Archive for the ‘Stock Ideas’ Category

Stock Watch – GAIL, Hindustan Zinc, Bharti

Monday, November 23, 2009 Leave a comment

Keep an eye on two stocks I had mentioned last week- Hindustan Zinc and GAIL. Both these stocks jumped up today with Hindustan Zinc jumping by almost 10%!

On the other hand, a telecom stocks like Bharti and RCOM are still slipping and I’d advise to stay away from the sector.

Categories: Market View, Stock Ideas

Stock Watch – Jindal Saw, Jindal Steel and Power

Sunday, November 22, 2009 Leave a comment

I have been a big fan of Jindal stocks and have recommended them in the past. Stocks like JSW Steel, Jindal Saw and Jindal Steel and Power are making fresh moves and might trend higher from here. Keep an eye on these stocks and one can enter these stocks to ride the momentum.

Categories: Buy or Sell, Stock Ideas

Stock Ideas – Bharat Electronics

Thursday, November 19, 2009 Leave a comment

Bharat electronics has been a steady performer both in terms of fundamental performance as well as stock performance. The company is steadily growing at 15-20% range and benefits a lot from defence spending. The company is almost debt free and currently doing an EPS of 100. The stock is also trending up nicely and one can easily see 30%-40% appreciation on this stock in next one year. It is very likely that the stock takes a shot at its previous high of 2165 in the coming months.

Metals,Banking,Auto and IT back in focus

Wednesday, November 18, 2009 Leave a comment

Metals stocks have resumed their uptrend after going through a severe correction. JSW Steel is back above 900 while Sterlite is knocking on the doors of 900 and might soon reach 950+. Hindalco too is moving up after correction.

Similarly, a stock like Hindustan Zinc which is play on Zinc, is rising steadily and is now close to 1000 levels.

Although these are high beta stocks, but it is evident now that the commodity cycle has turned again and we might see some momentum on these stocks in the near future.

IT sector is also defying gravity and is trending up. A stock like Wipro which I have been riding since 400 levels has moved to 650 levels in last 3-4 months giving a 60% return. TCS and Infosys also continue to shine and move upward. These stocks have definitely surprised a bit on the upside.

Auto stocks like Ashok Leyland,Tata motors and Maruti which I have been recommending for last few months also continue to give excellent returns. I now see the rally spreading to auto ancillary sector and there are some real gems in the sector that carry huge potential to be next multibaggers.

Banking is another sector which has shrugged off the interest rate fears and are moving up on momentum. it is very likely that market has priced in some interest rate hikes by the RBI in the near future.

At the same time, there have been many sectors like real estate and telecom that continue to drift down. Every rally is a chance to sell. It is very unlikely that these sectors shall begin their uptrends in a hurry.

If you are searching for value, you might find it in some small and mid caps. if you are searching for momentum, then it is better to stick to large caps and ride this liquidity driven uptrend.

Categories: Market View, Stock Ideas Tags:

Stock Watch – Asian Paints

Sunday, October 25, 2009 Leave a comment

Check out how Asian Paints has been trending up nicely. Even after I talked about the stock back in July- August, the stock is up a decent 25-30%  from 1300 levels to hitting new highs at 1700.

Stock Ideas – Deccan Chronicle

Friday, October 16, 2009 2 comments

Print media stocks have really picked good momentum. I’ve had the first look at Deccan at around 100 levels and the stock has quickly climbed to 150 levels. The stock looks a very decent bet in the medium to long term with targets of 200 and 250 possible on the stock. The newsprint prices have fallen and the company has increased ad rates. This might be one of the reasons for change in sentiment on the stock.

Stock Watch – Dabur India

Tuesday, October 6, 2009 Leave a comment

With the markets getting into a corrective phase, investors and traders might put their bets on FMCG sector which is considered a defensive sector.

Dabur India is one stock in the FMCG sector that looks a great bet in the medium to long term. 170-180 is very much possible on the stock in the medium term.