Life been busy...so its kindaa hard to update on a daily basis....but yeah hoping to be more regularly....if not weekly than atleast a fortnight or something shld be managable
Market have been seeing some Volatility in the past few weeks......i believe the market might consolidate arnd 11500-13500 b4 making any major sidemoves....the volume has been low due to lack to visibility in the direction of the market.....over-valued stocks r taking a beating down...the performance of the recent issues have been dismal...the crude price is slowly inching up again with the main concern being the US slowdown n the inflation....the govt cards to cool down the inflation have descended like a loose deck...the over hyped Reality sector have been exposed....with most of the stocks losing anywhere between 35-50% off their highs.
Usher Agro....suggested arnd 13 a fortnight bck.....touched a high of 23 recently....profit booking is suggested at current levels.
Ansal housing suggest arnd 200 during this correction is bck to 285......one shld book 65% profit at these levels
Birla corp (199) n Mangalam cement (149) are the best plays in cement sector looking at the current valuations....worth accumulating in small qty at every 5 % dip frm current price
Nectar lifescience (140) seems attractive with the growth tht its been charting n with an EPS of arnd 30-40 its definately worth holding in everybodys portfolio....a bonus candidate too
Prithvi Info (275).....small position can be taken into this stock...265 can be taken as a stoploss....short term upside being 330-350...3 months
W S Ind (44)...one can accumulate this with a short term target of 55-60 in 3-4 months with a stoploss of 39.
Sunday, March 25, 2007
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