Are Markets getting Fatigued

5180 people eyeing the ball park figure. But whats in store for the Common Man. Definitely the answer lies in smart investment. As an investor I have always felt there is a series that starts performing first than comes midcaps and quality midcaps to hidden value gems. The phase is coming for sure.
Please relook at the older suggestion: Usher Agro its still not performing but yes smart traders have made money because of its capped move between 36-42-45 levels. and underlying volatility of 2.8% for last three months on intra day basis. However today i am writing for stocks which can outperform just like what i wrote for Zylog Systems, Unity Infra LMW EDL Alok and Jk lakshmi and many more of them in my older posts.
If you want safer return with a view of 6-9 months. You should seriously look at Genus Power
Other stocks that I have on my radar and still see value buying includes:
Sarla Performance(526885), Usher Agro Temptation Foods( a sell as higher risk associated with it.)

Happy Investing,

NHPC IPO

NHPC IPO is one long term story that looks similr to NTPC. Valuation on PE front seems expensvie to the naked eye but it is not true. But think about it from P/BV or even vision 2011 it seems something is left on the table.
a)I expect it would be around 44-45 for a long time before i takes a call on upside, on downside it wont be much from 36. P/BV post the listing would be around 1.45 times.
Valuations dont go by it Think about owning a HYdro POwer business 10000 MW by the end of 2011. It will be around 3 Rs per watt. So lot of potential at this point of time. With Maket being positive this will atleast trigger 39-42 in the first week of listing otself.
I put a subscribe on this IPO with a rating of 3. and long term rating of 4. Its fair price for issue is around 27- 33. This is because if I compare NTPC listing it gave 40% return to investors I expect the regulatory body will definitely adjsut to make sure you get 40% return on Investment on the amount allotted.
It seems the book will subscribe 5-6 times on retail front so you can get 15-16k worth of shares add the 20-25% gain. You can make appx 4500 -5000 on upper limit. The Kostak rate in different market is around 3k to 3.5k. SO i guess even punters has sensed the same.
Happy Investing.
PSU's at the time of listing has given decent returns and it will be no different to the promising star of tomorrow. D0nt go for valuation ploy lot many projects are undergoing, which has impacted Profit Loss on going basis as revenue will be streamlined in days to come

ADANI POWER IPO

Long time since an IPO had such block buster subscription. Now people are speculating about where it will list.
Remember Mahindra's New Kid on the block. Much beyond Valuation but truly a sentimental play. If I had to value ADANI i would suggest its underlying value at 70 its fair value at 120 its sentimental value at 145-160. Yes 160, this is what Adani Power will touch before anything wrong happens to it. I go Valuing an IPO on the basis of Value subscription its listing price as per HNI formula and QIB formula sets out between 125-130. SO within a week it will jump to that level even if market has some negative sentiments attached to it . Remeber the Group elder kid Mundra POrt a wonderful listing and a strong kid for a long time. Adani will b no different, Going forward track technicals of Mundraport and You will get a fair idea about how in the initial stage the group kid will react too. It will definitely touch 160 and after that EUPHORIA can take it to 200. But i guess I avoid EUPHORIA i would wait for it to touch 100 again.
Surely you are gettign 325+6% more atleast 340-343 shs for every 1 lac limit invested. More importantly you will make even at Rs 30. A profit of 10k. What else you can expect in 30 days. But wait patiently, QIB's have gone crazy so they will mop it up till 160.
About NHPC just invest at 36 and hold for a long time it will be a boring PSU with 60% listing gains. After that almost a year of consolidation remember NTPC, this being a unique story can even touch 65-70. But 100% in FIve years I think its better to skip the stock and buy at Bookvalue of close to 16-20 if it touches from there the stock would be a true multibagger may be traing interest could take the stock to Rs 100 also.

Safeguard and take these weeds out of your portfolio:Sell on, Unitech,and other companies

Hi Investors,
Unitech SELL AT 70:I reteriate a sell on Unitech the over stretched balance seet and earning dilution would mean clearly that the story will not be able to survive another turmoil. Post budget the correction seems inevitable in that case they will be the largest losers.

Suzlon Sell: A classical case of wealth destrcution fv atleast 50% below the current mkt cap of 92. But i feel its a delete forever from portfolio

R Power Sell: Tgt 100 or even below. Reason is promoters invested 1800 crores and raised 10000 crores I doubt it deserves Current mkt cap of 56000 crores.

IVRCL Infra:It does not deserve more than 100 rs as a FV and thus a good exit and even a good shorting stk

Punj Lloyd: A perfect Sale and long term exit is recommended. I feel all the stocks can come and test Rs 30-40 before anything good happens to it

RMedia: A long term sell and exit stock does not deserve a investment bet

Happy investing

Mahindra Holidays IPO

Another R power haaahaa just kidding investor friends. SOme things dont come cheap and it is one of them the company has a business model which some may call fraudulent some say they dupe their clients I say its solid> Think about a stupid club you are stuck with cos you piad huge money on the enrollment after that you visit the place na. Same goes here. Think about Mahindra its TATA's in the making Satyam and now many more in the pipeline. But these are philosophical which should not be under my purview when I am talking about the IPO fundamentally.
Whenever I study the IPO i measure it with listing gains. Here my guess is that it will show 400 and if market is in distress 180 is not away. Future Group R power name big bangs and they suck. Because atlast its the valuation that plays the spoil sport for the built in EUPHORIA. 300 crores is what they are mopping up. Think about R jhunjhunwala and FI's its a peanut for them to manipulate the small kid of the big group. You talk about the asset value business model everything apart at sensex 14 times this stock deserves a premium but how much is the big question. 9830 clients /customer base is what I see the company growing at on an avg for next 3 years, maning CAGR of 33-35%. Dont look at the past simply think my past is my girl friend and future is my wife. Friends remeber the hype over JYothi LAbs at that point of time also I had the same reason why would you invest in an IPO when better players are available with proven record. Compare a business model on similar guidelines Country Club it definitely a better bet with proven record and decent model not comparable to Mahindra's as its not in fooling business it is also available at decent valuations.

• The stock at 275 is available at 28 times forward. Going forward also at 26 times on upper band it stretches further to 32 odd times.
• The stock is a group kid of Mahindras, premium justified but not twice the real valuation
• HNI's to leverage FI's to invest heavily closed ciruclation stock can touch 350 500 look at tech mahindra 350 -1100 - further 1500 and than dead. SO dont go by valuation theory purely
• Invest with a high risk apetite though on listing risk seems negligible. The IPO cut-off will be around 290-310.
• The stock will list at a premium beacuse HNI's breakeven formula will force it to blaze. After that do i need to tell exit with a tight stop of 265.

And do not enter till the euphoria dies and the stock is available at less than 14 PE.

Talk about proxy business, Hotels, what else if they are valued at 7-10 times and that too not on NAV adjusted basis. You cannot expect a big bang from MAhindra But market players will make it and keep it expensive before they decide to exit

So given the sentiment and IPO size brand I reteriate a subscribe a buy wid a sell on IPO listing. The returns are there atleast 10-15% on listing days. Mahindra's can make it even cheerful at giving discount to holders and gettign the cut off too 275.

Fundamentally this stock i not worth keeping long term at current price. The valuation of Land Bank to expected market cap is more than DLF. COmparing the valuation of Hotel industry from PE ratio play it is more than Indian Hotels and Asian Hotels.

Wha else I need t o tell you small investors subscribe I assign a fare rating of 3.5 out of 5 which means subscribe for sell with lesser risk on listing day due to HNI breakeven formula.

Happy Investing,

Aashish Tater

Sell on Unitech and Buy HDIL

A perfect hedge and return making strategy. Unitech balancesheet is over stretched as of now. Its networth is on back of large equity dilutuion on FY 11 basis the stock is stretched at 20-30 times forward on NAV adjusted basis provided if i value the real estate close to 2007 levels. Meaning in best case scnario a PE of 30 odd times on FY-11 earnings.
Now lets talk about statistical corelation between HDIL and Unitech. The freee fall in Unitech is far more and high volatile underlines the stock. Remeber a fall form 72 to 29 in a day. I reteriate a sell on UNitech at 85 with tgt of 37 and a buy on HDIL on declines arnd 160 levels. The reason being the stock of HDIL as better valuation and if one goes wrong on realiy the fall in unitech would be more. Make sure the value of short = value of long and not 100 shs of unitech to matched with 10 shs of HDIL

Please note this is more on statistical arbitrage and major contribution is given by a friend of mine

Dear Investor@ Raghavendra:

Dear Investor@ Raghavendra: Its an intersting question i would recommend you over 10 stocks in a weeks time as I have busy schedule but now I can recall only few Genus Power less than 7, Cords Cable less than 8, Diamond Cables less than 7. This are few picks and great investment positive company. Atleast they dont raise capital to invest for high div yielding. In that case you can contact me I will give you a long list and investment ideas If you want it as an investment stock all the best. I still reteriate apply with view of listing gains I do not deny that it may not touch 70 but DO remeber this is a follow on public offer and if you are an old player who can take few neat glasses of wine I think you should apply but if you are new to the business of money making stay away as this punch aapke hosh ura sakte hain.I have known so many investors who want security on downside do not mind waiting bit long and patient thats why they never invest in stocks of RNRL ISpat Nagar Fert. These are speculative stks wid high risks so I told greed apart welcome to the world of making money I cannot change my investment philosophy.I rate this IPO as 1 out of 5 from investment perspective and 3 from speculation perspective. Readers a genuine request please leave your mailing address from next time s0 that I can personally reply

Thanks,Aashish Tater

Outlook On Market

Market has been up up ad only up not surprised by the strength but it needs a bretaher else we are heading to 30% market collapse. i was deadly bullish at 8k and i am deadly bearish at current levels. The baloon before it bursts has to blow bigger and bigger. The FV of Sensex is arnd 12500-12650. From here on with the strength I guess if my techs is correct it might touch 15500 or max 15800. Because of liquidity chsing our markets have become overvalued from undervalued. Still bullish on my pics Alok,Zylog, J K Lakshmi, Unity Electrotherm Usher Agro
Right now One more busineess that is attracting me is Food. thats why I picked the best of the lot Usher Agro. This stock has to create wealth with FII's and large players doing block deals on the small company its a company of tomorrow undoubtedly. The other stock I like from here on is my favorite Grand Hyatt i mean Asian Hotels 500023.
This company was in limelight last year when ashish chugh recommended it at 680 odd levels. Todays it 285. Looking at the properties and EPS of 30+ last yr expected EPS of 40+ for this fiscal I guess this can trade at 14 PE . Meaning close to 560 a doubler from here on . Volumes are blazing someone is definitely accumualting the stock.
Rest on you investors I envisage my conviction with a view of owning the business group of Asian Hotels would be a dream come true wid positio in Asian Hotels. One more stock being BindalAgro better known as Oswal Chemical and Fertilizer. The stock is having a cash per share fo cloe to Rs 38. The stock can double form current level of 19.

Market Outlook

Dont get overwhelmed by short term portfolio growth. I still dont buy stories that have given pain in the past. Market is poised for fall or atleast showing some chance of fatigueness. Not a single sock tested there support levels as if external pressure (liquidity ) creating an upper thrust. technically its not possible. The best way to play this market is through puts market for next 12-15 days will be +-5% nd wih charts showing no strength one can short index on rise specially three stocks Bhel, it seems fundamentally the prices are factored in. Reliance around 2230-2285 range wid an immediate tgt of 2015.
The biggest challenge for India going ahead is whether they will be able to sustain the euphoric expectations, which according to me is not possible. In 1930 such developments happened in few of the developed markets of now, they were developing markets than. Where there was a growth of 67% -75% index retrun and than market took a slide of over 50%. I do not argue about the levels right now but if index has to test 12600 before it goes up it would be good for markets and market players.
Tracking history once UPA got stabilized market touched 14800 and i guess it cannot go beyond that even this time. So market slided and tested 12700 aand thats what i am eyeing at.

Mid Cap Gems

Buy on Zylog Systems wid a tgt of 255 cmp 158 sl @ 144, Buy Usher agro stock has seen good accumulation patter stk has tgt of 52 intermediate sl at 38. Also buy Rajvir Inds the stock has managed to close above its monthly high now has potential to give 33%
from here wid sl of 41.5 cmp 47.50 tgt 68 to 73.

USHER AGRO

buy Usher agro wid a tgt of 44 52 and 60 in days to come because it peershave taken a run and that why its available at decent vlauations.
make sure you exit the stk wid tight sl of 38

US Fed themselves does not know about US

Blame it on large institutions investors and US politics. It seems these large players have accumulated enough stocks and profits in recent run. And that is why US Fed has again changed its statment i.e. US Fed predicts deeper recession. GDP is not a function of what Fed tells daily. The problem was still there. I guess Fed isa puppet of large players and does not have its own estimate. How can you tell the lady that she cannot concieve last week and this week she gives birth to a baby. It does not take even 2 week to change FEd view. And the global players follow Fed directions as bible. US is still a troubled economy and it continues to be. Nothing changed case schiller index does not predict any near term recovery. GM bankruptcy ruins the economy further.

Over DOne in short term

Hi all,
Market need to take a good pause before it starts all over again. Heavy weights are taking run up as if fundamentals have changed their way. Structural growth takes time and its not an easy task to improve economic conditions when we are laggards. The time has come when selective midcaps will run and selected large caps will try and make a higher bottom. But Index technically can test 12600 in no time. Japan has shrank. If you see Dow Jones technical pattern it was all over. Bulls and bears are having tussle but is it bulls who will have last laugh definitely not. Indian market seems to be over bought beacuse of lot of cash waiting on sidelines. Thus on every fall we are protected but it would be difficult for markets to identify new leads. Looking at charts I see 7 stocks to test lower level support soon. Reliance @2015, LT 1144, SBI 1470, Bharti 766, DLF can test 255, Bhel to test 1700 thus if these market movers are at resistance levels I doubt whether market can sustain its upswing.
Take fundamental we are ahead of China and other Bric nations in terms of valuations. On upside people dont find valuation of 20 to be expensive and on downside even 10 is expensive if this is not what irrationality is than define irrationality for me. Nifty will test 3830 sooner than later. Bullish on edl, everonn alok text and mid cap reality and vijayabank

http://aashishpicks.blogspot.com/search?updated-min=2008-01-01T00%3A00%3A00%2B05%3A30&updated-max=2009-01-01T00%3A00%3A00%2B05%3A30&max-results=3

This is what i published some time back. I still buy India but at reasonable prudence. Almost a year when Index was 11k odd or 8k odd or even nw. What makes a difference is what quality you buy.

Look at those picks: Zylog, . JkLakshmi, Unity Vlotamp Indotech and many more I was skeptical cos there was unstabilitiy around but bullish on my picks. These are value buys decent business models higher than industry growth and beaten down valuations.

Happy investing bulls I upgrade my tgt of bottom arnd 3530 from 3230.

First time ever we Indians have not elected a MP with criminal background. My county men thanks to all of you.

Infosys PUt @1500 Best hedge

HI all buy Infosys Put 1500 ,. If anythig happens to market it can give you 200% return 30 rs cost wid a tgt of 82 before expiry.

Bullish on May-Hem effect

Hi readers,
The Mayhem 2006 replica in 2009. Index is at a place where the sledge is going to hurt most people. Easy money is what people have made in last few weeks now margin calls will get triggered. Talking to few of the eminent brokers they are worried about there position with the clients and when heat is going to take a toll on Index too. These people will forcably cut the positions as per exchange mandate.
Now where as an investor you stand probably no where. You bought at an intermediate peak an will definitely sell at intermediate low.
I would suggest the rally that was getting fatigued at 3700 level as of now it can test 3230-3245 level with the crucial support being 3470 on closing basis.
Markets will take a breather on thursday or friday last hour trading but please exit as election results is uncertain. People make more money by timing the stock exit and entry. Dont mind buying a stock at 5% premium if it does not have uncertaininty attached to it.
As of now I see bear grip getting tighter and uncertainity in short term will make volatility higher meaning lesser premium on Index thus it will also mean lesser value for INDEX.

Are you feeling confident about the market?

Rising sun is saluted by everyone than why you want to salute the falling index. Is there steam left I seriously doubt seeing the market position and macro factors. FII are here to make money and they make it fast but when they exit why you have to catch the melting ICE. Thats exactky what you people are doing.
IS there any reason to buy at current levels. Lets see a bigger picture
a) Chrysler creating doubts thousands of ppl ll become jobless
b) India's political situation.
c) MAy hem effect 2006 index at the same level and same patterns outperforming MEtal pack. But is it really good situation out there. IS there enough demand to support the capacity expansion I doubt. So move money into real cash and book paper profits in Index. given current situation I doubt index does not deserve to trade beyond 3348 levels which is a decent PE. Growth cannot come People buy a wrong story and they build on it and when they exit we common investors are ready to catch the melting ICE. The best way is to keep your money out and wait for right investment opportunity. Its high time to exit from long positions crossovers will change in no time and bull or bear just see the right time can protect your portfolio.

Market OUtlook

Hi ,
The Mayhem effect of 2006 reminds me about the fact market can change its 200 or 100 or 50 DMA crossover in 3-4 trading sessions. Keeping that as a fear in mind we all know what momentum can do to market. The last leg of momemtum before election can take NIFTY to 3635-3720 level and even 3830 levels. We need two things Reliance to consolidate above 1825 levels. Else market cannot test these levels. Banking to support the upsurge.
Now take a closer look at laggards and movers.
Prefer Cement Stocks: its investor heaven but not any more till august: Rainy season impact
Automobiles: Low base effect played an important role but going forward I seriously doubt the fact that automobiles is a space to stay invested.
Reliance: GRM's will be under pressurebut momentum can do anything. Banking except the great HDFC and AXIS i doubt other banks has credentials to take an upward surge from here on. ICICI can do a little on upmove.
Others LT and Bhel: Will come in to support falling market but it would be difficult when momentum reverses.
The three crucial levels of break down are 3539-3547. than 3603 and 3672 and 3841.
As defensive move keep shorting Index at these levels with tight sl above 10 pts from the recommended levels. I dont see market to fall below 2960 but at the same time elections, govt and other clouds cannot allow momentum to get bigger and bigger and if it goes big sell sell sell. Everyone has stocks in the portfolio. Rather than exiting use nifty strategies at recommended levels to hedge position and use right breakdown signals to exit all the stock position. If marlet after touching 3547 closes below 3422, breakdown will start with a tgt of 3230 and than lets market decide further breakdown or not. Market is in a place where it can easily shed 40% of its gain i.e 400 nfty pts on a slight negative news. This is a right time to catch on unrealized profits with SL to confirm you exit with a profitable position. For eg. If JK lakshmi cement closes below 56 than the stock momentum is dead for a while but on contrary keep a hold wid a tgt of 72 test way back to 64 and than 83 in days to come. Similar for Zylog do not exit the position if you ar holding on to it. Wid a SL of 121 remain long the stock will test 157 and 183 sooner than later.
This is an Outlook on market for next week. Strenght is not visible to me but going against momentum at current levels would be suicidal. Sell at right time make small entry and exit with tight sl one can make more profit. Last resistance is wht one shld look to cover the position on shrt as it acts as a support for this time

alok industries

I do not deny the fact that it cannot touch 1 or 10 rs. But I cant stop people from selling Gold at throw away price. The Debt and Equity of the firm is a consideration. But investment positives over shadows few concerns. Like

Concern 1: D/E makes it finanically over leverage agreed. Think from restructuring prospects for the firm it has raised huge amt through Right Issue.

Concern 2: I am not a fool, after considering the EPS post dilution its still available at a PE of 4.5-5.

COncern 3: Profit: If its not a Satyam it definitely has posted true results in that case. The Cash in balance sheet is at 9% of debt through NEt profits add 440 crores added throughdilution and rights. The company can reduce its debt to almost 50%.

Concern $: Its all in the mind. A company that has posted a growth of over 20% in last 5 years is available at PE of less than 4 come-on I assure you you people will find this stock attractive at 45 when my analyst frieds after decent accumulation will come and talk about it.

Now the fact, It has huge stake in Grabla ALok an established player in Infra space too . If i am not wrong their subsidiary bought 950 crores of property to yield 14% return through rent,Assuming that they lost 35% of value on investment still is worth over 700 crores. Market Cap at less than 1000 crores a d/e on higher side but still they have been giving good expansion growth. One simple equation if stocks like Nocil can be market flavor this definitelly qualifies for a buy.

Chart Patterns showing sign of revival and tgt is 18.55, 23.1 looks reasonable time frame 1 mnth. Forgot to mention if you hold this stock for 3- yrs it ight even hit a half century. Its IPL season thats why nos are Century Half century. This is not an investment idea its a rationale. Calculate your return from NSC and make the mistake of buying it at 45. ELse spread your investment between 13-16. This is a long term horse nd is likely that it will stay and give returns despote poor leverage and high risk attached to it Nothing worse is visible. Te stock is at 10% from its peak.

ALOK INDS

Alok Inds can test 18 85 with volumes building in around 16.15 a tight SL of 15.40 the stock can be bought wid a tgt of 18 85 and 19.70 in days to come.
The stock is a great value buy wid EPS of over 6 and F n O stock can be another hunting ground of speculators 20-22%% in a days time or so
SCRIP code 521070

Nifty trading Strategy

Right time to go long on PUT 3300 for NIFTY and hold it will definitely touch 80 in days to come currently at 53

Midcaps are Blazing like fire when Large boyz are consolidating

Its another round of irrational exuberance or are we trying to break the ice with the help of midcap. No way I see data has bottomed out. The only issue is Speculative players has given an igntion to market. DO not chase handsome returns with am 3-4 day view also because one will definitely be stuck and the circuit story will not allow you to exit. It looks good that one makes profit on papers but can you actually expect this to continue. Three rallies and a downturn. We need to cross 3466 and beat the 200 DMA which is not a certainity. From all angles its a sure short play for shorting index because on upside you will have a tight stop loss and also strong resistance. History suggest that bulls try to exit before 200 DMA expecting other players to beak the ice and thus they have to attmpt twice or thrice . This is first significant attempt thus it will fail in all circumstance on downside I don see any reason to fall below 2720 either. Right now best way to stay in market is increase your SL for your invstment holdings and book profits on every rise.
One stock that will hog limelight is SIntex Industry its up on charts needs one strong move and can give 20% return from here on. Hold on Mid Cap IT, The satyam saga can extend to beaten down valuation of these players. Keep a strong watch on INFY mgmt guidance be4 trading into market. But I Don see next year guidance beyond 109 thus the stock is available at 14 times forward a PEG of 1 will mean the stock should at one point of time will see atleast 1282 on downside. Who knows if the result is better than poor expectaton the stock can rally to 1578 also in two or three days but tha flow should always be used as an exit. Even in uncertain times we have lot many small medium and large cap avilable at less than .5 book and PE of 6 max which is reasonable in financial prudence to survive the thunder of slowdown.

Is the bear dead????

Market showing irrational movements is a clear indicator that we are in the grip of a bear phase though sentiments have improved across the globe but this run up is not sustainable. One major reason is th rally is not concentric, its broadbased name a sector which is not up by atleast 25% mid cap line up( i mean). For a good base to form or even a bull run to take place leaders should be identified but this run is a mixed bag Realty, Banks,CAP goods IT Oil gas all up in disproportiontae form. SO this is first indicator that we will slide again. Use the last phase of short term rally to exit. Penny stocks have also started hitting cirucits.
The next trigger is Elections. Data really reflect that there has to be a rally post election if stable govt forms which is a big question in itself. In India for years I see mili juli sarkar.
This is a macro sense of equity linkages. Now lets see what my analyst friends have to say.
Without offence these were people who told @8000 we are in deep trouble. Nothing happened to Index on downside but on upside after a decent rally these players talk about bottoming of Indian economy IIP numbers etc etc... I seriously doubt there conviction and understanding on our market. I am not an investor with decades of experience but last 5 years have taught me a simple game that large players play. This rally needs a decent 1000 plus point correction on Sensex if at all it has to improve my belief that we have bottomed out. We need to see large cap going up and mid caps to stuck and only selected sectors to make a move thus giving us a sector as market leader.
I dont see India going ahead to post the phenomenal 7-8% growth with the widening of deficits. If manifestos will provide free things to poor and higher tax scale to middle class. From were the Government will get money from to fund for Infrastructure. They will burden us with debt. How can we grow. Politicians are promising something for their vote banks I pray this time let it be words of promise what they are famous for because if they implement this time market can test 8000 also. Yesterday IIP nos are significantly lower and if this continues for couple of quarters also we are in midst of contraction and we will stagnate somewhere between 3.8-4.67% in next two to three quarters.
Newsmakers can cheer for Inflation at 0.26% but for me is Inflation really down except for energy pack we are not actually down. Two yrs back the Cooking Oil was 78 rs a litre last yr it was 115 this yr its 102. Calcualte the two yr effect, Sugar from 18 to 27 and god knows if ts gonna be 30-32 in shrt term. Flour 10 kg bag from 192 to 210+ ( in Subhiksha Stores Aashirwad atta) in one year where have we gone down. Pulses dal are in the range of 50-70. Potato from 9 to 11.5 and so on. The list is not ending and i dont see any reason for us to cheer. Newsmakers have got same things to interpret in different ways.Business channels whethers its 18 or profit they create hype over simple issues. Beware investor frieds about mid cap F N O stocks you may hit fortune overnigt and also turn beggar the next morning. Ispat 17.5 call was at 1.5 it CMP was at 14 rs. and 15 put available at 2.5 day be4 yesterday. Write 17.5 call write 15 put and go long on 12.5 put go long on share. A strategy that many players would be using to make money as it seems quite interestingly poised on risk reward side. This is a BOX formed pay off is profitable above 13.2 till the range of 18.5. Its irratonal again "happy investing" but beware market does not allow so easy profit and large range scalability as visible you can burn your hands stick out your neck from this position if you are not high risk player as I did.

Zylog Systems

This stock seems to be at a level which is lucrative xciting and definitely a multibagger. The EPS of the company stands to be close to 50 plus the stock is at a level of 100. The company when got listed was identified as one of the great company to invest and made high of 400 plus. Now with stock market retreating itself I guess the stock is shadowed in BFSi sector but good part about the company is it is giving sustinable growth all the ratios are close to its peers and business model is sustainable in tough times too. With expansion going through smoothly and lttle debt in the company the stock can touch 135 and above provided it holds 94.8 on clsoing basis. Yesterday it make an attempt to give a break out .Today i Guess it ll cross yesterday high and than fresh buying interest will come in. Technically the stok made a low of 61 from where it has gone up by over 67% if i believe technical the stock will give 128% rturn from its lows on a smooth run that iss close to weekly signal on charts too. So tgt of 135 looks achievable provided the accumulation was done by some good investors. Otherwise too look at polaris mphasis and other stocks I guess the valuation play will give atleast 100% plus in 2-3 qrtrs.
Nifty has seen fresh put being built at 3300 levels that is also a resistance level around 3380-3402. Do not get overwhelmed today could be used as a day to exit market is doing more than fundamentals. Though stock are there which can be looked with great respect and buy. i still reteriate a buy on JK lakshmi and unity though it has been up 20% in last two days. Buy such stocks but don get excited if it gives you great returns in short term exit becasue you people do not invest with a sense of owning a business else stay invested in all three.

Aashish

Stock market:Invest as if you want to own the business

The art of Investing is buy low and sell high People who made money are the ones who bought stocks in tough time and made exit when peple were too comfortable with equiy market. Investment opportunities are available in plenty. At this point of time I thought of being an entreprenuer but no i feel I will buy small chunks of the stocks that will be making money for me & buy the servuce of experience management too is free. In this respect i would share two ideas time frame is unknown but it would definitely be a multi multi bagger in bull run. No. 1 unity infraprojects This stk is available wid lot of comfort in terms of Book value and order book. The most reasoable thing about this stk is its valuation less than 2 times its net profit and if I expect that they will not grow by 5% also still the valuation is at mouth watering levels.For full year the stock EPS will be 37 odd next yr it is somewhere in the range of 38.85+ its existing assets worth over 103 plus this means on NAV basis the stk two yrs down the line will be at 176 rs cash level add more the assets and decent order book unexecuted part. The stock will be a doubler atleast from here in less than two years and if bulls go crazy it may command a minimum PE of 6-10 times meaning 3-4 times return from current level. Another stock that interests is J K Lakshmi Cement available at 1.6 PE where its peers are anywhere between 7-8 times decent growth and dividend yield expected due to expansion. PE of the stock less than two thus the stk can be in three figures in six months time currently at 53 . I know difficulty is to time market but the best way is to invest and remain invested. I own definitely an Infra COmpany and a cemet industry common stock as an entreprenuer I am making money in the first year of my investment and my ROE is somewhere in between 30% what else should i ask for. Thank you investors for patient reading but these stocks will hog limelight as these are gems of mine with lot of due diligence and understanding I am recommending you all. Own these business today for reasonable return from Business perspective. Invest for your future today and dont get jittery if it falls in the short term and dont get excited if it gives decent returns. You will mint money in three yrs to 4 yrs atleast twice of what you make in NSC bank Fd or any other instrument ( COnsidered safe).

We need to grow up before we say India is growing

Blame it on ourselves or our representatives who are sitting in Lok Sabha that India stands in a position where it will grow at a rate of 3-4%. Hindu Growth rate is what we were able to benchmark almost 15 yrs before but we dont want to go to that slow level again.
If so educated ones please Vote and choose people who do not promise you a Rice at Rs 2 per kg. Its same for all parties No manifesto talks abt reducing corruption makin it convinient for people to have access to Domestic gas but they in turn give you Television as u r poor. I thank god that Tata Nano 1 lac dream is a failure( assuming base model is useless). U politicians seriously s**k no offense to any party but the main objective is India should shine seeing the manifestos I feel Election Commission should allow purchase of vote atleast that will churn the black money of politicians to common man. We tax payers will not have to suffer the burden of Rs 2 kg a rice or Television. Next election manfesto will have Nano or atleast a honda bike and access to hotels free for our poor brothers but rather than creating oppportnities for this poor brothers of ours these politicians will kill the taxpayers and everyone doubts whether these will will ever actually go to the hands of poor. The definition of poor in party context is the ones who distributed manifestos who were part of rally. So hardly 500 TV and 500 tons of rice but centre will definitely be billed at 10% of total production. HAAHAA its shame on us but the onus is also on us choose the right party with right agenda I did not find any so please hlp me whom to vote for.
I apologize for some harsh statements this is not to hurt anyones belief or sentiments but this is a fact that all this will lead to another scam and the situation we are in I doubt we can take another scar on our face in shrt term Jai Hind