In the last few days i have not been able to update the blog with posts as Reliance Network issues in my area as well as lots of other work in a new venture which would soon be announced.
Another thing is do we need to look into every move which the market does or focus on making good gains steadily. For the last major report which was given at 16k had recommended a few stocks. Let us see what have the moves been in them.
For the presentation check this post http://www.nooreshtech.co.in/2010/05/sensex-at-16k-global-indices-crude-crucially-poised-time-to-be-optimistic-not-scared.html
Large Caps – IDBI , ICICI Bank, Tata Steel, United Phosphorous,
Small Caps :Dhanalaxmi Bank, Karnataka Bank, Camlin, Kei Inds
For a rough calculation i am taking the price range for the stocks between May 20-25 where it was suggested the bottom would be made. Taking an approx average price of acquistion.
For selling i havent taken the highs of the stock but roughly the current market price
|Stock Name||Stock Price Range||Avg Price||Current Market Price||Points||%ge|
If investors would have allocated money equally into all the stocks the portfolio would be up by 12% in less then a month. I am not even calculating the gains on Nifty futures which was advised and gave 300 points return minimum and as per current levels 500 !
My work of giving good guidance was done but in the end its the readers who need to take a call ! whether they should use the above for their benefit or just keep reading.
The view remains bullish on all the above stocks with medium term view but 75% of the profits be taken of at current levels in ICICI,IDBI,Tata Steel and Banks.Camlin,United Phosphorous and KEI look excellent for long term.
Hope to update regularly from next week.