Friday, June 09, 2006

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

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