOCKS ARE GOOD FOR VALUE PICK, ANY TIME IF THE CORRECTION HAPPENS FOR HOLDING PERIOD OF 45-60 DAYS:

1. RALLIS(500355)-CMP 128.40: BUY FOR THE TARGET OF 150-160-180++++.

2. HDFC WARRANT(961682)-CMP 88.15: BUY FOR THE TARGET OF 110-120++++

3. THOMAS COOK(500413)-CMP 59.60: BUY FOR THE TARGET OF 70-75-80++++++.

4. BINANI IND(500059)-CMP 135.60: BUY FOR THE TARGET OF 170-200-210+++.

5. GUJRAT FLOURO: BUY FOR THE TARGET OF 560-600-680+++++.

6. STANDARD CHARTERED PLC(580001)-CMP 79.25: BUY FOR THE TARGET OF 90-100-110++++.

7. APTECH(532475)-CMP 91.25:BUY FOR THE TARGET OF 100-110++++.

ASTROLOGICALLY: Mercury getting retrograde on 12th March 2012 and direct on 5th April 2012, will very very unpredictable for the markets. Markets will show wild moves, which will not be easy to catch and trade. Initially it may bring a sharp fall, which may trigger any time, may be around or after budget (There are 90% chances) and then small corrective rallies could be seen from 23rd March to 29th March, then again a fall, however this period will not be very promising for traders. Hence its better to sit aside and wait for the settlement of March series and then buy after 4th Arpil 2012. However a value pick could be done in shares mentioned above. Mars getting direct after 15th April 2012, may bring sharp rally....
There are 30% chances that I may go wrong in above astrological analysis, use your own wisdom and consult your own adviser before taking decision on this basis.