More steam is left
Wednesday, December 30, 2009
End of the day…
Stock specific stories have started. Nifty rollover has started. Nifty my target of 5360 is intact.
I would stick with limited stocks and my best calls are India Cement, Century, Ispat, Bharati and Essar OIL though I have already established to worth of IDBI, IFCI.
Bharati is set to make U S acquisition in next 30 days which should take Bharati stock to Rs 450 plus. Also as the per second billing has given advantage to the co as the result will be super dooper.
India Cement set to sell 24% stake in IPL Chennai for undisclosed price. Q 3 results are excellent and hence 30 to 50 pc rise in this stock in next 30 days is not ruled out.
Century has now on charts of FII broking houses and hence I can safely say that Century targets will be met in next 2 months and in fact going by the realty buzz and improvement in pick up Century will cross Rs 1300 in 2010 its previous glory price.
In B gr SNL, Windsor and Shivalik will my best bets for 2010. Shivalik especially as for me a gr like LNM will never enter with small cap co like Shivalik that too for just Rs 15 crs. 2 big market players said to have entered in this stock which seen from good volumes. Every drop in the price is an opportunity for buying.
However beautiful the strategy, you should occasionally look at the results..
BigGains !!
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