Building Up A Portfolio At A 7000 Level

[supratik]

Advice - Caution

Indian Equities - Downside Risks Building

Domestic inflation is rising rapidly and the central bank has been tightening policy. Money growth is already slowing sharply, which typically heralds a slowdown in Indian's business cycle. With the P/E ratio at 22 (among the highest globally), stocks offer very little valuation cushion to protect against deteriorating monetary conditions and slowing growth.

More technically, the advance/decline line for the Indian stock exchange has peaked, which typically serves as a warning signal for a rollover in share prices. Banking issues appear most vulnerable as they are directly exposed to rising interest rates and the ensuing slowdown in credit demand. Bottom line: long only investors should stay clear of Indian stocks, while hedge funds should watch for shorting opportunities.


Thanks and Regards
Supratik

 

[supratik]

Hi All,

Budget likely to bring favour to Semiconductor Industry. This is already viewed in Moschip Semiconductor – I found only this one – however the company’s performance has not been convincing – if anybody has any other semiconductor industry known – do post it
Suggest all to stay out of the markets till a correct trend appears

Stock view – Pratibha Industries

(Disclosure: To add on I have taken position in the above)

Thanks and Regards
Supratik

 

[ragh_ash]

hi supratik,
any updates on Jupiter Bio.
is it sinking?
regards

 

[supratik]

hi supratik,
any updates on Jupiter Bio.
is it sinking?
regards

Not really sinking - but yes a bearish trend. Hold - SL if required will be intimitated.

Kalindee rail Nirmaan - ooops...stock recommended at 178.

Thanks and Regards
Supratik

 

[birjubanarasi]

Supratik,
Any target for Kalindee Rail Nirmaan?

Regarding similar companies like Moschip, please go to this link :

http://203.199.70.235/equity/quote.jsp?exchange=b&ticker=mosc
And click on the link below with quote :Compare this to competitors/other companies".

Not sure, but hope this helps.

Rgds,
Birjubanarasi

 

[Satyen]

Hi

supratik how is NIIT tech is it in pullback state ?

Waiting u r reply
Satya

 

[supratik]

Hi

supratik how is NIIT tech is it in pullback state ?

Waiting u r reply
Satya

It would be good - but cannot suggest an entry point. NIIT ltd has a strong base point at 600 - even during correction it has stayed above the mark.

I think both have steam left.

Thanks and Regards
Supratik

 

[supratik]

It would be good - but cannot suggest an entry point. NIIT ltd has a strong base point at 600 - even during correction it has stayed above the mark.

I think both have steam left.

Thanks and Regards
Supratik

NIIT Ltd was recommended at 560 levels - hold

Jupiter - hold

A lot of volatility on the counters - dont sell in panic - we will keep proper SL if required.

Thanks and Regards
Supratik

 

[supratik]

Hi All,

The next tip is on Bl Kashyap and Sons – buy on falls at 1150-1200 region.
Accumulate – this is a long term call

Thanks and Regads
Supratik

 

[bhargavhalani]

Hi Supratik,

One should enter in "Gitanjali Gems" at current level?

Regards,
-Bhargav