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Posts Tagged ‘L&T Stock’

NIFTY at 2009 highs -What next?

Monday, August 31, 2009 Leave a comment

NIFTY has so far behaved according the expectations. Seven consecutive days in the green!

Last week’s outperformers included stocks like L&T and stocks from oil and gas. (Aban offshore in particular) . Also one of my favourite large caps Infosys Technologies is leading from the front. Sometimes, my predictions do go right!

The bears got no favourable support from the global markets and are still licking their wounds. They might launch a big attack sometime this week to scare away the bulls. As stock market trading is more of a mind game, this might again create doubts in the minds of some players. I’d use any such correction to add some potential rockets.

I had suggested last time that one should start thinking of hedging once NIFTY starts to move beyond 4700+ levels. The best way might be to sell higher level call options (covered call strategy) just in case you wish to keep your long positions.

I have some big targets in mind for this current upmove. So let’s be a bit more greedy but also keep a sharp eye on our risk. If you go overboard or leverage too much, you might gift away this advantage.

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Categories: Market View Tags: ,

Market update-Stocks to watch

Thursday, July 23, 2009 Leave a comment

In this rally, it might be a prudent strategy to stick to the large caps like Reliance, SBI and L&T. I am saying this because the volatility might be too high on small and mid cap stocks.
In terms of sectors-capital goods, banking and pharma look the best. In pharma stocks like Dr. Reddy and Cipla are hitting new highs, which is always a good sign.
The most critical thing will be manage the high volatility and make a timely exit. If NIFTY picks up momentum after 4700, it might be a good idea to hedge by selling some out of money call options. Alternatively putting tighter stops will do the trick.

The macroeconomics of Indian economy are improving as is evident from the fact that infrastructure sector is picking steam again. As last bull market was driven primarily by capital spending, market participants (read FIIs) might see it as a good sign.

So ride the wave but always look around for danger signs.(like 4250 on the NIFTY or a rise in upside volatility)

Stock Watch -RPL

Thursday, November 1, 2007 7 comments

Do you remember the time when I talked about RPL at 100 about three months back and the stock again found mention in September at 120 levels.
The stock has already touched 260 levels. Thats 130%+ in three months! Did you even dream such a run? Don’t underestimate the power of trends.

L&T ,RPLs and Reliance Energy’s of the world are powering this market and might continue to do so!

Categories: Stock Ideas Tags: ,

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.