Fabulous-15 Update

FABULOUS-15 is so far 4.73% higher and Nifty has once again tested 5350 support below which only major correction is expected. We have continued to hold Cautious view with just 30% investment pending market correction to pour in reserved money. 6 stocks we have taken profits and from remaining ones JUBILANT, POWERGRID, NEYVELI, MRPL, GLENMARK, ADHUNIK have remained steady like a rock and these stocks look even better than before to reach targets soon. EMCO and EKC are more than 30% down and as per strategy we would try to average them but we would wait for right time as time-wise correction is also important. In a bear market Rs 100 stock becomes Rs 50 and that may become Rs 25 also if bad times continue, but same stock can achieve heights of more than Rs 200 in next bull market i.e. the cycle of markets. Good time for investors is actually a bad phase of markets while a good phase is a bad time to invest, so we would continue to maintain caution and take each stock on its merit. Now we hold 14 stocks and still to add 1 more place is available but waiting is better for time being.

FABULOUS-15 TRACKER (Prices in Rs)
Stock Name	Reco Price	CMP	Target	% Weight	% Returns	Action
3IINFOTECH	87	58	118	2	-33	Hold
ADHUNIK MET	110	111	152	2	1	Hold
EKC	156	108	189	2	-31	Hold
EMCO	91	65	130	2	-29	Hold
GLENMARK	278	290	350	2	4	Hold
GUJ NRE COKE	72	57	110	2	-21	Hold
MRPL	78	77	100	2	-2	Hold
NEYVELILIG	152	159	196	2	5	Hold
POWERGRID	109	108	141	2	-1	Hold
SUZLON	75	47	140	4	-37	Hold
JUBILANT	325	349	450	2	7	Hold
FSL	30	25	38	2	-16	Hold
IDBI	131	124	170	2	-5	Hold
TATAELXI	252	233	320	2	-8	Hold
GSPL	98	118	125	2	20	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				30	-1.24
Add:
Interest @ 6% for 8 months					4.00
Total % Returns					2.76
Annualized Returns %					4.73

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

DTC's impact on India Inc - Guj NRE Coke stands to benefit by new DTC - http://www.business-standard.com/india/news/dtc%5Cs-impactindia-inc/406668/