Building Up A Portfolio At A 7000 Level

[ssnkumar]

Hello Supratik,

I have taken:
1. Suryalakshmi Cotton
2. Areva T&D
3. Shanti Gears

Can you please give me the target for these and how long I have to hold these?

Regards,
Narendra

 

[vinsu]

Hi Supra ,

Any S/L for this , cmp is 253 ,
Thanks
Vinsu

Orchid Chemicals Q3 net zooms 402.7% at Rs 28.96 crore
Source: IRIS (19 January 2006)
Orchid Chemicals (Q, N,C,F)* & Pharmaceuticals Ltd`s unaudited results for the quarter ended December 31, 2005 is as follows:

The company has posted 402.77 per cent increase in net profit to Rs 28.96 crore for the quarter ended December 31, 2005 (Q3 FY 05-06) as compared to Rs 5.76 crore for the quarter ended December 31, 2004 (Q3 FY 04-05).

Total Income has increased by 37.48 per cent to Rs 238.10 crore for Q3 FY 05-06 from Rs 173.18 crore in Q3 FY 04-05.


I would recommend a buy on this counter.
CMP 258. 52 Weeks high 289.

Target 340. No SLs recommended currently.

Thanks and Regards
Supratik

 

[pnbalaji]

Hi Supratik,

I was about to ask the same question. I bought orchid chemicals at 257.4. Anyway, I am planning to hold it for atleast a month or two before making any calls.

Thanks,
Balaji.

 

[getmanoj]

Hi,
I want to make a portfolio of around 1 lakh ...and have selected few companies ..... can u suggest, if it is fine or should i restrict myself (should start with less amount) ...i am totally new in this area...although following this forum and some other for last 2 month ...i want to invest with a long perspective and decent returns......
plz. advice me if my selections are good......
1) Reliance industrial Infrastructure
2)Zensar technology
3)Kernex microsystem
4)TCS
5)Bajaj Auto
6)ICICI
7)Aarvee denim and exports
8)Bharat Forge (?)

can u advice me when to enter into the market ..... i mean how should i determine the price for any stock ?

Thanks,
Manoj

 

[supratik]

Hi All,

My inter has been completely down the whole day, so could not attend you all.

Regardsing Orchid Chemicals, my advice has been soleley because of outstanding results. I have tracked this script long and looks like it has a high resistance at the 260-270 level. A break out from these levels would take the counter to 340 levels easily.

Areva is one counter which in the recent correction went down to 330 and in a weeks time back to 380s. This counter is an appreciable counter in respect to the share holding pattern. Check it out
The counter has also performed well in the past results and there is a lot of mutual fund activity coming up in the counter(as seen in the volumes).

SuryaLakshmi Cotton in a consolidation phase(as it looks to me). Keep patience

I would suggest a hold on all the counters till they show a clear trend and wait till the results are announced.

It would of great help guys if you all could contribute to knowing the results and posting them in this thread. That would also help me in keeping an exit target.


Manoj,
Looks a wonderful portfolio but would comment on them a little later.

Thanks and Regards
Supratik

 

[ragh_ash]

hi supratik,
regarding GAEL , doesn't look all that pretty on near term charts, but ofcourse seniors like Saint Amitbe and Karthik can throw more light.
What is time frame u have in mind for this counter?
regards
ps : I have already taken exposure to Orchid & Shanti gears.
Is Suryalaxmi cotton still attractive to enter?

 

[supratik]

You could wait on SuryaLakshmi Cotton Mills;a nice breakout would take the counter to much higher levels.

Also wait till quarter results are announced. Do remember that the textile counters are also facing stiff competition.

Thanks and Regards
Supratik

 

[nn0023]

Supra
Ur Call On Crompton At 645/= Levels Has Touched A High Of 910/=
Congratulations...........

Thanks & Regards

Nandan

 

[garun1979]

Hi All,

My inter has been completely down the whole day, so could not attend you all.

Regardsing Orchid Chemicals, my advice has been soleley because of outstanding results. I have tracked this script long and looks like it has a high resistance at the 260-270 level. A break out from these levels would take the counter to 340 levels easily.

Areva is one counter which in the recent correction went down to 330 and in a weeks time back to 380s. This counter is an appreciable counter in respect to the share holding pattern. Check it out
The counter has also performed well in the past results and there is a lot of mutual fund activity coming up in the counter(as seen in the volumes).

SuryaLakshmi Cotton in a consolidation phase(as it looks to me). Keep patience

I would suggest a hold on all the counters till they show a clear trend and wait till the results are announced.

It would of great help guys if you all could contribute to knowing the results and posting them in this thread. That would also help me in keeping an exit target.


Manoj,
Looks a wonderful portfolio but would comment on them a little later.

Thanks and Regards
Supratik

hi Supratik,

Update on Orchid Chemicals....

Orchid Chemicals receives US FDA approval for Cefoxitin Injection ANDA

News Body:
Orchid Chemicals & Pharmaceuticals Ltd has announced that it has received the formal approval from the USFDA for its ANDA (Abbreviated New Drug Application) for Cefoxitin for injection, 1 gm/vial and 2 gm/vial. Cefoxitin is the generic version of Merck's Mefoxin. The Company is launching this product in the US exclusively through Apotex

The Company has till date filed 21 ANDAs and 26 DMFs.

"We are extremely happy about this product approval. Though Cefoxitin has been off-patent for a while, Orchid is the second generic company to enter this product space and hence we expect a good market-share and revenues," said K Raghavendra Rao, Managing Director of the Company.

Rgds
Gaurav

 

[supratik]

Thanks guys.

Crompton Greaves still a hold. Won order worth 1500cr(likely)

Thanks and Regards
Supratik