Sensex continues to stay near to the 15600 area without being able to close above it for 2-3 days...Support at 15320-15350 .. Only on close above 15600 will open up to new highs....But in the current volatility lots of stocks have continued to perform and give returns....Be stock specific with stoplosses to conserve ...Simple strategies and good opportunities..
Review of the investment picks :
GEI Inds co recommended for investment many times at 75-80 levels does 100 + ... Continue to hold though it is 25-30% up ...
EMkay shares does 163 close to our tgt of 165
NTPC recommending for so long does 195 .....Torrent Power given at 70 levels does 93 .... Reliance Energy reco given from 590 to 870 ,Tata Power frm 640 and 680 to 740 ( this is soon gonna rock ) , JP hydro given at 38 now at 52 , no dont book profits , Power stocks we maintain highly bullish view... All have given 25-30% returns smoothly ... Neyvyeli Lignite written yesterday above 87.5 breaks out today hits 93 ...Suzlon next power pack ( written 3 days back Suzlon looks a good buy on declines till 1260 stoploss 1235 for investment tgt 1325-1400)
Walchandnagar inds back to 3000-3200 recommending consistently from 1600 levels.... Still hold for a our 1yr view and enjoy the ride...double aur kya chahiye ...bonus , split in next 1 yr
Elecon Engg hits 680 from our levels of 550 ...hold on ..Indo tech hold .... MIC electronics frm 425 to 490 book here.. KLG systels frm 440 to 490 hold , Genus overseas frm 450 to 550 book ..
Just listed a few of the performers
Duds in the period shiv vani down 15% , SRF which we exitted at 6-8% max Nectar Lifescience at price , Solar explosives up only 5-8 % ..dont remember the losers much as stoplosses are generally close ...
Investment Stock ( long term category new ) :
Mercator Lines ( cmp 62.20 0
Gr8 fundamentals and large capacity of vessels which is consistenlty being increased ...Singapore subsidiary ...
can be bought in declines till 56 levels for 6 mths to 2 yrs ..tgts could be 50-100% appreciation
Disclosure : Recommended to clients at 53-55 for investment , Added 2 days back at 60 levels
Stocks to watchout for :
HDIL as said above 545-548 could see 5-10% spurt which should be done in next 2-3 session ...ddid 564 today
Tata Power keep a stoploss of 710 for a tgt of 760 and 790 in next 2-3 weeks
Aban Lloyd stoploss of 2910 tgt 3040 and 3150
Weird small cap ideas :
Birla VXL ltd
Another stock which is seeing good buying at lower levels ...Just going through the shareholding pattern shows this
Madhuri Kela 1000000 1 .45 %
If my guess is right its wife , daughter etc of Madhusudan Kela ...he is one of the big fund managers and investment guru.....Well if this is right then something coooking
For subscription to our client recommendations check http://analyseindia.blogspot.com for details