Some Good Steals...

jaideep · Dec 30, 2005

Amit,

God bless you for the yeoman service you have rendered all year 2005 & are still continuing into 2006. Many, many of us have & are still benefiting from your wisdom & more importantly, your great big heart.

Here's wishing you & your family "A very Happy, Healthy & Prosperous New Year 2006".

Thanks for everything my dear friend, from my heart Amit.

game4trade · Dec 30, 2005

AMITBE said:

Hi Amit,

Thanx for your prompt reply. The scrip witnessed good movement today and closed at 167 with good volumes.

Once again many thanx for your advice and wish you and your family a very happy and prosperous new year.

Regards,
Ashish

pkjha30 · Dec 31, 2005

ssnkumar said:

Hi ssnkumar

I am venturing to give my comments from purely perceptual point of view
Hindustan motors has tough competition at hand. May take long time to become a force to reckon with in auto market. They may have to change their policy of riding on Ambassador all the time. Better stocks are available.

Hero Honda and Bajaj Auto both are good. Hero Honda is already established player in two wheeler segment and price appears to be discounted. Bajaj Auto is still growing and may provide sizeable appreciation from current levels.
Two wheeler market will grow as the size of lower middle class grows. I know several low rank peons part time workers and even unemployed youths are owning MC. 25 years back there used to be waiting list for scooters.Now they want MC.

But M&M is upcoming story. Riding high on success of Scorpio. I saw scorpio once it was introduced and said wow what a cool thing. M7M was going cheap then and I was miles away from Stock market. Scorpio ramped up M&M and is still growing if they continue in same vain will grow manifold. Their Tractor division has not yet caught fancy but with agriculture being emphasized this will push the price high.

Check PE EPS and OPM and future plans before you decide.

Among auto stock I would prefer M&M. Good fundamentals and growth story. Invest for two years. Will outperform the market by wide margins.

Pankaj

pkjha30 · Dec 31, 2005

Hi ssnkumar
I am enclosing some data related to auto companies , Hope this will help you.

Pankaj

AMITBE · Jan 2, 2006

jaideep said:

Jaideep, I hear it yes, drict from your heart to mine.
Your blessings are all reverently received, and I am dreached in the good wishes showered by you.
Thank you my friend, thank you for these treasures. They are deeply cherished.

Live on in splendid health and sprit, and prosparity spiritual and material.
Thank you Jaideep, for being who you are.

AMITBE · Jan 2, 2006

AMITBE said:

Nagarjuna Const. closed Friday at 256 off, above the trigger level at 253.
At 280 now after making a high at 282 off. That is the first target.
If anyone taken position, trail stop to 288-294.

AMITBE · Jan 2, 2006

Target reached on Nagarjuna Const.
Just hit 294.70 and fallen off a bit.
306 is the range of this move and taking half off.

game4trade · Jan 2, 2006

Hi Amit,

Nice call (as always) on NagarCons

What a way to kick-start new year.

Cheers,
Ashish

mail2joshi · Jan 3, 2006

Hi Amit,
My entry into Hindalco is 139, can you please tell me short term target

Also the future of SCI (My entry was 163)

Thanks
sjoshi

AMITBE · Jan 3, 2006

mail2joshi said:

Hi Joshi,
Hindalco is a strong hold. When it breaks past 152, expect 155-157-160 and possibly 163. This would be range of the move and when it gets there we'll follow up. It's slow moving and will take time covering ground.
S/l is 134.
SCI be cautious with if it breaks below 155 and exit at once.
To the up, if it breaks above 164 close, expect 167-170-173. A break above 176 will push it higher, and we'll follow up then.
Regards.

Some Good Steals...

jaideep

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