Wednesday, May 12, 2010

Fabulous-15 Update

GUJNRECOKE has come with bonus 1:10 and we have adjusted our price and we have raised target of JUBILANT to Rs 450 as Rs. 400 is all time high and in weekly charts this chart shows Inverse Head & Shoulder where the Target can be even higher above Rs.500-560 also.

IFCI 49lac share Morgan stanley has bought in Bulk deal

Is Europe Turning Japanese? Starting To Think So  http://www.economywatch.com/economy-business-and-finance-news/is-europe-turning-japanese-starting-to-think-so-12-05.html Good article pls read
FABULOUS-15 TRACKER (Prices in Rs)
Stock Name
Reco Price
CMP
Target
% Returns
Action
3IINFOTECH
87
74
118
-15
Hold
ADHUNIK MET
110
113
152
3
Hold
EKC
156
131
189
-16
Hold
EMCO
91
84
130
-8
Hold
GIC HOUSING
92
98
150
7
Hold
GLENMARK
278
278
350
0
Hold
GSPL
98
93
125
-5
Hold
GUJ NRE COKE
72
75
110
4
Hold
IFCI
54
52
75
-4
Hold
MRPL
78
75
100
-4
Hold
NEYVELILIG
152
153
196
1
Hold
POWERGRID
109
107
141
-2
Hold
SUZLON
91
66
140
-27
Hold
JUBILANT
325
363
450
12
Hold
FSL
30
29
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 (%)



0.56

MSCI SEMI ANNUAL INDEX REVIEW: Changes in MSCI India Index (Additions/ Deletions)
MSCI Global Standard Indices: MSCI India Index (3 additions and 1 deletion)
Additions
ADANI ENTERPRISES
PIRAMAL HEALTHCARE

RURAL ELECTRIFICATION
Deletions
IDEA CELLULAR

Telcom stock news
BHARTI, IDEA Decline as Indian Regulator's Proposal May Hurt Profitability, India’s telecom regulator has recommended using the price established through an ongoing auction of wireless spectrum for third-generation mobile telephony as a base to charge for second-generation radio airwaves. Operators holding more than the contracted 6.2 MHz of second generation spectrum should be made to pay a one-time fee, the regulator proposed. http://preview.bloomberg.com/news/2010-05-12/bharti-idea-decline-as-indian-regulator-s-proposal-may-hurt-profitability.html