BSE group A Daylevels are available for 10th May -
Still some updates are not available – updates will be normal from 11th June.
Archive for the ‘Stocks to watch (Bullish)’ Category
Website updates – still affected due to India visit:
Saturday, May 8th, 2010Su-Raj Diamonds, Technical Analysis:
Tuesday, February 9th, 2010
Comment & Conclusion:
on 9th Feb 2010, Stock has reported a great volume with close at 51.65 (bull indicator). I think this script has just begun new bull phase. A great buy on every weakness.
Decolight Ceramics, Technical analysis:
Monday, February 8th, 2010
Comment:
A) Last 50 days consolidated arround 11.50.
B) Nice upswing in negative sentiment.
C) Volume has increased substaintially.
Conclusion:
A great buy arround 11.50. Shares was offered at Rs. 54.00 in 2007. New warrents offered at 10.25 (too much dilution)
Recent announcement regarding orders. Bright days are ahead. – Stop loss below 10.00 (closing basis)
HAPPY NEW YEAR:
Friday, January 1st, 2010Overall year 2009 was a great year for stok investors and hope year 2010 will remain the same, still one needs to remain little cautious about their positions and needs to analyse day2day basis until market becomes certain after the 3rd Qtr results. So if the end of the January is in positive , I will expect the end of the year 2010 will be positive, vice versa……..HAPPY NEW YEAR.
20 Stock Picks for Year 2010:
1) Abhishek Industries
2) Meghmani Organics
3) South Asian Petrochem
4) Jindal Polyfilms
5) Fortis healthcare
6) Panama Petrochem
7) Pochiraju Industries
Rishabhdev Technocable (Speculative)
9) Wanbury
10) Sah Petroleum
11) Sahyadri Industries
12) Vardhman Industries
13) Deepak Fertilisers
14) Cat Technologies
15) Decolight Ceramics
16) Amar Remedies
17) Su-raj Diamonds
18) Prism Cement
19) Temptation Foods
20) Value Industries
# Please study the fundmentals of the stocks before investing.
# Buy on weakness with always stop loss strategy.
# Have a patience, and follow the market trend.
# Book profit time to time.
Rishabhdev Technocable, Technical Analysis:
Wednesday, December 23rd, 2009
Comments:
A1, A2) After IPO, last 6 months stock moving averages are between 18.60 – 18.00 (very small price band).
B) Last few weeks average price band is between 18.10 – 17.95.
C) Volume has been picked up recently.
D1, D2) Last few days trading pattern is suggesting somekind of suppressed upward movement, means stock wants to get free from small price fluctuation, but so far it is failed.
Conclusion:
Rishabhdev technocable is neutral to little bullish at this point. Recent announcement will have great impact in coming days. Stock will go higher once it breaks & stays above 18.60. I think it is a good buy for short term. There is very little down side left for the stock.
Safe Bet at this level:
# Promoters has purchased warrents which can be converted into share at 33.00 Rs. They paid 25% = 8.25 Rs. per warrent upfront & remaining amount will be paid on conversion, if they excercise them within 18 months.
# They issued GDR at approx 20.00 Rs. per share.
# In IPO, share was offered at Rs. 33.00
# Last 2 Qtrs, company has posted net sales gain as well as net profit gain.
# Company’s main business has great potential in India and company is having good clientage as per their website.
# Promoters are having good industry experience and they are trying to remain clean as they have posted insider trading code conduct link on website.
Speculative Picks for Quick Bucks:
Wednesday, November 18th, 2009One can watch these stocks and buy on weakness to make some money within 4 – 8 weeks.
1) RISHABHDEV TECHNOCABLE (19.80) TARGET: 23.00 +
2) HAZOOR MULTI PROJECT (4.80) TARGET: 6.00 +
# There is no need for stop loss if you have bought/will buy on current level, but if within 4 – 8 weeks you do not make money and do no not want to wait, please sell on rallies. You will not be disappointed by playing these stocks for short term.
Undervalued stocks to watch:
Wednesday, November 11th, 2009One need to check the fundamental of these stocks to add in the portfolio for good returns within next few months/quarters,
- Amar remedies (Rs. 40.25)
- Su-raj Diamonds & jewelleries (Rs. 46.50)
- Abhishek Indiustries (Rs. 14.75)
- Meghmani Organics (Rs. 15.25)
- Temptation Foods (# little issue with Management) (Rs. 36.25)
- 3I Infotech (Rs. 85.00)
- Prism Cement (Rs. 40.00)