Thursday, April 26, 2007

Book Profits

Start booking profits in your stocks since market may correct this month.........almost all the company's results are out and now there doesnt seem any immediate trigger to get markets new highs........so nearing to 14500 in sensex and 4210 in nifty start partially booking profits in your stocks.....means half the quantity......
always stay invested in front line stocks.........
good to buy... ABB, IFCI, RPL.........

Tuesday, April 10, 2007

where will market go?

Last week when RBI hiked CRR rates, it changed the fundamentals of the market to some extent, it will have its impact on the companies' profits, as it has started showing its impact, two wheeler sales have come down, and FMCG companies too will have its negative effects......The Rupee appreciation will affect the earnings of the software guaints.......so all these things showing market would go sideways for a midium term....

All the eyes are now on the earings of Q4 of 07 of the companies.....Infosys results will come this week ....and it will decide the markets direction.....it it comes as the expectations of the market then it will definitely go up but if they dont meet the expectations then markets will go down and the chanes are it will go down.....

The market has become unpredictable, one day its down 615 points, and then it started moving up....but still I dont feel confident of the movements, it has not shopwing any directions. So its better to wait and watch. Or buy those blue chip stocks which were looking costly a month back.
There are still few stocks where you can put your money in midcaps too.....like Indiabulls, IFCI, Sonata Soft.........never ignore RPL ....this stock is a must have in your protfolio.
So invest in the stocks where interest rate hikes has minimal impact.....like BHEL, SIEMENS, IFCI,RPL, BHARTI, Reliance communications, Idea.....