Fabulous-15 Tracker

FABULOUS-15 is up 0.63% and some of our stocks are nearing targets. GSPL is very close to its all time high Rs 114 and once above that Rs 125 target is possible. IFCI has broken out on weekly chart and stock staying above Rs 56 our target can be met in short-term itself. 3i INFOTECH and SUZLON remain gross underperformers along with EKC and EMCO – EKC 200DMA is Rs 141 and close past that we can soon see Rs 160 on the stock. Nifty has failed to cross 5400 on many occasions and fall below 5350 would be harmful for this up trend.

FABULOUS-15 TRACKER (Prices in Rs)
Stock Name	Reco Price	CMP	Target	% Weight	% Returns	Action
3IINFOTECH	87	66	118	2	-24	Hold
ADHUNIK MET	110	120	152	2	9	Hold
EKC	156	138	189	2	-12	Hold
EMCO	91	77	130	2	-15	Hold
GLENMARK	278	281	350	2	1	Hold
GSPL	98	104	125	2	6	Hold
GUJ NRE COKE	72	65	110	2	-10	Hold
IFCI	54	60	75	2	11	Hold
MRPL	78	81	100	2	4	Hold
NEYVELILIG	152	161	196	2	6	Hold
POWERGRID	109	100	141	2	-8	Hold
SUZLON	75	60	140	4	-19	Hold
JUBILANT	325	358	450	2	10	Hold
FSL	30	28	38	2	-7	Hold
GIC HOUSING	88	122	150	2	39	BP
GREAVES COT	286	338	352	2	18	BP
SKUMAR	41	49	70	2	20	BP
ABG SHIP	210	270	270	2	29	BP
Total				30	0.77
Add: Interest @ 6% for 7 months					3.50
Total % Returns					4.27
Annualized Returns %					7.32

*GIC HSG FIN cost price is cut by Rs 4.5/share as stock has paid dividend of that quantum.

• Be just 30% invested and don't do averaging for the sake of that.
• Do not 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 30% so that in case of market rally we don't miss the opportunities.