MIDCAPS GEMS........STAGE A COMEBCK FROM OVER SOLD TERRITORY

SURYA PHARMA……suggested at 70 10 days bck is quoting arnd 90 right now…………still quoting very cheap….30% UP

SANJIVANI PARENTAL STAGING A COME BCK…..THOSE HOLDING CONTINUE TO HOLD IT…..FRESH POSITION NOT RECOMMENDED


DEWAN HOUSING SUGGESTED AT 57 RIGHT NOW 68…UP 18%......STILL A GOOD BET FOR LONG TERM HOLDERS.

NATIONAL STEEL BOUGHT AT 16 AT 21 RIGHT NOW…..35% UP……SMALL PARTIAL POSITION CAN STILL BE TAKEN

ALPS INDUSTRIES RECOMMENED AT 76 RIGHT NOW 91….BONUS DECLEARED THIS YR….QUOTING VERY CHEAP….HIGH OF 300….CATCH IT IF U CAN B4 IT STARTS HITTING CIRCUITS

SATNAM SUGGESTED AT 58 RIGHT NOW 67 …..15% UP…CAN BE ACCUMULATED PARTIALLY

AARTI INDUSTRIES TOOKA BEATING FRM A HIGH OF 92 TO 30…RIGHT NOW 40……DEFINITELY WORTH ACCCUMULATING

SURYALAXMI COTTON….FRM A HIGH TO 270 TO A LOW OF 78……WAS RECOMMENDED at 84…right now 100…..quite underpriced

SREI n MANALI worth buying for long term holders…..multibaggers according to me

MAHINDRA UGINE….bought at 96…..right now 124……30% up…..worth buying at every 10% decline

Hyderabad industries….suggested arnd 200 right now 283…..keeep holding…..those who haven’t bought can buy partially arnd 30% right now

value buying

i bought the following stocks today as i see very limited downside n huge upside potential in a long run

aarvee denim......18 EPS
dewan housing......8.32 EPS
indo asian fuse.
satnam over seas....11 EPS
srei infra.....5.16 EPS
hiran orgochem....19.11 EPS
karur kcp....8 EPS
alps ind.....28 EPS

have bought 35% at current levels......will add more on declines....detailed report available on my prev posts

MARKET STAGE A COME BACK

Market staged a come back right from 9300 levels…....international market too were up……most of the stocks which were badly beaten out of shape were mostly up in upper circuits……though caution is advised arnd these levels……a clear view is still under the black shadows….if international market r down then maybe again the Indian market will continue its downfall……..market might remain between 8500 to 10500 for the next 5-6 months according to me……selective stocks which are available dirt cheap shld be selected n kept in the lockers for a minimum of 9-12 months…tons of multi-baggers will emerge again…though one shld not hurry n shld start buying in small qtys n keep adding more during declines if market remain weak….one shld start booking out profits or marginal loss in weak speculative stocks or over valued stocks if the rally continues on moday and Tuesday

Few stocks which can be bought at current levels but in small qtys maybe arnd 35% right now......these are my views....adequate research shld be done b4 buying any of these....i hold position in all the stocks mentioned below......companies details for all the below mentioned stocks are available in my prev post on the blog.......i bought mahindra ugine n national stel n manali petro today

Hyderabad industries……from 450 to 254…EPS of 50…bonus contestant (10% up today)

Man industries….been tracking since 250 levels but waited till 200 where I took position…right now 156…..18.72 EPS…fy07 eps expected to be atleast 30 (up 17% today )

Surya pharma…..frm 130 went upto 170….beated badly to 67 levels…..no change in fundamentals…….eps of fy06 21.58…….definately a multibagger….patience will be tested (6.61 % up)

Reliance comm…..frm 330 to 190…right now 219….up 13%.....only for long term investor…..minimum 9-12 months view shld be taken

Hiran orgo chem……from a high of 210 where it was overvalued come to 100 levels where I took position…went to 140…right now 71….minimum 70% growth can be expected for the next 2 years though the management has given 100% target…EPS of 06 19....another multibagger according to me (20% up today)

Ind-swift labs….frm 120 to 53 right now 65.55….only for risk takers….atleast 100% can be expected frm current levels (16% up today)

Manali petro…..advised arnd 20….went to 28…profit book was advised….right now 13…went to a low of 11…..up 11% today….fy06 eps of 3….another multibagger according to me

Risk takers can take some position in agro dutch……largest exporter of mushrooms….only for risk takers….management in a bit of doubt….minimum 18 months views shld be taken…frm high of 80 to 19 (10% up today)

Sutlej Ind……been tracking since 400 levels…..bought at 300 levels….right now 230….FY06 eps of 37……value play…buy 30% right now…keep adding on every 15-20% fall (8% up today)

Suryalaxmi cotton mills for 200 to 87……EPS of 24…..50% can be added at these levels….only for long term holders 12-18 months….multibagger frm these levels (5% up today)

Mahindra ugine ….right now 111…..20 eps of 06….07 eps expected to be 32-35….multibagger in making…..grab it…hold for atleast 12-18 months (20% up today)

Srei infra…..frm a good support level of 55…was available day b4 at 30…..right now 37….EPs of 5.5 for 06…..multibagger in making…20% up

Aarti ind….frm 70 to 40 levels…..EPS of 6.7….gr8 prospectus going forward….another multibagger…..was down by 6% today….add 30% right now….can jump anytime

DCW advised at 14 as speculative call 10 days bck was up 20% today…..right now 11….i will continue to hold it n also anjali fabrics

CARNAGE CONTINUES

The carnage continues…….midcaps were hammered badly…….FIIS which have been buying heavily right from 6500 to 11500 levels have started booking profit…..n have been selling till Friday…n mutual funds kept buying till Friday post which they turned sellers too…overseas market r also facing a bit of correction for the past 15-20 days


People kept recommending stocks which were running high on valuations purely due to liquidity flow…..unreasonable targets were given which were followed blindly….i have been recommending to buy stocks where valuations were cheap n not over-valued large caps.
Many were sitting on low cash marginal just 15%.......wont be able to make use of this correction…I have been recommending caution right from 11000 levels n a minimum 40% cash balance in my previous posts.

Market should stabilize around 9000-9300 levels….though there are many thing which one will have to take care of….the advance – decline ratio have been distressing for the past so many days….the long term story is still intact…MNC’s are pouring billions of money into the Indian market expanding their business.

I will definitely post my picks once I think the market has settle…….those wont cant keep a view of minimum 9-12 months should enter at their own risk….fresh buying not recommended looking at the current scenario

One shld hold a minimum of 15 stocks according to me to spread out their risk

Invest with knowledge


VIEWS ARE ALWAYS WELCOME

market at 10500...whts next ?

market might remain weak seeing the current trend....can fall further to arnd 9300.....on the upside 11000 will be a high resistance level.......not much of action shld be expected in the next 2-3 months post which there will be selective stock moves
better to wait for the stocks to be added....i might add few more stocks which i had bought a week bck...long term trend is definately bullish unless politics kicks in again

keep a safe distance until a clear trend is seen