Posts

Showing posts from March, 2006

TIPS TO BUY

NIIT tech. went 10% today because of the high divident yeild (5.5 rs per share) and quarter results are about to come.Experts are expecting a high growth rate in this quarter.The target of this stock for short term can be 290-300. INFOSYS is also a good buy for the short term.The target is 3200 .Buy the stock at dips for a big gain :) ACCUSITIONS Shasun Chemicals And Drugs Ltd. has informed the Exchange that the Company on March 31, 2006 completed its acquisition of the Pharmaceutical Custom Synthesis business of the Rhodia group. In this connection, the Company has submitted to the Exchange the public announcement dated, March 31, 2006, titled, "Shasun Chemicals acquires Rhodia Pharma custom synthesis business.". Teledata Informatics Limited has informed the Exchange that the company has acquired 100% stake in Nemera International Company Ltd.,Thailand through its subsidiary.

April stocks

The market is likely to witness cautious trend due to March derivative expiry pressures.Its now good to quit from stocks which gave pretty good profits and enter into new fundamentally strong ones.Next month ie april is the month of quarter results one should enter into good stock whose results will be good.We can discuss some among them. NIIT will be one among them.My next pick is orient hotels which can touch to 450-500 levels from cmp of 360.Also Indian hotels whose bonus issue is likely and another overseas accusition is also to be announced in near future.Aditya birla nuvo will also be a good buy.Real estate stocks are also excellent pick the major stocks Morarjee realities,Mahindra gesco can see some action.

INDIAN HOTELS

Indian hotels likely to issue bonus shortly.so its good to accumulate this stock.SBI has a short term target of 1200 and ACC has 900.

Hindalco

Hindalco -BUY Reasons:- Hindalco expects to post a rise in January-March profit, boosted by higher aluminium prices and a better performance from its copper division, a top company official said on Friday.Hindalco, India's top copper and aluminium maker, had reported a 13 percent fall in net profit in October-December, dragged by a production disruption at one of its copper smelters."Considering aluminium prices were increased, and part of the copper business problems were taken care of, the fourth quarter (January-March) will be better," R.K. Kasliwal, group executive president and chief financial officer, said in an interview.Hindalco said it expects to produce 350,000 tonnes of copper in the coming year to March 2007 and scale up to 450,000 tonnes in the following year. I think its a good buy for short term with a target of 200-210.Experts says it has a strong support at 155.

Good-TIPS

Gateway distriparks -BUY Reason-The announcement of acquisition to supplement the refrigerated cargo bussiness about to happen.Make use of this opportunity.The target is 300 .The decision will be taken within a week. Advice:-Exit from any stock which gave 20% return for short term.

RNRL in lower lock

Reliance naturalgas resources limited is on the lower circuit lock for 2 days with no buyers available.This may continue tomorrow also and slowly it will go to the level 25 or even lower up to the listing price.But the stock is good for long term.As I mentioned in my previous post on RNRL it will the sole supplier of natural gas to RIL which is good to the stock .So investors can buy the stock at the dips. Reliance-Anil Dhirubhai Ambani Group (R-ADAG) has decided to invest up to Rs 1,052 crore in its gas-based resource undertaking Reliance Natural Resources Ltd (RNRL) through subscription of preferential shares. The RNRL board approved the decision to allot preferential shares to the promoters at a minimum price of Rs 25.65, the average market price of the stock for the preceding two weeks. The offer price represents a premium of over 400 per cent to the face value of Rs 5 per share of RNRL. Long-term financial investors might participate in the preferential offer

PROFIT BOOKING?

Sensex touched 11k easily during morning trades but slips down at close.People started booking the profit..Sensex has resisitance at 11000 and if it crosses 11025 then news highs 11100 could be seen and this may happen in few days.The good stock which can be bought at this juncture are satyam,infosys and cadila health care.Reliance communications to raise $500m via FCCB,this news may affect the stock positively.Nitco tiles listed today will be good for long term.Also Kajaria tiles seems to be in good trend.In textile sector bombay dyeing seems to be atrractive.

Long term stocks

In the next financial year many new companies will come forward with their public issues.In this post I would like to specify some sure gainers for the next year.The term of investment should be at least six months to one year. In IT Infosys continues to be the good stock for long term the target may be 3500-4000 in six to eight months.In FMCG sector ITC looks good . In infrastructure GVK power and infrastrucure,In automobile and auto ancillaries Asok leyland,Maruti,Tata motors,Bharat forge,SKF bearings will be the top players.In banking sector BOB,SBI seems good.Textiles will flare up during this financial year the major players like raymond bombay dyeing will gain at the most and the midcap textiles like arvind mills,century textiles will also find new highs .

Stocks for the week

This week the sensex and nifty may see new highs near to 11K.But be cautious as profit booking is also expected as year end is near by.The textile stocks like century tex, and some auto stocks may rise.Also TCS which rose to its 52 week high may rise slight more,up to 2000.Investors can book profit the share which gave more than 25% returns.That is a trading principle.Also I think its good to invest some money in contra fund which closes on 22 th March for long term.Reliance Growth Fund bought 79,93,675 shares of DenaBank during Feb, 2006. Now its latest NFO of Reliance Equity Fund collected more than Rs.5000 crore which is good for the Dena bank whose near term target is about 50.

TCS

TCS hits 52 week high in respose with the BPo deal with citigroup

Bharat Forge

Bharat Forge (BFRG) is the second largest forging company in the world .Its installed capacity nearly 130,000 tonnes in FY05. It is the largest exporter of auto components from India and leading chassis component manufacturer in the world (Source: Company). Bharat Forge manufactures a wide range of critical components for passenger cars, commercial vehicles and diesel engines. On the domestic front, the company's list of clients include Tata Motors, Ashok Leyland, Eicher, M&M, Toyota and Maruti Udyog. On the international front, the client list consists of Volvo, Caterpillar, Toyota, Renault and Daimler Chrysler, to name a few. In the last two years, the company has expanded its presence geographically through acquisitions (in FY04, it acquired two German companies and in 1QFY06, Federal Forge of US was acquired). With CDP and Aluminiumtechnik in its kitty, it has gained a strong foothold in Europe. Auto sector is in a positive mood which makes BF also looks good. It has a stro

Technicals

RNRL Reliance natural gas listed some days back has gained nearly 100%.People who invested in the stock at at lows has gained a lot.Is it good to invest in that stock at cmp?RNRL will be the sole supplier of natural gas for RIL.This is good for the stock,but investors should be cautious as the stock is at its resistance point.RNRL will face strong resistance at 30-32 level,but if it stays at that level for 3-4 days then it can go higher.Otherwise it will come down to 22-27 level or even lower back to 18.So investors should wait for the dip to come and accumulate the stock at 18-20 level.

Stocks for a week.

The sensex is seeing new and new highs day by day.Investors are now confused in when to book profits.The stocks like Pfizer,Infosys,Reliance infrastructure ,NIIT,Tulip IT may see some action. Investors can hold bharat forge Bharti tele ventures for long term.The newly listed Stock GVK is also a good buy.

BUDGET-who gains?

Finance minister presented the Union budget for the year 2006-2007.In this Textile sector ,power sector,engineering sector ,food (FMCG)sector etc are the important sectors to get more benefit.The main stocks in textile like Aditya birla nuvo,eastern silk, will be good buy for short to medium term.The stocks included in power heavy engineering and construction sector are ABB,BHEL.The newly listed stock, GVK power and infrastructure is a good buy for long term.It is good to buy this stock at its dips.Currently the stock is trading below the issue price,which is good to buy at this level.FMCG stocks like HLL,Nestle,ITC etc will be good in this sector.Automobile stocks like tata motors and maruti will gain much in coming days.The fringe benefit tax exemption of free samples is a positive step for the Indian pharma industry.The stocks like CIPLA, Wochardt, Aventis, pizer,GSK,Ranbaxy.The auto ancillary sector is also positive for long term and the stocks come under this sector are Bharat For