Markets bearish....
Bad sighne evereyday
Us economy slowing down
buy slowly....push money very slowly....
start buying now
IDFC.
DLF,HDIL
Mundra port
Praj Ind
TATA power
TATA Mot
R ccomm
Gremach infra-very imp
JP assco
NMDC-very imp
Punj loyd
HDFC.

results season buy cheaper cheapest

good results season

tor from declines buy for mining sector beautiful set of nos
Ashpura minechem good below 280 as well as GMDC

PRAJ inds still good gremach infra looks good on every decline

in some good pharma pics jupiter bioscisences is good
enjoyy tc:)
if u on cash buy long term upternd is sure
.

Mkts in correction good time to buy if u sit on cash...

hmm
geodesic info good in IT for long term players.....2-3 yrs holding minimum 18 months....
Power grid looking existing at levels lower from here.....
GTL infra looks good......so does......................Gremach infra (at 390).........
Stock specific ideas will be better
Sadbhav recommended at 600 already at 1400 my call hold.....50 PE multiple is fairly priced.........
alll for the day
buy quality pay value......

Its good to see a correction....

It was really nice to see a correction comming in..... This will help to set up a base for the further rise..... I see 20200 back but with fundamentally good stocks........
I hold my target of 22500-25000 for long term players...
Oil looks weak at $ 97 a barrel
Power stcoks look good after a correctioon and tehy might see a good rise from hear too
hence a hold is suggested.
Commidities will make steel sparkle........
Regarding IT everyonewill tell what to do
My answer is that they still grow from 10-15% why not add
they are still holds.........will be rewarded in the long run........
I look Infy wipro satyam HCL tech mindtreee good but ii cant forget geodesic and Rolta on corrections.
We havent finished a bull run nor in its midway is my word but we would like to accumalate stocks where earning visibility is ssen
Evry one having sadbhav engg my call can hold
I maintain a target of 1200, let it test its time in 1000.
Infy looks good on supports near 1625.
I dunno why i love infy :P hahhahahha
To add to the list cairn india looks good above 200+
Mudra SEZ will list take a long term bet on it..............
Thats all for the last blog of the year it seems unless sum suoearnatural occurs
cya tc enjoy

time to buy

buy low PE stcoks
like infy and others
Ril energy is worst hit ...one who goes up comes down qucikly
mkts will come up above 18k

we are indeed in an uptrend but are we expensive?

we have always said that the mkts above pe multiple of 25-26 (17k for today) is expensive but the ease at which we are trading is astnoshing to all analysts. Emereging mkts are always discounted and indeed expensive hence. But we are the second fastest growing economy in the world why cant the discounting be for a long period?
Chinese mkts showed bumper growth and easily trade at Pe multiples of 38-50 which is a result of heavy discounting. The question at pe multiples for us should not be that we are trading at heavy valuations but should be "Are we redefining the word valuation for the Indian economy"
If the answer is if we are the why cant we too trade at 45 PE multiple and if it does i see the mkts above 20000 or more say 25000. The only thing needed is the change of perception for this................. :)

It is absolutley the same mkt the same thing which we see but the lenses will change hence the colors of growth......


So keep a watch on index stocks like RIL(and RCom) L&T SBI Bharti BHEL ONGC.........
They look cheap if we change perception......its upto u too decide...

liquidity problems subside

the market in uptrend due to
1. No global problems like yen carry trade and subprime related liquidity crunch.
2. Overall domestic poletical problems over

So bad news is not there and 9.3% GDp is enough to keep upward momentum intact.. A good news may just put the market in anaother fresh rally where it will reside into the clouds say over 16200 where the floor could be 14850 and trading brsikly above 16500+ where the target could be easily 17150.
But this is possible if both the above conditions atre intact.
Currently the senario according to me is a ytarget of 16000 or 16150 but a good float at 14500.
Value buying lies at 13390 (using Pe multiple calculations)
put in money in the market in good stocks (illiquid stocks midcaps) or might be good liquid stocks which are ot rally driven. Think of stocks as u can take them home and marry them but not as one night strand....
For traders trade is FMCG its safest.(ITC,HUL,GSK cons is betterr)
Among my buys Geodesic info looks good alomg with a hold on elecon lanco and Sadbhav engg.
Buy Power at ur risk and if u have power (those who read my previous blog) hold it at my risk.
telecom looks good to me.
Invest in MF if u dont understand the market trend.......:)
IT looks good as valutaion for long term
I know u have losses in IT dont sell them off.
Add if u trust them and add trusted ones only.
Dont trade in liquid stocks. They are the one largest hit by above problems
Buy futrs keep 15-20% loss bearing capability.
Dont belive in Diwali funda mkt are not emotionals as Indians are.
this is the best time to restructure porfolios do that now.....