As I wrote , market is making a good comeback.
There was actually no room for the market to go down.I wrote that here very categorically that market has moved down by over 50% , ofcoure individual stocks and there is no use selling them now.Instead it is a buy time....and gave a list here and I think allmost all are up from 20% to 80%......and all these return has come in just a month......that is outstanding by any parametres...
The first sign was seen when market shrugged off some real bad news and went up...which I also pointed out here.......and again on Monday it ignored CRR hike and went up.It means value buying is happening.....so getin before the whole world gets in....
Ignoring CRR hike which was 50 point basis...was a terrific effort from the bulls and they have been abl to keep the upperhand on Monday.
I think once it touches 5300 nifty then I think it will be very difficult for the market to break 14700.....as if we reaches 5300 means over 17300 then any correction of 2000 points in Sensex will be enough again to bounce back from that level, which come at 15300 level....
Well,as I said early market should recover ......and we may see sensex crossing 17200 and going much higher around 19k level............by May/June.....
But I still feel it is time to buy stocks which are still available at discount from the pevious high and have good fundamentals......
Readers has asked me about Ispat Ind and I have answered it reasonably.But none seems convinced.....but if one is tracking then it has given a positive breakout and should move this week also......as it is now the only stocks which has to move .....as Nagarjun Ferti,Tata Tele,Chambal Ferti ,JP Hydro and likes has already moved....Ispat is yet to move.....and I am sure it will move...
Well, I am giving two low price stocks.One is Super Spinning and other is Manali Petro.
Well, Manali Petro though has given bad results has declared 10% Div and that shows the confidence of management in it.....
On Super Spinning though it is making loss it has a very good management.Super Spinning can become a dark horse anytime.
I think both these stocks can double in a year time.....
as usual I would write , do due diligence before buying anything...I can only show the way...to go through it depends on you.......I can point the fingure, can't held your fingures and pass you through...
hi rajeev,
ReplyDeleteyes ttml seems to be having a good breakout n thanks to u i bought more @29.what do u think about rakesh jhunjhunwala,s interview,news papers r giving it a lot of importance to his statement that market will have a deep correction.what do u say cause i feel the interview as a whole is not that discouraging as the headlines.hope bears r not trying to create panic again.
raima
Dear Raima,
ReplyDeleteYou are right.Bears are trying to create a panic while emphasizing what RJ spoke to Udyan.
Yes,RJ is not that much bearish as much media ha highlighted his view.It is all manupalation at it's peak....
Bears will try to do all such things so break the sentiment but as I wrote ealier there is autally no room for stocks to godown except som which are still at high p/e ....
4500 nifty means 14700 and that must be the bottom....
I will be psting his interview in near term and will also give comments at the end.....
But Investors has not to worry about his interview and that is for sure.
dear rajeev bhai,
ReplyDeleteActually i don't want to show that i have not mad profit on ur call.
let me tel u some recent +ves.
i have recently bought some script from ur list.
1. on ispat as i have ask the Q. and after reading ur comment i have convinced and bought it at 29.5 .
2. recently i have added TTML at 33.70.
3. assam company i bought at 25.5.
now let me tel u i have recovered well because of ispat and i bought it just because of ur call.
one more thing i want to ask abt. assam company at wat price we can add it more. i bought it at 25.5.
thnx for ur gr8 timely call. this time ur buy call is at right time and i have mad entry at right time at 15000 :).
some more script i have bought recently please give ur view about all.
1. walchand nagar at 380.
2. garware walrope 121.
3. yuken india at 181.
4. rama papper at 23.4.
one more Question should i book part of profit.
Ahmed
means is it right time to book part of profit?
ReplyDeleteAhmed
Hi Rajeev,
ReplyDeleteCan you add feed burner to your blog. So that we will be getting mail as soon as you update ur blog.
Thanks
siva
Dear Rajeevji,
ReplyDeleteI seek your opinion about SUJANA UNIVERSAL INDUSTRIES. What is the future of this stock. Now it is available around Rs.13/- and its FV is Rs.10/- Awaiting for your comments.
Thanks, Jayapal
Dear Jayapal,
ReplyDeleteI once recomended Sujana Uni at mmb.It has underperformed.But they are going in right direction, only drag is the eq is getting bigger and bigger.
That is the only reason it is not moving.....
Hi Rajeev,
ReplyDeleteIs it the right time to buy Spice Jet?Crude is moving up everyday,but still Spice jet is at year-low.This is for long-term.
Can you advise on this?
Regards,
Sambath
Hi Sambath,
ReplyDeleteYes, Spice Jet is looking good for LT also keep a watch on Taneja Aeoro....
Hello Mr.Rajeev Desai One of your earlier picks Asian CERC looks like Fortis financials is buying nearly 28% stake in it. Any idea on the share price of this aquisition. The stock at the present moment is at 100-105 levels and i have a small exposure in it in this price band. I also have picked up Sujana Towers in this fall after reading your post. Thanks and regards..
ReplyDeleteHi Juman,
ReplyDeletefor the stake price of 28% by fortis just go to bseindia site and u will find at what price Fortis is buying Asian CERC.
But I like Asian CERC as it is having a model just like Financial techno,.....viz:making softwares for stockmarkets....and brokers and exchanges.....
Hi Rajeev,
ReplyDeleteI have used one of the earlier post sent by someone to collect details of all your Reco's and the reco prices. I have updated the latest CMP of those and also tried to have the % changes between your reco price and CMP.
Hope this will be of some use to fellow boarders who visit your blog.
In case there are some specific stocks that you like in particular, please let us know. I am sure it will be of great help as the list is quite big.
Name Reco Price CMP % Change
Avantel Soft 60 -100.00
Patel Logistics 55 -100.00
SEMAC 210 280 -100.00
JCT Ltd 19 8.05 -57.63
Crest Animation 140 67.80 -51.57
HOV Service 200 97.00 -51.50
Ang Auto 188 102.00 -45.74
Sujana Tower 200 112.00 -44.00
Khaitan elec 117 67.20 -42.56
Assam Company 45 26.00 -42.22
Ontrack Systems 24 14.30 -40.42
Khandwala security 80 49.55 -38.06
Sahyadri Ind 70 43.50 -37.86
Prithvi Info 270 171.00 -36.67
Innocorp Ltd 40 25.60 -36.00
Parsvanth developers 350 226.40 -35.31
KIC Metaliks 72 46.70 -35.14
Tera Software 85 56.55 -33.47
Spice Jet 60 40.15 -33.08
Stone India 130 88.00 -32.31
DMC international 20 14.23 -28.85
Raunaq Auto 28 20.20 -27.86
Taneja aerospace 170 123.00 -27.65
Vadilal Industries 70 50.70 -27.57
Omaxe 320 232.00 -27.50
Panoramic Universal 110 83.50 -24.09
Frontier Springs 20 15.55 -22.25
Cybele ind 28 21.95 -21.61
Transgene Biotek 66 51.85 -21.44
RPG Cable 50 39.95 -20.10
Cubex Tubing 70 56.00 -20.00
Pitti Lamination 65 52.00 -20.00
Abc India 55 44.50 -19.09
Avery India 72 60.40 -16.11
Transport Corporation of India 115 96.75 -15.87
ITH 170 148.00 -12.94
Precision electronics 40 35.00 -12.50
TTML 42 36.95 -12.02
Nirlon 80 71.00 -11.25
Gateway dsitriparks 130 115.45 -11.19
Austin Engg 107 96.00 -10.28
IFCI 68 61.50 -9.56
Garnet construction 52 47.90 -7.88
Kalindi Rail 310 294.50 -5.00
IDBI 110 104.75 -4.77
Flex Foods 23 22.40 -2.61
Jain Studio 22 22.00 0.00
Manali Petro 15.03 15.03 0.00
Super Spinning 16.21 16.21 0.00
GMR Infra 160 161.25 0.78
Alfa Transformer 70 70.75 1.07
Anjani Portland 35 35.55 1.57
FCS Soft 80 83.05 3.81
SREI Infrastructure 140 146.00 4.29
Surya chakra Power 25 26.30 5.20
Epic Energy 150 159.00 6.00
Time Techno 772 824.00 6.74
Kirloskar Ferrous 40 45.90 14.75
Pratibha industries 280 345.00 23.21
Bilpower 170 212.00 24.71
Kerala Ayurveda 45 58.40 29.78
IMP Power 130 170.00 30.77
Ess Dee Aluminium 400 524.00 31.00
Satvahan Ispat 45 59.00 31.11
SAAG RR 40 53.10 32.75
Artson Engg 40 53.30 33.25
Dr Agarwal Eye 40 55.00 37.50
RTS Power 120 166.00 38.33
Bartronics 120 168.00 40.00
Usha Martin 60 95.25 58.75
Shivani Oil 350 570.40 62.97
Marg Const 160 265.00 65.63
K Sera Sera 17 28.35 66.76
MSK Projects 65 109.00 67.69
JMC Project 170 300.00 76.47
Jayaswals Neco 23 42.10 83.04
Vakrangee software 130 238.50 83.46
XL Telecom 132 258.00 95.45
Tata Power 670 1325.80 97.88
Kaverri Telecom 110 232.00 110.91
Maestros Mediline 17 40.70 139.41
Rohit Ferro 40 101.75 154.38
Selan Oil Explorataion 80 230.00 187.50
Any incorrectness is purely unintentional :-)
Regards
Raja
Hi Rajeev,
ReplyDeleteJust wanted to know what you think of one of your old reco's: Pittie Laminations.
Is that still in your Buy list?
Regards
Raja
Rajeevji,
ReplyDeleteMay you please let us know about Manali Petro for buy at present level around 13.5?
LL,
ReplyDeleteManali's eq is 86 cr and np for last year was 21 cr.
Do you think Manali will be able to make 43 cr np this year and hence 11 cr every qr?
If Manali makes 43 np then the eps can come to 5 and hence the price can touch 50.....
If you have confidence of that, then go ahead and buy it....