Well, the market shows the sign of stability at around 10 k levels. I sincerely think that we have bottomed out at these levels but there is every chance of that the sensex may test the 8k levels very soon. We have political uncertainities, disturbed business environment , inflation risks, employee layoff scenerios and above all a fear of WAR with our good neighbours. All these conditions are not favorable for a good market run up, but that doesnt mean that everything has gone wrong here. If we closely watch the performances of all the sectors in this country , growth is still there. Even in a worst case scenerio we are not going below 7.5 GDP number and i can bet on that.
We have one or other bad stories everyday, which makes the matter more complicated. Even when good companies and Examplorary Corporate Governence Starwarts like Satyam shows weak decision making , doubt definately comes into mind of the investors. There are un necessary rounds of so called rumors which hampers the sentiments more then ever. Look at the case of ICICI Bank. The stock has taken the beating like anything but that doesnt means that the Biggest Private Sector Bank in this country is going bankrupt just because the share price is not reflecting the true value of the stock. We have to understand that these are BIG players and small hiccups wont affect them. Yes, they can slow them down for a quarter or two, but it will not be a surprise if we see them shifting gears real fast.
As i have said in my earlier posts, the big picture is always LONG TERM. There are good oppurtunities to buy at these level. The BIGGGG companies of India are selling at cheap rates, some are even trading at values which is less then the book value of the company. There were days when stocks use to surge upward just at a news of a new land sale or a new acquisition. Those days are gone and we wont see them any near time in future. But there is always a steady growth.
I am saying it again, Think LONG really long, go for value picks at these levels, go for stocks trading below Book Values, go for good dividend paying stocks and you will see these investments made today will earn you a fortune in the years to come.
Happy Investing.........
Cheerssssssss
Tuesday, December 30, 2008
Monday, October 6, 2008
Below 12 K
WOW!!!!!! its happening so fast. One can not even think what to do. Well for me ----- its time to BUY. I dont know why, but i still feel the India Story is Intact. look around, do you see any slowdown. Do u see any panic, or something that might disturb the normal course of this country. Well, i dont see anything like that. The only thing which i am feeling right now is some outflow of money. The money which is not ours (frankly). those who have invested , are taking it back slowly and steadyly. I hope you will agree with me. What we are left with is our own money and this is not going to get out of our pockets in this fashion. and yes, if the money is going out , its simply because it is needed somewhere else and not in our markets as of now. Its just a matter of time, that they will start investing again and raising the bar like they did in the last 4 years. Ask any long term investor, has he lost in this market. I am sure he will say NO.
I wanted to make a report of various things regarding our robust economy. But i couldn't make it. My apologies. i ll do it once its settled. Right now its time to choose, pick and invest.
My favorite stocks as i mentioned in my earlier posts are more cheaper now. Special mention to NRE COKE. This stock has taken the beating like anything. be it market conditions. be it price of coke in the market or be it the internal family feud of the promoters. But i would say this stock is not about coke mining its about gold mining. Just wait and watch. Invest now in this stock and it will go like anything. I hope you will agree. Today close is at below 50.
One last thing, its takes a BIG HEART to book losses, but mind you, if you dont book the losses, the losses will book you. So if you think there is someting wrong with a particular stock fundamentally or techinically depends on how you analyse it, i would say BOOK your loss and put it somewhere else. someone who is sitting on cash right now. i would suggest Invest it now, at least with a 2 year time period. you have a very good chance of doubling it very soon.
Would love to have your comments.
and i ll write in details very soon.
Till then
happy investing.
I wanted to make a report of various things regarding our robust economy. But i couldn't make it. My apologies. i ll do it once its settled. Right now its time to choose, pick and invest.
My favorite stocks as i mentioned in my earlier posts are more cheaper now. Special mention to NRE COKE. This stock has taken the beating like anything. be it market conditions. be it price of coke in the market or be it the internal family feud of the promoters. But i would say this stock is not about coke mining its about gold mining. Just wait and watch. Invest now in this stock and it will go like anything. I hope you will agree. Today close is at below 50.
One last thing, its takes a BIG HEART to book losses, but mind you, if you dont book the losses, the losses will book you. So if you think there is someting wrong with a particular stock fundamentally or techinically depends on how you analyse it, i would say BOOK your loss and put it somewhere else. someone who is sitting on cash right now. i would suggest Invest it now, at least with a 2 year time period. you have a very good chance of doubling it very soon.
Would love to have your comments.
and i ll write in details very soon.
Till then
happy investing.
Saturday, June 28, 2008
Below 14 K
Frankly , i didnt expected in the wildest of my dreams that the market would go down to 13800 levels so soon. Since my last post, the market has shed another 1000 + points. My favourite stocks like GUJNRE, RELNAT, NTPC, BHARTI AIRTEL,HINOIL are more cheaper now, surely in the BUY mode. I would like to add few banking stocks like ICICI Bank and HDFC Bank as a pure buy at these levels. M & M below 550 levels is again a steal.
If someone is sitting in cash, its time to invest 60 % out of it, and then he or she will see the magic of market compounding.
I asked to invest 20 % of the cash at the below 15 K levels. I am suggesting to invest the 60 % of the remaining at these levels.
I still belive there is nothing wrong with the economy, Just because the price of oil is going up , it doesnt mean that the nation has gone down to its knees. Even at a annual growth of 7 percent and inflation level of 16 percent , we are strong.
Well i dont have much words to write much. I am still bullish on the INDIA Story and will continue to believe so.. I hope readers would accord with me.
Wait for a detailed report from my side on the INDIA story, till then Happy Investing.
If someone is sitting in cash, its time to invest 60 % out of it, and then he or she will see the magic of market compounding.
I asked to invest 20 % of the cash at the below 15 K levels. I am suggesting to invest the 60 % of the remaining at these levels.
I still belive there is nothing wrong with the economy, Just because the price of oil is going up , it doesnt mean that the nation has gone down to its knees. Even at a annual growth of 7 percent and inflation level of 16 percent , we are strong.
Well i dont have much words to write much. I am still bullish on the INDIA Story and will continue to believe so.. I hope readers would accord with me.
Wait for a detailed report from my side on the INDIA story, till then Happy Investing.
Tuesday, June 10, 2008
Below 15 K
Well, as expected it went down and opened in the below 15 k territory. I can see the value of the stocks tumbling. Those who have purchased yesterdays would be regretting the decision today, as they are more cheaper now.
I guess its time for the day traders to reveiw their stocks. Go with a tight stop loss. That the only thing i can advise.
For a long term investor, its time to start picking up. Its time to invest 20 % of the cash that you hold. Wait for another fall of 500 point and shop for another 20 %. Keep the rest 60 % in hand for the time being.
Lets see how the week spans out. I expect it to be aroung 14500 levels by the end of this week.
Cheeeersssss
I guess its time for the day traders to reveiw their stocks. Go with a tight stop loss. That the only thing i can advise.
For a long term investor, its time to start picking up. Its time to invest 20 % of the cash that you hold. Wait for another fall of 500 point and shop for another 20 %. Keep the rest 60 % in hand for the time being.
Lets see how the week spans out. I expect it to be aroung 14500 levels by the end of this week.
Cheeeersssss
Monday, June 9, 2008
15 k Levels
Dear Readers!
The market has shed 1000 points in less then 10 days, doesnt surprise me. You know why? Beacuse the stock i like are more cheaper now. so go ahead and start shopping. I ll still stick to stocks mentioned in my earlier post.
Its time to stay away from the reality stocks and shift the focus towards the technology stocks.
Technology stocks are at good levels to buy. In case the market falls down more by about 500 to 1000 points, i ll go shopping for these stocks.
I am expecting 14500 levels on the sensex in the coming weeks and then a pull back to around 16000 levels. The problem here is that we are in a bear phase for a couple of months time. Whatever, you are going to purchase, you will regret, because the same shall be available at a cheaper price on the next day. But that doesnt mean that we should not buy. If you have bought it, stick to it and as i was saying in my last post also , THINK LONG, really LONG. The great INDIA story has just begun.
Cheers!
The market has shed 1000 points in less then 10 days, doesnt surprise me. You know why? Beacuse the stock i like are more cheaper now. so go ahead and start shopping. I ll still stick to stocks mentioned in my earlier post.
Its time to stay away from the reality stocks and shift the focus towards the technology stocks.
Technology stocks are at good levels to buy. In case the market falls down more by about 500 to 1000 points, i ll go shopping for these stocks.
I am expecting 14500 levels on the sensex in the coming weeks and then a pull back to around 16000 levels. The problem here is that we are in a bear phase for a couple of months time. Whatever, you are going to purchase, you will regret, because the same shall be available at a cheaper price on the next day. But that doesnt mean that we should not buy. If you have bought it, stick to it and as i was saying in my last post also , THINK LONG, really LONG. The great INDIA story has just begun.
Cheers!
Bulls Vs. Bears
Posted on maekhana.blogspot.com on 03/06/2008
Well, the market has taken one more down turn, below 16k levels for market. its alarming to note, but i still feel the BULL phase is not yet completed and the its just a bear fear in the market. India's great story is still on, the companies are still showing good results, then how come the market can stay down for long. Fundamentally speaking i feel the graph will again try to touch the 20k level in the mid term and and surely shall cross the 25k level in a years time. Heavyweights like RIL, INFY , WIPRO, TISCO, the powerplays like RPOWER, NTPC, and solid metals like SAIL, HINDALCO, are not going to eat dust even in the next 25 years time. Then why should we fear about the slowness in the market. The financial back of indian economy like ICICI , HDFC, SBI are in the expansion phases, churning out newer strategies to expand as quickly as possible. These are fundamentally solid companies with an sure shot run of more then 25 years in future. Not to forget the home drillers like R PET and R NET. Individually these stocks are going to give the share of the goldmine to its shareholders. We are little slow when it comes to agriculture, Once we have some solid changes in the current agri pilicies ,we will definately have some great affects on the GDP's. We are talking about 7.5 to 8 levels of GDP, which is mainly due to the grwoing economy, with a little support from agriculture sector we are sure to maintain anything between 10-12 on YOY basis. This is not a dream but something that is really acheivable. Forget the inflation numbers, they have misguided in past and are currently doing so. C'mon a normal investor doesnt even know the exact meaning of inflation. Its time to change the way we calculate it. Thats what i can say about this. Stay invested, pick the good ones, with strong fundamentals, have patience and see the results. Its time to think from at least a 5 to 15 years prospective. When we say we have almost 60 percent of the workforce is below 25, cant we think about an investment which is designed from a 15 to 25 years of prospective. After all these sub 25 years contributors of our GDP, will keep on earning for atleast next 25 years before thinking to retire. Think Long term, not only to save taxes but also to contribute to OUR INDIA ! My picks at below 16k levels are GUJNRE, RELNAT, NTPC, BHARTI AIRTEL,HINOIL Cheers.
Well, the market has taken one more down turn, below 16k levels for market. its alarming to note, but i still feel the BULL phase is not yet completed and the its just a bear fear in the market. India's great story is still on, the companies are still showing good results, then how come the market can stay down for long. Fundamentally speaking i feel the graph will again try to touch the 20k level in the mid term and and surely shall cross the 25k level in a years time. Heavyweights like RIL, INFY , WIPRO, TISCO, the powerplays like RPOWER, NTPC, and solid metals like SAIL, HINDALCO, are not going to eat dust even in the next 25 years time. Then why should we fear about the slowness in the market. The financial back of indian economy like ICICI , HDFC, SBI are in the expansion phases, churning out newer strategies to expand as quickly as possible. These are fundamentally solid companies with an sure shot run of more then 25 years in future. Not to forget the home drillers like R PET and R NET. Individually these stocks are going to give the share of the goldmine to its shareholders. We are little slow when it comes to agriculture, Once we have some solid changes in the current agri pilicies ,we will definately have some great affects on the GDP's. We are talking about 7.5 to 8 levels of GDP, which is mainly due to the grwoing economy, with a little support from agriculture sector we are sure to maintain anything between 10-12 on YOY basis. This is not a dream but something that is really acheivable. Forget the inflation numbers, they have misguided in past and are currently doing so. C'mon a normal investor doesnt even know the exact meaning of inflation. Its time to change the way we calculate it. Thats what i can say about this. Stay invested, pick the good ones, with strong fundamentals, have patience and see the results. Its time to think from at least a 5 to 15 years prospective. When we say we have almost 60 percent of the workforce is below 25, cant we think about an investment which is designed from a 15 to 25 years of prospective. After all these sub 25 years contributors of our GDP, will keep on earning for atleast next 25 years before thinking to retire. Think Long term, not only to save taxes but also to contribute to OUR INDIA ! My picks at below 16k levels are GUJNRE, RELNAT, NTPC, BHARTI AIRTEL,HINOIL Cheers.
The Beginning
CALLSnPUTS: is all about market. The nifty and the sensex, the stocks and various startegies. Watch this space for more.
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