Some Good Steals...

[kant_raj]

Hi Amit
Please Advice me on
LIC Housing bought @ 211.00
HFCL @ 23.00

Thanks in advance

 

[VICKY_SEEKINGINR]

VideocoIntl is going to be merged with Videocon Industries whose share is trading at 450.
Post merger the holders of VedionIntl will be alloted certain numbers of shares of Vediocon Industries instead and I'm not sure of the dates or the number of shares to be alloted.
The advantage would remain with the holders of videoconIntl I'm sure.

Thanks for the explanation.

 

[AMITBE]

Hi Amit,
Please advice on the following stocks.
IDFC bought at 74.30
Ashok Leyland bought at 33.40

Both seems to be very slow moving stock. Your analysis will be a great help.

Hi Hemanta...you've chosen two mid to long term investment counters, and if you are a long term investor, you'll be well rewarded. They are both great counters to be in.
IDFC amongst all sorts of reasons like FII and domestic Funds interest etc, is a runner on the infrastructure growth, and if India has to take one significant step in the right direction it would have to be towards bringing about development in this area.
Ashok Leyland while underperforming rather badly in this bull rally, still remains a major, and at current valuations it's amongst the most attractive in the sector. The share has a face value of Rs. 1.
You'll easily get your entry on both without waiting long if you want to exit to reinvest in more volatile counters.
On thechnicals IDFC needs to break above 74 to make progress and there's strong support in the 69-70 area.
30 forms a good support for Ashok Leyland, and to the up it needs to trade above 33 with much better volume for an upside.
Regards.

 

[AMITBE]

hi Amit
Please Advice me on
LIC Housing [email protected]
HFCL @ 23.00

Hi kant_raj...LIC Housing is a major player and has been beaten down for a long spell on account of flat growth last two quarters. It sits on a huge fund resource, being associated with LIC and surely some restructuring must be under way. All it would take is some numbers to look good, and it'll shoot up, but when that happens is anyone's guess. The coming results if good will setup a decent rally.
It needs to trade above 214-218 for a breakout. Again, hold and watch what happens in the near future.
HFCL is amongst the worst around and needs to hold 21-22 levels to get some motion up. Exit early at a rise if your holding isn't large. You could make up on so many other counters in that range.
All the best.

 

[AMITBE]

Thanks a lot, Amit. I will exit INDUSBANK tomorrow the first thing. For Graphite, I will wait to break even. Accumulated some more Bharti today @ 342

Thanks again.

Hi cashgen, IndusInd may have rallied along with the rest of the banks yesterday, so keep watch.
Bharti, on a cautious note has under performed the rally so far, so caution again. It's not likely to be badly broken though.
On the other hand, the December numbers for new customers have been good.
All the best.

 

[talktoa]

hi amit...
need your view on the growth of Sharchi Securities BSE Code 511591.. is it worth getting in...
Can u also advise me on Shri Lakshmi Cotsyn BSE Code 526049... I hold 50 shares @ 101 each... Should I sell/hold or add more...
Thanks in advance

 

[roneeth]

hello Amit,

Hope you are having a Nice weekend!!!!!
India Cements and Guj Ambuja both are doing very well...
I have a query,my dad had invested in Stanford Engineering Dou you have any information regarding this.have'nt about heard it from many years...
There are others too Tips and Toes,Shringar Bindis??(not sure about the name) ..Just curious about them...If you have any information it would be great...

Thanks and regards

Roneeth

 

[rajneesh_mailbox]

hello, i think i got forum what ia was searching for.plz guide me which analysis software should i buy.amibroker or metastock EOD.my budget is small.meta is 4 times costly. can i get hourly data source free anywhere.
help me plz

 

[ssnkumar]

Hi Amit,

I am holding IDFC for past few months.
I had bought it at Rs.71.
It is not moving much from this point!

What is the problem with this counter? Is it good to hold or should I sell it?

Thanks,
Narendra

 

[AMITBE]

hi amit...
need your view on the growth of Sharchi Securities BSE Code 511591.. is it worth getting in...
Can u also advise me on Shri Lakshmi Cotsyn BSE Code 526049... I hold 50 shares @ 101 each... Should I sell/hold or add more...
Thanks in advance

Hi talktoa...long time no see?
On Shri Lakshmi Cotsyn, as of Friday close there is nothing in the chart to suggest adding more. I'm not aware where it's trading today, but till it breaks above 147 with volume don't buy more. S/l is 138.
Your other query is on Shrachi Securities?
Above 50 close it's a buy with s/l below 44.
Regards.