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
Subscribe to:
Post Comments (Atom)
2 comments:
Ashu
Re Supertex
Even the directors (Mishra Bandhu) have sold vast quantities in Jan / Feb at around Rs 1.50 or so. Do you think it will now lower circuit down to 70 ps or lower and if so should one pick up then for your long term target of Rs 5 - 7?
Ashu
Re: Usher Agro
What a fantastic pick - you do seem to have the uncanny knack of picking winners - only problem is you dont post your picks as often as we would like. Can you be more regular please.
Post a Comment