Tuesday, August 17, 2010

FABULOUS-15 is higher by 6.32% now and some of the remaining stocks have moved very well even though Nifty is more or less at the same level for the last 5-6 weeks. ADHUNIK has been an outperformer after brilliant numbers, it has given a breakout in Weekly graph and above Rs 137 our target Rs 152 can be reached very fast. GSPL has hit Rs 113.50 Vs its previous all time high of Rs 114.20 in January 2008, when that is crossed Rs 125 is just a matter of time. MRPL is an interesting stock to watch and staying above Rs 77 it can outperform in near future. POWERGRID, as per media reports, is planning to rent its towers for Telecom which can be a money-spinner idea for the company. NEYVELI is now trading at 30-week high and Rs 178 above real quick move expected. Few stocks which are underperforming would soon Catch up as many underperformers are becoming outperformers as sector and stock rotate.

FABULOUS-15 TRACKER (Prices in Rs)
Stock
Name
Reco
Price
CMP
Target
%
Weight
%
Returns
Action
3IINFOTECH
87
63
118
2
-28
Hold
ADHUNIK MET
110
126
152
2
15
Hold
EKC
156
118
189
2
-24
Hold
EMCO
91
67
130
2
-26
Hold
GLENMARK
278
265
350
2
-5
Hold
GSPL
98
111
125
2
13
Hold
GUJ NRE COKE
72
58
110
2
-19
Hold
MRPL
78
80
100
2
3
Hold
NEYVELILIG
152
169
196
2
11
Hold
POWERGRID
109
105
141
2
-4
Hold
SUZLON
75
51
140
4
-32
Hold
JUBILANT
325
345
450
2
6
Hold
FSL
30
26
38
2
-15
Hold
IFCI
54
62
75
2
15
BP
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



28
-0.31

Add:

Interest @ 6% for 8 months
4.00
Total % Returns
3.69
Annualized Returns %
6.32


NEYVELI is a breakout now

MRPL shows Inverse H&S formation in Weekly graph


  • This is just a model portfolio.
  • Be just 28% 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 28% so that in case of market rally we don't miss the opportunities.
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