FABULOUS-15 has recovered sharply and EGoM Decision on freeing petrol and raising Diesel, LPG and Kerosene prices has made many stocks and overall market move higher. MRPL has cut most of its losses and EKC, EMCO, GUJ NRE COKE, FSL show promising formations. GIC HSG is the best Dividend Yield stock in our list and it has started outperforming now.
| FABULOUS-15 TRACKER (Prices in Rs) | ||||||
| Stock Name | Reco Price | CMP | Target | % Weight | % Returns | Action |
| 3IINFOTECH | 87 | 62 | 118 | 2 | -29 | Hold |
| ADHUNIK MET | 110 | 108 | 152 | 2 | -2 | Hold |
| EKC | 156 | 138 | 189 | 2 | -12 | Hold |
| EMCO | 91 | 84 | 130 | 2 | -8 | Hold |
| GIC HOUSING | 92 | 103 | 150 | 2 | 12 | Hold |
| GLENMARK | 278 | 278 | 350 | 2 | 0 | Hold |
| GSPL | 98 | 100 | 125 | 2 | 2 | Hold |
| GUJ NRE COKE | 72 | 65 | 110 | 2 | -10 | Hold |
| IFCI | 54 | 54 | 75 | 2 | 0 | Hold |
| MRPL | 78 | 75 | 100 | 2 | -4 | Hold |
| NEYVELILIG | 152 | 157 | 196 | 2 | 3 | Hold |
| POWERGRID | 109 | 103 | 141 | 2 | -6 | Hold |
| SUZLON | 75 | 58 | 140 | 4 | -22 | Hold |
| JUBILANT | 325 | 349 | 450 | 2 | 7 | Hold |
| FSL | 30 | 29 | 38 | 2 | -3 | 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 | -0.51 | |
GSPL is near a major breakout and above Rs. 103 it can reach our target of Rs. 125 very soon
- 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.
