Sunday, 18 September 2011

Top Five Picks for Indian Stock Market

Safe Ones are here for you for the current Indian Market

TCS

Experience Certainty’
TCS has the tendency to bounce back from 950 level.
It does not stay there for more than 10 days.
So you have to have the patient to wait for those crucial 10 days before it crosses 1000 marks.
This is based on the last 2 years price pattern.
If you think at current level TCS is expensive, then hang on for some time when it goes below Rs.1000 levels to bounce back again.
Tata Culture "do more and speak later"


Tata Motors
Tata Motors can see 180 levels very soon but the resistance will be huge at 164-168 levels.
But for long term investors  who are here for 2-3 years , this is the right time to start buying at current level.( if you want to buy 100 shares, buy 20 now and then see the trend and decide, no need to buy all the hundred in one day. This is just an expample.)
JLR sales will push the stock to a new high but in short term it may see a fall to the level of 134- 149.
Sales volumes at Jaguar-Land Rover, the two marquee U.K.-based brands that the company acquired from Ford Motor Co. in 2008, rose 26% in 2010-11. The unit accounted for about 63% of Tata Motor’s total sales and 84% of its profit during the fiscal year.

Tata Steel .

Already written a full blog on this.



HDFC Bank

I am not finding much to write about the best bank in India , most conservative bank, the best risk management team among its peers, High on integrity, moral and what not.
Current leadership is amazing and i am sure your money is not going to go anywhere if you invest in HDFC. Buy at current levels and wait for 2-3 years.

No need to write more on these companies as they are the real blue chips of India and are the safest bets at current levels .
.
Mahindra & Mahindra

This is one good stock which has not fallen much after the US downgrade by S&P.
It has seen some very strong support from 733 to 790. But now it is at a new peak and it can  go to any height . we may see 825 levels soon .
Bu this is not the right level for retail investors to touch this stock. Rural focus will give this stock a real thrust in festival season.
Mind you, M&M is not giving any discount to its buyers at current scenarion where all other players are giving discounts ranging from 30 thousand to 1 lac.This shows the inherhent strength of the company.
If you are holding this stock then there is no need to sell all but you can certainly book profits ( at least 30-40 percent) and you can buy at lower levels which it will see soon after festivsal season.

Some High Risk Bets which i buy but not always.

Shriram Transport Fianace ( High Risk - High Gain)
Titan industries ( High Risk - High Gain)
GVK Power( High Risk  - High Gain)
Educomp( High Risk - High Gain)
LIC Housing ( the coolest one)

I will not talk about these stocks as lots of  support for these volatile counters are existing on every blog.
But you must remember these are the stocks which moves faster then their peers but when they fall , only god can stop them.
LIC Housing is the most stable one among others.
it has a range between 191 to 220.
It s a buy below 190 and sell at 240 since last one year.
As far as Titan is concerned, you know it and who drives it high. People who buy it also knows that who is the driver for Titan. Good buy below 200 levels.
Strong sell at 230 levels at current market scenario.
educomp again a high risk high return stock , already had a good run after a massive fall.

Peer everonn is now driven by Gandhi Ji who is considered to have midas touch. but looks like a typical  fly by night operator. who  will go behind the scene after 4-5 years. Till then , lets enjoy the party.

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