Blame it on elections: I guess we are overdone in terms of downside the election funds are being pumped like this i don kw but somehow if we see historical P/E and dividend yields its better than 2% for sensex stocks :: FIIs are getting good returns in terms of USD to India than why are we in trouble
oil has shown sign of weakness believe it or not free fall till $122 seems likely, is a great possibility in that scenario we ll definitely cheer , we have overdone in terms of estimating wrong nos the PE for large caps are 10-12
the problem is inflation specially for next qrtr or so.
I see threethings ore to correct from here on that ll impact steel to correct it ll lead to correction in specultion more people would have negative bias attached in mth or so for metals thus a part of WPI is taken care off
Nw see the next part OIl ll definitely correct petroleum inistry ll react first if oil corrects thus cost of living ll reduce
RBI actions of CRR hike ll create dent for sectors bt wht abt if everything is checked in terms of speculation I guesss the rally is here to come
Moreover earnings downgrade thn y one expects HDFC to post 47% on large base i guess analysts hype downside and upside a 205 expectaton would have rallied the stk to 2000 or more so if model of a company is doing what oughts to be done than who is making mistake number crunchers or analysts. THe no. seem to be decent its just things are overhyped 16% y-o-y growth for 38 of 50 stocks of nifty a 20% plus for remaining i don see reason for downside ..... Why u expect so much when we r in trouble comeon 47% increase in NII from a bank when CRR and others rates are taking tall on bank profits.....
Analysts go wrong and create blunder US stks rallied today cos they had too tooo much negative factored in . US inventory data ll change again around $122. What can we do . Rely on siple dynamics i don see Indian economy growth below 7.25%... The stocks are at mouth watering levels its just we need liquidity that is been sucked by players who knw hw to create a mirage of everything
Please remeber a PEG ratio of less than 0.4 means buy . You would not find stks at 7-8% yield with quality management Long term medium term investors please strt picking.. i guess nw u must have learnt FII formula and making money on shrt sell bt ny for more days they ll return they have to return we r at mouthwatering levels adjust 8k wid groth and u find we r there again 4-5% correction i m nt best in the business nor have FII frnds asking thm nt to sell they r selling cherry to polish there poor performance back home guyz u trust Indian stk market the rt time or else 18mths ypu ppl will regret stating tht we never thought its going to give handsome returns
Wednesday, July 16, 2008
MarketOutlook
Hi all,
The crude touched the high of 147.95 and closed arnd 138 it means the two tops taken off ... yes the crude has formed double top a significant correction can be expected from here on. Whats worse is we have reacted heavily on downside for any sector. Reality available at 65p to NAV . Banks available at 2 times book and 1 times private and public respectively. Stocks will tend to outperform once clarity comes in terms of US economy . However we are nearing the bottom and thats per sure a sluggish consolidtation phase is over ...Now we ll make a move +- 2% from next week. no major downside risk. come on investors u were buying at 15k nw its 12.6k whats stopping u. ood news are just started start invest more often. Picks are old favorites
Zylog, Mundra, EDL, SUpremeinf,BHel,LT,HDFCBANK,LMW,KOLTEPATIL and ELectrotherm
the list continues to grow
Happy investing
The crude touched the high of 147.95 and closed arnd 138 it means the two tops taken off ... yes the crude has formed double top a significant correction can be expected from here on. Whats worse is we have reacted heavily on downside for any sector. Reality available at 65p to NAV . Banks available at 2 times book and 1 times private and public respectively. Stocks will tend to outperform once clarity comes in terms of US economy . However we are nearing the bottom and thats per sure a sluggish consolidtation phase is over ...Now we ll make a move +- 2% from next week. no major downside risk. come on investors u were buying at 15k nw its 12.6k whats stopping u. ood news are just started start invest more often. Picks are old favorites
Zylog, Mundra, EDL, SUpremeinf,BHel,LT,HDFCBANK,LMW,KOLTEPATIL and ELectrotherm
the list continues to grow
Happy investing
Friday, May 9, 2008
MARKET FOLLOW-UP
HELLO INVESTORS
Due to Global situation and Crude hovering above $120 Market has negative bias attached to it Inflation will be around 7.42%. In such a case sell index stocks that are vulnerabl to fall. In this scenario I would recommend one to sell Neyveli lignite at 145 with tgt of 138,133 in days to come.
There are too many speculation built but FII figure clearly suggest that we are heading for some correction in days to come. I would pefer to stay my neck out and recommend to buy more of stocks I have recoomened with the correction buy stock around it support levels.
Supreme INfrastructure had posted a good result with EPS of 13 odd for the full year. The strong order book suggest the company will clock 30% topline and 34% bottomline growth. The stock should achieve the 126 target but if market tends to be irrational be patient investors it is a good stock to be part of your portfolio.
If you remember I recommended Electrotherm India. The company is having sequential Q-O-Q growth in terms of bottom line and topline. The company did post growth in terms of topline. But higher depriciation and tax resulted in lesser pat for Q4. Seems higher tax provisioning as depriciation is accelarated. Interestingly the few takers of the stock have converted their warrants at 33% premium to current market price. The next year company will post 60% topline growth and close to 55% bottomline growth. Look into its market cap and its operating profit numbers. The company is on expansion spree buy is recommended on coverage basis. SHort term the market is directionless but Indian story is here to stay for couple of years atleast thus oncw sentiments improve. One can expect ELEctrotherm to sky rocket to new levels. Company requires funds to finance its capex and that is why it has declared 25% dividend.
Disclaimer: Its safe to assume I have vested interest in the stocks and my clients and family will have some exposure in stocks talked about. You can post your queries regarding stocks if i track them or know anything about it I will definitely reply but please do not ask for momentum stocks likes of RNRL IFCI PTC becuse these ae companies which are pure punter play and I am not a great chartist.
Top Picks: Sell Neyveli Lignite and Buy Bhel around 1728 levels it has some pattern refleting that the stock after touching this low will have bounce back to 1788 levels. But the odds are against it its again going to be risky I would wait for the stock to touch 1680 levels as this is the best support region for short term traders
Medium term to long term: Edelweiss ,Mundraport, Everonn, Supremeinf, Zylog and Electrottherm,Kamat Hotels and Lakshmi Machines.
Due to Global situation and Crude hovering above $120 Market has negative bias attached to it Inflation will be around 7.42%. In such a case sell index stocks that are vulnerabl to fall. In this scenario I would recommend one to sell Neyveli lignite at 145 with tgt of 138,133 in days to come.
There are too many speculation built but FII figure clearly suggest that we are heading for some correction in days to come. I would pefer to stay my neck out and recommend to buy more of stocks I have recoomened with the correction buy stock around it support levels.
Supreme INfrastructure had posted a good result with EPS of 13 odd for the full year. The strong order book suggest the company will clock 30% topline and 34% bottomline growth. The stock should achieve the 126 target but if market tends to be irrational be patient investors it is a good stock to be part of your portfolio.
If you remember I recommended Electrotherm India. The company is having sequential Q-O-Q growth in terms of bottom line and topline. The company did post growth in terms of topline. But higher depriciation and tax resulted in lesser pat for Q4. Seems higher tax provisioning as depriciation is accelarated. Interestingly the few takers of the stock have converted their warrants at 33% premium to current market price. The next year company will post 60% topline growth and close to 55% bottomline growth. Look into its market cap and its operating profit numbers. The company is on expansion spree buy is recommended on coverage basis. SHort term the market is directionless but Indian story is here to stay for couple of years atleast thus oncw sentiments improve. One can expect ELEctrotherm to sky rocket to new levels. Company requires funds to finance its capex and that is why it has declared 25% dividend.
Disclaimer: Its safe to assume I have vested interest in the stocks and my clients and family will have some exposure in stocks talked about. You can post your queries regarding stocks if i track them or know anything about it I will definitely reply but please do not ask for momentum stocks likes of RNRL IFCI PTC becuse these ae companies which are pure punter play and I am not a great chartist.
Top Picks: Sell Neyveli Lignite and Buy Bhel around 1728 levels it has some pattern refleting that the stock after touching this low will have bounce back to 1788 levels. But the odds are against it its again going to be risky I would wait for the stock to touch 1680 levels as this is the best support region for short term traders
Medium term to long term: Edelweiss ,Mundraport, Everonn, Supremeinf, Zylog and Electrottherm,Kamat Hotels and Lakshmi Machines.
Subscribe to:
Posts (Atom)
Posts
