Query @ Anid_007

[judemit]

Hi Anid,
Nice to see you putting lot of time and hardwork in replying to all queries posted on your thread. Good Job, keep it going.
Please post your views on IT sector for long term, specially Infosys and TechM (i have a position in these two scrips).

Thanks in advance,

Jude

 

[striker_rage]

Almost forgot to thank you anid sir.....thanks you very much and do keep up the good work.

 

[ranesh_bsnl]

Hello Anid

i am new to stock market. i am watching the stock market for past few weeks. i want to do stdies of stock merket in a systematic way step by step. please guide how can i study the stock market. from were should i start, i want to learn everything from the basics to studing charts and doing technical analysis. because i do not want to do trading on tip basis, i want to become self sufficient to do analysis the market myself and do the trading. kindly reply to my post in detail. it will be a great help to me. i shall be very much thankfull to you. please reply to me soon.

 

[Anid_007]

Hello Anid

i am new to stock market. i am watching the stock market for past few weeks. i want to do stdies of stock merket in a systematic way step by step. please guide how can i study the stock market. from were should i start, i want to learn everything from the basics to studing charts and doing technical analysis. because i do not want to do trading on tip basis, i want to become self sufficient to do analysis the market myself and do the trading. kindly reply to my post in detail. it will be a great help to me. i shall be very much thankfull to you. please reply to me soon.

Sure.Good Approach!!! Give me some time. it will be nice if you can PM me your mail id. I can send some documents.

 

[Anid_007]

Almost forgot to thank you anid sir.....thanks you very much and do keep up the good work.

Welcome...The Pleasure is all mine

 

[Anid_007]

Hi Anid. U are doing a gr8 job here.. Keep the good work goin..

can u please advice me on shardul securities.

This scrip is movin in an upper circuit since 5 days. almost 100% returns in 5 days. i have 100 shares @ 58rs.
should i hold or exit?

Thank u

Its good for you. But I am not tracking this scrip. Make your own call for profit booking. anyways 100% in 5 days is quite rocking

 

[Anid_007]

Hi Anid,
Nice to see you putting lot of time and hardwork in replying to all queries posted on your thread. Good Job, keep it going.
Please post your views on IT sector for long term, specially Infosys and TechM (i have a position in these two scrips).

Thanks in advance,

Jude

Aha!! At last some asked on IT sector. I myself in IT since last years in India. Was in Patni for 2 years. Now in a French MNC for 1 year. Will give my detail analysis on those two scrips very soon.

 

[Anid_007]

Hi Anid,
Nice to see you putting lot of time and hardwork in replying to all queries posted on your thread. Good Job, keep it going.
Please post your views on IT sector for long term, specially Infosys and TechM (i have a position in these two scrips).

Thanks in advance,

Jude

The IT sector in India is Victim of wrong viewpoint on rising rupees against Dollar. Most of the seasoned broker are already accumulating the branded stocks in great discounted rates.

After spending 3 long years in IT companies as a professional I have a far better insight, than what I could have if I might have been a normal analyst.

The issue of rising rupee is an issue, but only for small companies who don’t have clients from diversified global position.
But when you think about CMM Level 5 standard IT companies, Like WIPRO, SATYAM, INFOSIS,HCL,PATNI , you think about their order book, current sales, operating profit, you will simply laugh when someone speculate about their prospect.

An IT engineer like me, would have earning an minimum AVG of 90k US Doller to 110 USD per year in US or UK or AUS (That is avg of 35 lakh to 43 lakh INR per year). I have my friends who left India and working there in such salary.

Whenever I traveled Outside India on project, I have seen IT pros earning in similar way.

But when you compare a Software engineer in India with similar experience he earns only 6-8 lakh per annum.

Just calculate the operating profit of Indian MNCs now.

So think –even if dollar rises, will this reduces the offshoring opportunity. No. A big Nooooooooooo.

An average software engineering student gets at least 2-3 offer letter from big companies in final year , before he completes his study.

A much greater threat the IT Company posses is resource attrition, that is an experience resource leaving old company and joining other for better package.

Situation will be completely different after 1 year. You will see the IT stocks are again sky rocketed.

Further, there are certain companies in India which have business well spread in EU region, so more immune to the rising rupee syndrome.

Let us see the top to bottom order Companies Indian IT sector much Dependant on USD.

1. Satyam
2. Patni
3. Infosys
4. Wipro
5. HCL Tech

Tech Mahindra is totally bases on UK based client. So it is only down from its high because of wrong sentiment about the sector. Just see the quarterly result and see the upsurge again.
If I have money to invest, my pick will be Wipro, Satyam and Infosys. If I Have position in other share, running in loss, my call is hold.

One thing keep in Mind that Share market goes by fundamentals. Short time public sentiments may give wrong price projection for a sector, but with time its fundamental which wins. Clever investor uses such opportunity to invest and earn heavy profit.

 

[Anid_007]

As per your suggestion , I am repeating my query here again:

I am running good profit in Redington. I took 400 of this share @ 312 after your call.I also got a similar call from Kotak. Call is for 440. But wt is the first ST target? Can I put more money on this stock now?

I also bought 150 of Wanbury @ 130, when you gave the call on accumulation. As you are telling that a breakout in on anvil, can I expect the stock to rise sharply now?

I had Gail @ 290 and booked profit in 320. But now I am realizing the mistake. I again bought Gail @ 368 after I saw your call. Hope it will touch your predicted target.


I missed your call on TATATELE . Someone told that it will again go to 35. But it
seems it is on uptrend. Should I enter?

Wts the future of Chowgule SteamShip? Is it a better one compared to Varun Shipping?

First of all congratulation on your profits!! and Thank you for all the compliment.

A very Short Term Target for Redington is 380. But it will eventually cross 435 with time.

Wanbury is still a BUY for me. You wont get such stock in small discounted price like this. But its better to accumulate on dips.

TATATELE is always a better stock to enter, even in current level.

Varun Shipping is a great company. I gave a call on it to my friends when it was at 55, when I was not in this forum. Buy its on DIPS.

But Favorite is Chowgule. Its the dark horse. A LT Position on it promises great return.

Another two good shipping companies scrip to watch are SCI and Mercator Line, if you are interested in shipping sector.

 

[shivaraja]

Hi Anid! I too am a SW engr and visibly surprised by the accuracy of your calls.....

Pls help with your views on a few stocks that I hold..and the rationale for holding it...

1) GMR Infra bought at 775 - expected the stock split that happened, expecting foray into telecom.
2) IFCI bought at 80 - expecting a good price for stake sale
3) CEAT@ 160 - expecting fabulous results because of the turnaround
4) DECCAN CHRONICLE@ 205 - feel undervalued compared to peers, expecting demerger.
5) GATEWAY DISTRIPARKS@ 135 - Feel overly punished because of the last qtr results
6) JK LAKSHMI CEMENT@ 180 - expecting cement price rise

Do you suggest a hold/sell on any of the scrips conside3ring that the correction is round the corner?????? Also, do you suggest buys (on wanbury and chowgule) at such a peak?

Thanks!!!! Thanks!!!!

-Shivaraja