Our Favorites for Medium Term – Clutch Auto,Rishi laser,Prakash Inds, Core Projects
In the last few interactions in various seminars/exhibitions and meetings with people have been recommending few stocks which may not have been discussed on the blog in similar manner.
Mumbai Seminar 1: FSL at 27/31 did 38 , Hind Oil Exp 200 to 400.
Ahmedabad Seminar : IDBI at 105 did 135 , Prakash Inds 140 did 170.
Pune Seminar : Mahindra Ugine , Rishi Laser , Satyam gave good moves
Mumbai Exhibition : Prakash Inds 152 to 180 , Core Projects 170 and still on.
Mumbai Seminar 2 : Prakash Inds , Rishi Laser , Core Projects , Clutch Auto
So now i would like to list out the detailed analysis on why we are so bullish on the above stocks with technical and fundamental reasons.
Core Projects :
Already recommended at 173-175 previously and maintain the short term technical call on the stock. The stock can outperform also in the months to come.RISHI LASER :
With a market-cap of 35 crores and presence in the industry with various installations all over India seems and interesting turnaround story.
Already recommended to clients at 40 with a detailed report.
PRAKASH INDS :
PRAKASH Industries, think steel, power, mining, ferro alloys, pvc pipes & wind energy!! Its financials are good enough and are still set to grow exponentially in next few years to come. Prakash industries is a next mini Jindal Steel & Power in the making.
Have been initiating short term trades ever since 110/135/154. Last had sent a sms to all Blog readers who registered at 154. Also Clutch Auto was messaged with booking on prakash Inds at 170-180.
Technically one can expect a tgt of 195/220 in next 1-3 months.
CLUTCH AUTO :
A company in the business for 3-4 decades with major sales towards commercial vehicles in the domestic segment.
At a market cap of 70 crores and a book value of 86 it gives a good amount of safety over the long term.
Technical views posted on the chart. Buy on current levels and declines till 40. A sustained closing above 48 could take the stock to higher targets in quick time.
SENSEX the next MULTIBAGGER .... a technical view ....
Planning for a Banglore edition on January 9. Would like to know if people would be interested. If yes please send in a mail to firstname.lastname@example.org. The seminar is open to all 🙂
TECHNICAL ANALYSIS TRAINING SESSION SCHEDULE:
26th /27th December ( only 5 seats left )
January 9-10th . ( Confirm at the earliest as we dont take more then 10 ppl )