hi friends,
Nifty trading at 5800+ does it all look jolly and gear up to crsoss 6k mark, wel i dont think so the downsidfe is yet to come thats what i feel.Its only the index based script which are a bit outperforming the market and that is obious because when market moves up they move up and when markets come down they are the first ones to come down!!
Important :- midcaps stocks are yet to have a roll in market they have not participated in any kind of rally from 5200 benchmark to 5800 benchmark not appreciated even 10% so keep a close eye on them and start doing cherry picking when nifty breaches 5400 level once again
Thursday, March 31, 2011
Monday, February 28, 2011
NIFTY EYEING 4800
HI FRIENDS,
i have a strong feeling that nifty will breach 4800 levels ie 500 points downside from the current levels. Yesterday inspite of dramatic spike in the nifty by almost about 150 points it was not able to hold up which it should have if it was to be a bull run all way long, but unfortunately markets tumbled and was in free fall zone and crashed all its gain and just closed with mere 30 odd points of gain for the day.
so my advice would be to wait for sometime before entering into the market because one will easily get the stocks at much more attractive valuations than what they appear now.
cheers
i have a strong feeling that nifty will breach 4800 levels ie 500 points downside from the current levels. Yesterday inspite of dramatic spike in the nifty by almost about 150 points it was not able to hold up which it should have if it was to be a bull run all way long, but unfortunately markets tumbled and was in free fall zone and crashed all its gain and just closed with mere 30 odd points of gain for the day.
so my advice would be to wait for sometime before entering into the market because one will easily get the stocks at much more attractive valuations than what they appear now.
cheers
Labels:
nifty 4800,
nifty eyeing 4800
Sunday, February 13, 2011
ARSS Infrastructure Projects Ltd
533163 ARSSINFRA Group (B) BSE
currently trading at:- 565.90
buy call: around 400-450
Target:- 700,1000,1500
Duration: 6-24 months
Arss infrastructure it came into the market last year with an great opening by giving its IPO subscribers almost 50% gains in just 6 months with coming at listing price of about 650, and reaching highs of 1500 in no time. But because of the fall in the market and continuous rising interest rates the inra group whole bunch has taken a toll and result is we are getting rates of infra at such prices that we cant imagine(guess most are life tiem lows),infact for time being just avoid buying infra stocks and wait for the nifty to touch 5k levels, one we touch 5k level, i am sure there would be further discount on the infra stocks at what they are currently in the market and then these stocks would perfectly be justified value picks out of which ARSS could be the outperformer.
currently trading at:- 565.90
buy call: around 400-450
Target:- 700,1000,1500
Duration: 6-24 months
Arss infrastructure it came into the market last year with an great opening by giving its IPO subscribers almost 50% gains in just 6 months with coming at listing price of about 650, and reaching highs of 1500 in no time. But because of the fall in the market and continuous rising interest rates the inra group whole bunch has taken a toll and result is we are getting rates of infra at such prices that we cant imagine(guess most are life tiem lows),infact for time being just avoid buying infra stocks and wait for the nifty to touch 5k levels, one we touch 5k level, i am sure there would be further discount on the infra stocks at what they are currently in the market and then these stocks would perfectly be justified value picks out of which ARSS could be the outperformer.
Saturday, February 12, 2011
Gangotri Textiles
Gangotri Textile Ltd.
521176 GANGOTEXQ Group (B) BSE
Currently trading at:- 6.91
Buy call at range of :- 5.5 to 6.20
Target:- 8.5
Duration :- 3-6 months
Strict Stop loss:-5.0
A small gem finally turning wheels on with first time its EPS turning in green looks like company has long way to go,a hidden gem in small sector and appreciation of almost 40% from current level is certainly on cards according to its chart pattern, instead of buying other risky companies in market its definately worth to take risk at this one with very minimal chances of going low from current levels, please maintain a strich stop loss of 5.0 which is 52 week low levels and taregt it for 8.5 to 9 for next 6 months
521176 GANGOTEXQ Group (B) BSE
Currently trading at:- 6.91
Buy call at range of :- 5.5 to 6.20
Target:- 8.5
Duration :- 3-6 months
Strict Stop loss:-5.0
A small gem finally turning wheels on with first time its EPS turning in green looks like company has long way to go,a hidden gem in small sector and appreciation of almost 40% from current level is certainly on cards according to its chart pattern, instead of buying other risky companies in market its definately worth to take risk at this one with very minimal chances of going low from current levels, please maintain a strich stop loss of 5.0 which is 52 week low levels and taregt it for 8.5 to 9 for next 6 months
Subscribe to:
Posts (Atom)