Friday, January 25, 2008
Thursday, January 24, 2008
Tuesday, January 22, 2008
for investors
RCOM is a good bet at cmp 575
target 650 this week and 770 soon
here the stop loss in very difficult to me but i think
a 5%loss is affordable when you expect a 30 % gain
so sl 545
For investors
To my opinion this is the time to start investing in the market. Surely. Why I think so coz, the worst seems to be over now and most of good fundamental stocks are at realistic price. It is futile to say the market direction at this point but even if the sensex take another six month to reach 21k there are many stock which can give 30 to 50% to the investor. Caution at this time is to take to be stock specific (see only bajajauto is the gainer in bse 30). and a strict stop loss to be followed. it is ones comfort level and it may be a pervious low or any percentage one can afford. And don’t expect some one to pull the trigger for you.
For eg: RCOM I propose at around 800 in many forums with a sl 772 is reached below 500 ? today. all my stops hit and fell further down coz the market find its reason to fall when it reaches to peak and it doesnt care any good news when it is falling. Forget my target> 850. Can it not come 650 (next resistance)and then 750 in six months? Sure it will. Don’t dare to post a chart now it all looks so disgust.
I am not advocating any trade but explaining the general situations now. I am glad to post my views on the forum to share with all my friends and know their comments on investing at this time of fear.
Regards to all.
Friday, January 18, 2008
Tuesday, January 15, 2008
Reliance Communications Ltd was in news taht, Government of India, has made allotment of Start up Spectrum to the Company for providing GSM services under the Unified Access Services Licenses (UASL).
This is in addition to the Company's existing CDMA services. Accordingly, the Company will, in due course, offer nation wide GSM services in addition to its existing CDMA services
could be pick arround 800
traget :858
stop loss: 772
and the pharma and drug makers will gain more now. i have some
Friday, January 11, 2008
Thursday, January 10, 2008
ZEE
new listed
Burnpur Cement on Thursday got listed at Rs 15 on the National Stock Exchange at premium of Rs 3 (25%) to the issue price of Rs 12. The company had offered 219 lakh shares at Rs 12 per share in the initial public offering, which was subscribed 15.19 times.
Burnpur plans a 800 tonne per day capacity clinkerisation and cement grinding unit at Patratu in Jharkhand, expandable to 1,600 tpd. It will manufacture clinker, ordinary portland cement, portland pozzolona cement and portland slag cement
First day traded 1527 lakh shares in NSE
sonasofware
Tuesday, January 08, 2008
dcmshricon brkout
DCM SHRIRAM CONSOLIDATE BREAK OUT
TRGET 125. STOP 93.
There was some news about DSCL in the early December that itis developing its Hydel Power Business and has set up a subsidiary namely DCM Shriram Infrastructure Ltd for pursuing this business. This Company has recently bagged a 108 MW Hydro Power Project at Chhatru in Himachal Pradesh under competitive bidding, and is progressing this project further
also watch lokesh machines
and ucal fuels
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