Wednesday, February 14, 2007

Is Correction Finally Set in ?

market for the past days have seen a negative breath....advance decline ratio has been 1:10....suggesting profit booking n the much awaited correction realising this time......how much the correction will last for is anybody guess but one shld take stock specific approach at this time.....better to stay away till market is stabilized.

Inflation is becoming a worry factor right now....increasing the prices overall....the toll of which will impact other things too.

i have booked profit in anjali fab n 50% in super tex...the housing sector has taken a beating down....better to book profit as its quiet a bit over valued sector....the interest loans which have been rising since might put further pressure..many believe the slip is juss a beginning

some scripts to look out for n worth studying are

DCW.... karur kcp.....manugraph....kohinoor foods...suraj diamonds....surya pharma....marksans pharma...W S ind

the stocks will be covered here as and when the right price comes to take position in them

Wednesday, February 07, 2007

New Picks

Usher agro...juss picked up this one yest at 13.....some surprises can be expected post budget...EPS of this yr arnd RS 2....will post more updates once confirmed

A new entry brij laxmi........its been hitting circuit for the past one week......i might take some more position if available at current or lower levels once circuit stops...small qty will be advised.....strictly for those who have risk appetite

Patience Pays

Few stocks that really tested my patience have finally started showing some momentum

Anjali Fabrics suggested arnd 30 nine months back and then again at 17 four months back is finally hit circuit to circuit.....currently quoting arnd 51...target arnd 100 is tlked abt this one....will continue holding it till its hitting circuit....will post a message when i book profit into it

Super Tex....suggested arnd .70 paise a yr bck n then again at .33 paise 4-5 months bck is currently quoting arnd RS 1.4......i have booked 25% profit at these levels....might consolidate arnd these levels.......its expected to turn arnd soon...i believe still a long way to go in a yr or two if it turns black...definately worth a bit of risk

Krishna Lifestyle.....suggested a fortnight bck at 1.25 is quoting arnd 1.82....already 50% profit....once shld continue holding it n ride the wave....target of 6-10 is being talked abt in medium to long term....last qrt results have been encouraging

Paras Petro....again inching for its earlier heights....70% up frm my suggested levels.....keep holding

LAST BUT NOT THE LEAST

Hyderabad Ind.......facing a bit of margins probs due to the rising cement prices....still a value play for long term holders....i am sure it will start its good performance sooon.....those who havnt taken any position can start investing at every 10% fall in this....bonus can be expected

Hiran Orgochem n Surya Pharma......both are 15% down frm my buy levels.....good pharma plays......future is definately bright for both the players.....good picks at current level with low risk ratio

DCW as expected low levels r expected in this....profit booking was adivsed arnd 15.....one can take position arnd 10-11 levels......lots of development to happen in a yr or two

Aarti Ind......been facing a bit of hard time due to high crude prices....but since prices have cooled down.....better results r expected.....must buy for long term investors at current levels