http://prabhakar-views.blogspot.com Big Bull Exits Mid-Day Multimedia Lesson to investor
FABULOUS-15 has closed with 3.17% gains and this week we have booked profits in GREAVES COTTON to make FSL available. MRPL has broken out and looks good for targets above Rs 100 also. SUZLON is top loser with 18% loss so far but the stock is trading near major support around Rs 70-72 and buying from current levels can be seen in this stock. ADHUNIK breakout above Rs 135 is awaited above that our target would be soon reached. EKC seems worst is over and this stock can recoup its all losses and then rally too. We are still only 30% invested and Nifty trades close to 5450-5470 resistance which indicates limited upside from here. Nifty crucial support at 5187 and 5120 below which only panic is possible. IIP data on 12 and INFOSYS results on 13 Apr are important events next week. 14 Apr is a holiday for equity markets and 15 Apr Inflation data would be important.
FABULOUS-15 has closed with 3.17% gains and this week we have booked profits in GREAVES COTTON to make FSL available. MRPL has broken out and looks good for targets above Rs 100 also. SUZLON is top loser with 18% loss so far but the stock is trading near major support around Rs 70-72 and buying from current levels can be seen in this stock. ADHUNIK breakout above Rs 135 is awaited above that our target would be soon reached. EKC seems worst is over and this stock can recoup its all losses and then rally too. We are still only 30% invested and Nifty trades close to 5450-5470 resistance which indicates limited upside from here. Nifty crucial support at 5187 and 5120 below which only panic is possible. IIP data on 12 and INFOSYS results on 13 Apr are important events next week. 14 Apr is a holiday for equity markets and 15 Apr Inflation data would be important.
*China posted a $7.24 billion trade deficit in March, its first in almost six years, the official Xinhua News Agency reported Saturday, citing customs figures. Officials say the trend will be short-lived.
FABULOUS-15 TRACKER (Prices in Rs) | |||||
Stock Name | Reco Price | CMP | Target | % Returns | Action |
3IINFOTECH | 87 | 76 | 118 | -13 | Hold |
ADHUNIK MET | 110 | 131 | 152 | 19 | Hold |
EKC | 156 | 127 | 189 | -19 | Hold |
EMCO | 91 | 93 | 130 | 2 | Hold |
GIC HOUSING | 92 | 91 | 150 | -1 | Hold |
GLENMARK | 278 | 280 | 350 | 1 | Hold |
GSPL | 98 | 93 | 125 | -5 | Hold |
GUJ NRE COKE | 80 | 88 | 110 | 10 | Hold |
IFCI | 54 | 53 | 75 | -2 | Hold |
MRPL | 78 | 83 | 100 | 6 | Hold |
NEYVELILIG | 152 | 152 | 196 | 0 | Hold |
POWERGRID | 109 | 109 | 141 | 0 | Hold |
SUZLON | 91 | 75 | 140 | -18 | Hold |
JUBILANT | 325 | 347 | 430 | 7 | Hold |
FSL | 30 | 31 | 38 | 3 | Hold |
GREAVES COT | 286 | 338 | 352 | 18 | BP |
SKUMAR | 41 | 49 | 70 | 20 | BP |
ABG SHIP | 210 | 270 | 270 | 29 | BP |
Total Returns (%) | 3.17 | ||||
BMW VISION Car
