Archive for May 2011

BEST BUYING LEVELS FOR THE COMING WEEK

Friday Sensex closed at 18266.10 (+221.46) and Nifty at 5476.10 (+63.75)

I think the crucial support level will be at 5340. If Nifty break that point there is a chance for downward trend up to 5170.

If the FIIs and Domestic investors are on the buying side, then market can go up to 5600 range.

The role of FIIs are very crucial. Now they are on the selling side because of the negative internal issues like long term GDP problem.

Domestic institution and retail investors are supporting market in this scenario.

Retail investors should make this opportunity as a buying option. But 2 things they must obey is

1) Invest only in A grade stocks.
2) Invest in a step by step manner.

Below I'm giving buying levels and resistances of various stocks of different sectors. Make investments only in that range. For queries mail me at hari08_indian@yahoo.com

Click on the image to get a clear view
Regards Hari " लोका समस्ता सुखिनो भवन्तु "

BEST TIME FOR INVESTMENT

Indian market closed in red for the third consecutive day because of the negative fundamental issues.

Nifty today closed 5420.60, 18.35 points in red.

I mentioned already that 5400 is the best buying level in this scenario.

So I think this is the best time for investment for retail investors.

The stocks I prefer for the investments are the following.....

# Reliance Industries: Today it closed at Rs.901.85 (NSE). This is the best time for investment in RIL. The issues which are related to RIL will not affect the performance for the long term point of view. The immediate resistance is at Rs.1040.

# Yes Bank: Today it closed at Rs.281.85 (NSE). We can make investments in this range, because this is one of the leading private sector bank. Immediate resistance is at Rs.330.

# IDBI Bank: Today it closed at Rs.132.05 (NSE). The bank has announced a good quarter result. This is the best level for investment.

# IFCI: Industrial Finance Corporation of India is another stock which is advisable at this point. Downside risk is very low for this stock. Now it closed at Rs.48.15 (NSE). Immediate resistance will be at Rs.60

Regards Hari " लोका समस्ता सुखिनो भवन्तु "

EXECUTIVE BRIEFING

Sensex today slipped down to 18345.03, 186.25 points in red and Nifty to 5499.

I mentioned day before yesterday that since the fundamental sides are weak, this is not the time for investment. The perfect entry levels will be between 5340 to 5400.

The sector wise analysis is given below.

BSE Auto

Index Value: 9,152.70
Change:Down 69.27 (0.75%)

 Bankex
 
Indexvalue:12,441.84
Change:Down 148.33 (1.18%)

BSE Consumer durables

Index value: 6, 223.99
Change:Up 13.75 (0.22%)

BSE IT 

Index value: 5, 994.09
Change:Down 45.51 (0.75%)

Regards Hari " लोका समस्ता सुखिनो भवन्तु "

                                                

BEST BUYING LEVELS FOR THE COMING WEEK

These are the best entry levels and immediate resistances for various companies from different sectors.....

(Please click on the above picture to get a clear view)
Please make investments only in these entry levels. Profit booking is advisable at the resistance level for retail investors.

I advise step by step investment strategy. Any queries please mail to hari08_indian@yahoo.com

Regards Hari " लोका समस्ता सुखिनो भवन्तु "

EXPECTATIONS FOR THE COMING TRADING WEEK

Friday Nifty closed at 5544.75, 58.60 points in green.

Expect correction next week. Because the fundamental side is not good.There are so many reasons to believe that.

#First thing is that Q4 result of various companies was not so good.

#Inflation is still not in the control, the rate will again increase in the coming weeks because of the price hike in petrol.

#High crude oil price.

#The problems and controversies associated with the issues of long term GDP growth.

#FII's are now on the selling side.

In order to start the money flow into the Indian market by FII's, the government should take necessary actions.

I think the major support level for Nifty will be 5680. This level is very crucial. There is no chance for crossing that limit in this particular scenario.

Good investment point for retail investors are in the 5340 to 5400. Observe these levels and make appropriate decisions.

Current buying is not advisable in the current market level, because the downward trend will continue at least for 1 month.

Regards Hari " लोका समस्ता सुखिनो भवन्तु "

ANALYST DIARY

These are the stocks that gained high during March 19 to April 19.

# KSB Pumps: The price went up to 288.50 from Rs.238. Hike of 21.22%. KSB pumps are the major manufacturer of industrial pumps. They offered a 1:1 bonus. This stock has a EPS of 33.5 and a PE of 8.39.

#PBA Infra: The price went up to 87.95 from 56.85. Hike of 57.43%. This is one of the major companies in the civil engineering field.

#Kanoria Chemicals: The price went up to 54.25 from 26. Hike of 89.70%. The news that Aditya Birla chemicals are trying to buy the Chloro chemical division of kanoria chemicals is the main reason for the price hike.

#Compact Disc: This is the biggest animation company in south asia. The price went up to 60.40 from 38.80. Hike of 58.76%

#AP Paper: Andhra paper mills company has a capital base of 502.95 crores. Price went up to 364.90 from 156.10. Hike of 135.04%

Regards Hari " लोका समस्ता सुखिनो भवन्तु "