FABULOUS-15 TRACKER

FABULOUS-15 we have averaged SUZLON which  down 35% and Rs 56-58 one can buy 2% more to take total investment to 32%. Nifty has cut 200DEMA after 13 months but has not closed below it, next week it may happen if Nifty is unable to rise past 5000 levels so it is advisable to be light and exit longs if pullback rally materializes. GUJNRECOKE has fallen more than 12% this week after India proposed tax on mining companies on lines of Australia but stock looks promising for next bull market and one can hold. Nifty has been trading below 200DMA for the last 3 sessions and remaining below 5000 it would be once again pressurized to fall to new lows. We have been just 32% invested predicting bear market in 2010 so there is a lot of scope to average and when right opportunity presents we would add more into existing stocks. In a bear market Rs 100 stock becomes Rs 50 and after that too it can become Rs 25 and after that bull market follows which makes the same stock Rs 50 and then Rs 100, after that it can become Rs 200 also in 2-3 year time so mantra for investors is “No Pain, No Gain!”

FABULOUS-15 TRACKER (Prices in Rs)
Stock Name	Reco Price	CMP	Target	% Weight	% Returns	Action
3IINFOTECH	87	68	118	2	-22	Hold
ADHUNIK MET	110	98	152	2	-11	Hold
EKC	156	132	189	2	-15	Hold
EMCO	91	81	130	2	-11	Hold
GIC HOUSING	92	93	150	2	1	Hold
GLENMARK	278	262	350	2	-6	Hold
GSPL	98	91	125	2	-7	Hold
GUJ NRE COKE	72	57	110	2	-21	Hold
IFCI	54	51	75	2	-6	Hold
MRPL	78	67	100	2	-14	Hold
NEYVELILIG	152	139	196	2	-9	Hold
POWERGRID	109	103	141	2	-6	Hold
SUZLON	75	58	140	4	-22	Hold
JUBILANT	325	339	450	2	4	Hold
FSL	30	26	38	2	-13	Hold
GREAVES COT	286	338	352	2	18	BP
SKUMAR	41	49	70	2	20	BP
ABG SHIP	210	270	270	2	29	BP
Total				32	-2.25

• SUZLON to be added on Monday around Rs 56-58 for averaging purpose. We hold each stock 2% and now SUZLON would be 4% making total investment 32%. Average price for SUZLON Rs 75 has been set in the Table now.
• Be just 32% invested and don't do averaging for the sake of that.
• Don't average if 30% dip is not seen after your purchase, averaging should be considered time-wise also.
• At least 2-3 months must pass before you buy again in a dip.
• As we hold a view that Sensex below 13000 in 2010 can be possible so avoid aggressively and leveraged positions.
• This market is a bear market which can cut both ways, it is always difficult to mint money in such market and it is better to be an investor and accumulate.
• Being correct in market is difficult so we have invested 32% so that in case of market rally we don't miss the opportunities.