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Posts Tagged ‘JP Hydro Stock’

Markets resume uptrend

Thursday, November 15, 2007 8 comments

Yesterday was a day when markets resumed their uptrend. Now the only hurdle that remains is 6000 on NIFTY. If markets are able to take out that, then 6200-6300 is highly probable. How far we go shall depend on how many people go short on this rise.

At the same time we need to pay specific attention to their risks. Global conditions are still shaky and any sharp correction cannot be ruled out. So if you don’t act greedy, you will do well to ride this. Those who have booked profits at 5000 might feel tempted to jump in and we shall wait for such guys to give in to their temptations.We shall be getting out when such guys shall begin to get in!Its all about taking the right opportunities and managing your risks.As you are competing with the best in the world, you need to give your best.

My old favourites like L&T,RIL etc are doing well and some more momentum might be expected in these scrips. RNRL too is showing a renewed momentum and I have made a re-entry into the scrip. RPL seems to be suffering from “over ownership” and every rise in the stock is met with increased supply. It looks like RPL shall take a long time to regain strength. The price action on Power Grid too was not encouraging.Clearly one needs to keep a close watch on the stock.

One of our earlier ideas-JP Hydro is showing considerable strength and 100-105 looks possible in the short term. That might make it a “doubler” for us in less than three months!Still this might rank well behind couple of stocks that have given 3-4 times in last couple of months.

Now I know many of you(also many market commentators) might say that markets have “overshot” on the upside. I agree but our style is all about taking advantages of such moves(read greed). An Adani might be a bad stock but gave us 200%+ whereas an Infy which is a good stock gave -15%. What do you prefer? We just focus on making more money with lesser risk.

IT stocks are staging some sort of recovery but I won’t be taking it seriously till some real strength emerges. This was was more of a dead cat bounce (similar to what ITC did the other day).

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Stock Watch- RNRL,RPL,Punj Lloyd,PTC,PFC,Power grid,JP Hydro

Monday, November 5, 2007 4 comments

Today the large caps might be moving sideways with a downward drift but individual stocks are trending up nicely.

RNRL and RPL are looking strong. Punj LLoyd, PTC and PFCs of the world are also hitting new highs everyday. All these stocks have been mentioned earlier and remain good bets.

Some big winners -L&T, Divi’s Labs, Adani Enterprises,GE Shipping,RPL,SBI

Sunday, October 28, 2007 6 comments

When the markets are up, it is futile to talk about winners. So lets talk about some big winners today.

L&T-One of our three musketeers is up 10%. The stock has more than doubled since I first talked about it on the blog.

Divi’s Labs- My favourite play in the pharma sector is also up 10% touching lifetime highs.

Adani Enterprises – The stock is one of “really big” winners! The stock has gone from 300 levels to around 850 levels in a quick time. Thats almost 3 times in 3 months! Now I know some of you say that the stock might be rigged but I’d ride till it refuses to come down!

GE Shipping- This was a late entry to the party. The stock is trending up nicely and might be the next multibagger!

Keep also an eye on the SBIs, RPLs and IFCIs of the world.

Those who follow “reasons” are still sticking to the Infosys’ and TCS of the world. They will do anything to “explain” the underperformance and “bright future” of these stocks. I’d jump in these stocks as and when they start to show promise.

Some big winners -L&T, Divi's Labs, Adani Enterprises,GE Shipping,RPL,SBI

Sunday, October 28, 2007 6 comments

When the markets are up, it is futile to talk about winners. So lets talk about some big winners today.

L&T-One of our three musketeers is up 10%. The stock has more than doubled since I first talked about it on the blog.

Divi’s Labs- My favourite play in the pharma sector is also up 10% touching lifetime highs.

Adani Enterprises – The stock is one of “really big” winners! The stock has gone from 300 levels to around 850 levels in a quick time. Thats almost 3 times in 3 months! Now I know some of you say that the stock might be rigged but I’d ride till it refuses to come down!

GE Shipping- This was a late entry to the party. The stock is trending up nicely and might be the next multibagger!

Keep also an eye on the SBIs, RPLs and IFCIs of the world.

Those who follow “reasons” are still sticking to the Infosys’ and TCS of the world. They will do anything to “explain” the underperformance and “bright future” of these stocks. I’d jump in these stocks as and when they start to show promise.