Videocon Industries is being sold aggresively by FCCB holders have converted to shares at 450 levels(Avg) and are disposing the shares.The company is an excellent buy at this point as it is another oil major in making with success coming its way in oil and gas explorations.It also has a good portfolio of investments in stocks that will generate a handsome profits if sold at the current levels.Buy and HOLD .This stock will be another Reliance in long run, with Mr.Venugopal Dooth trying his level best to enhance shareholder wealth,by merging associate companies with Videocon and coverting it as a holding company.As market conditions are not conducive at this point, Stop loss may be hit .So i have not recommended any stop loss for this undervalued company.Jus buy small quantities at every dip and average.
Though DCHL went much below the recommended rate, it has bounced back smartly.Now EMKAY stocks have come out with a recommendation to buy with 330 as target in 6 months.
Hai, Markets are in a flux, not knowing the direction.The best is to stick to PSU's that have huge assets that cannot be matched( not talking about Bipasha !!!) by any private operators.One such company is NTPC.The latest Q1 2007-08 is very exciting with a vertical increase in profits.One can buy(only if you have holding power,because sl may be triggered due to market conditions), with a target of about 200 plus in December 2007.( i have one lot purchased @169!).
Bye
GSPL was my favourite stock which i bought at 36 and sold at 59.This stock has been consolidating for a while, and is ripe for a breakout.Hope all would have enjoyed HDFC Bank and Apollo Tyres.Apollo tyres stock is to be split from 10 face value to 2.So enjoy.
Bye
A NICE CUP AND HANDLE FORMATION WITH BREAKOUT.
Hai, DCHL is about to breakout.Buy with a target of 254 SL 230
Buy CrewBos Target 198 SL 148
Hai all, HDFC Bank looks ripe for a breakout.With ICICI bank issue a resounding success, HDFC bank is set for a up move.
All bank stocks are buy as inflation seems to be under control and RBI will defer CRR hike.Thus amongst the private sector banks Dena Bank is one that is an old time favourite.
Buy small quantities and average in case of fall as general market trend is swinging.Gail as mentioned is down due to market weakness and still can be bought in small quantities.Did every one see the breakouts in PetroNet and Geojith ? ( See my old post recommending these scripts).
Buy good quantities of GAIL around 313 - 320 levels for medium term target of 400+.
IMPORTANT DISCLAIMER:THESE RESULTS ARE BASED ON SIMULATED OR HYPOTHETICAL PERFORMANCE RESULTS THAT HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE THE RESULTS SHOWN IN AN ACTUAL PERFORMANCE RECORD, THESE RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, BECAUSE THESE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THESE RESULTS MAY HAVE UNDER-OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED OR HYPOTHETICAL TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THESE BEING SHOWN. THE TESTIMONIAL MAY NOT BE REPRESENTATIVE OF THE EXPERIENCE OF OTHER CLIENTS AND THE TESTIMONIAL IS NO GUARANTEE OF FUTURE PERFORMANCE OR SUCCESS. THE AUTHOR BASICALLY BEING A TRADER MAY HAVE POSITIONS IN VARIOUS STOCKS RECOMMENDED
