Since IMD is expecting normal monsoon this year(And it already reached Kerala cost)I beleive it is advisable to invest in fertilizer stocks like GNFC,GSFC and Tata chemicals..What you people say?
Nidhin
Since IMD is expecting normal monsoon this year(And it already reached Kerala cost)I beleive it is advisable to invest in fertilizer stocks like GNFC,GSFC and Tata chemicals..What you people say?
Nidhin
Tata chemicals is trading at P/E of 12.11.. Its definitely worth to buy..
GNFC at P/E of 6.95 and GSFC at 3.5.. But remember these 2 stocks are trading at their 52 week high.. buy in small quantities at dips..
But make sure the predictions by the monsoon dept are right..
Tata chemicals is trading at P/E of 12.11.. Its definitely worth to buy..
Tata's are reported to have a debt of around 1lakh cr. How they are going to repay it is still a big question.
So all Tata's companies even TATA chemical must be bought with above factor in mind. PE alone should not be the factor.
Tata's are reported to have a debt of around 1lakh cr. How they are going to repay it is still a big question.
So all Tata's companies even TATA chemical must be bought with above factor in mind. PE alone should be the factor.
I agree with the large debt.. But the huge debt is due to TATA Motors and Steel, because of their buyouts.. TATA chemicals has a debt of around 4800 crores.. It is huge, but looking at the prospect of chemical industry and Cong gov supporting agri business, things should change in long term..
Hi
Sorry to crash land into the thread 
I am currently on my summer internship, and as a part of my project, need to interview people who are active traders and use the online medium for trading/information gathering.
It is my sincere request, if you could grant me 20 minutes of your time. It would really assist me in my research. The only condition is that you would have to be located in NCR. Time and location as per your convenience.
If you are interested, just send me a PM & I will get in touch with you
Thanks for hearing me out
Yenjaay
Hey guys....today morning I liquidated all my long positions @ Nifty level of 4560 which acted as a strong resistance.
Am expecting Nifty to retrace back to 3150-3200 levels by end June/July. In the meantime am currently 100% in cash waiting to re enter the markets.
Hi,
Dont u think sitting on 100% cash cud be a lil risky strategy coz u never know where d market wud be headed in coming period.
i know its ur investment and u have a right to make ur own decision , u may reply if u feel the need to do so.
i have posted just for a constructive disussion
Hey guys....today morning I liquidated all my long positions @ Nifty level of 4560 which acted as a strong resistance.
Am expecting Nifty to retrace back to 3150-3200 levels by end June/July. In the meantime am currently 100% in cash waiting to re enter the markets.
Liquidating entire portfolio is not a good sign.. There is a saying in Stock market: "Dont try to time the market, instead spend time in the market"
I know the prices are not realistic.. But looking at the current scenario, India is in a much better situation than others.. And FII's are just waiting for the budget.. UPA's 100 day plan is definitely going to have a +ve impact.. U shud have waited for the budget..
Nifty touching 3200 level is far off.. I dont think it will even touch below 4000..
Nifty bear spread is from 4200 - 4300..
You could see the impact today itself..
Puys,
I have a good idea about MFs and now plan to study/invest in Stock markets. Can you please guide me to a good source of knowledge and as a starter what are the good stock options to invest.
Thanks.
Puys,
I have a good idea about MFs and now plan to study/invest in Stock markets. Can you please guide me to a good source of knowledge and as a starter what are the good stock options to invest.
Thanks.
Go for following scrips:
1.CapitalGoods: L&T;,BHEL.
2.IT:Infosys,TCS
visit www.money.rediff.com
or www.icicidirect.com/research
Puys,
I have a good idea about MFs and now plan to study/invest in Stock markets. Can you please guide me to a good source of knowledge and as a starter what are the good stock options to invest.
Thanks.
Dont go on ahy other advice, buy wat ur heart tells..
here are some links:
1] Investopedia.com - Your Source For Investing Education
2] http://money.rediff.com/
3] www.icicidirect.com/research
For starters invest in blue chip stock.. Nifty 50 or sensex 30 stocks..
Warning: don't bother about the tips from ur frnds.. they are for experts and u need to research thoroughly..
Go for following scrips:
1.CapitalGoods: L&T;,BHEL.
2.IT:Infosys,TCS
visit www.money.rediff.com
or www.icicidirect.com/research
Stay away from IT in the short term.. The rupee is very volatile.. and is effecting the bottom line of the IT companies..
Puys,
I have a good idea about MFs and now plan to study/invest in Stock markets. Can you please guide me to a good source of knowledge and as a starter what are the good stock options to invest.
Thanks.
Dont go on ahy other advice, buy wat ur heart tells..
here are some links:
1] Investopedia.com - Your Source For Investing Education
2] Indian stock markets: Mutual funds, Sensex, Nifty
3] www.icicidirect.com/research
For starters invest in blue chip stock.. Nifty 50 or sensex 30 stocks..
Warning: don't bother about the tips from ur frnds.. they are for experts and u need to research thoroughly..
also to add to ajay's list...i'd recommend
www.valueresearchonline.com
&
www.moneycontrol.com
the most comprehensive site for analysis of indian MFs...
Liquidating entire portfolio is not a good sign.. There is a saying in Stock market: "Dont try to time the market, instead spend time in the market"
I know the prices are not realistic.. But looking at the current scenario, India is in a much better situation than others.. And FII's are just waiting for the budget.. UPA's 100 day plan is definitely going to have a +ve impact.. U shud have waited for the budget..
Nifty touching 3200 level is far off.. I dont think it will even touch below 4000..
Nifty bear spread is from 4200 - 4300..
You could see the impact today itself..
Hi,
Dont u think sitting on 100% cash cud be a lil risky strategy coz u never know where d market wud be headed in coming period.
i know its ur investment and u have a right to make ur own decision , u may reply if u feel the need to do so.
i have posted just for a constructive disussion
Guys,
Following my explanation for liquidating my positions:
I see very strong resistance for Nifty in the region of 4680. At this given value, it will make DOUBLE TOP FORMATION. First top was made at 4650 on 13 August 2008. If Nifty crosses and closes above 4700 with large volumes, only then this correction will be delayed. on 18 May Nifty sky rocketed and broke the barrier of 4170. Such positive surprises are rare.
Study of Dow Jones chart reveals that it has a strong resistance in the range of 9000-9100. Minimum correction of 10% is expected in Dow. But the experts of wall street like Bob Pretchart confirm that Dow may fall to its March lows near 6500. It means a correction of 30% for Dow. But inspite all this, I do not think Nifty will fall below 3150.
Also, my portfolio comprised of quite a few momentum stocks like Punj Lloyd, JPAssociates etc. I would like to reshuffle them entirely and thought this time opportune to take necessary action. Budget is keenly observed by the markets. The valuations are entirely unrealistic taking reference of FY11 earnings expectations. So much inflated!!
Nevertheless, let's see how the markets pan out in the coming few days. 4580 would act as a Berlin wall where I would take quite a few puts and put a stop loss @ 4650
PS: Expecting viewpoints from other perspectives also.
PPS: Ajay, the speculative region is between 4200-4600. Any outbreaks above or below this region would have a domino effect. And yeah, the FIIs are actually waiting for the budget. The hedge funds are twitching to remove the profits from India once the dollar shows particular strength, and the government under delivers.
Guys,
Following my explanation for liquidating my positions:
I see very strong resistance for Nifty in the region of 4680. At this given value, it will make DOUBLE TOP FORMATION. First top was made at 4650 on 13 August 2008. If Nifty crosses and closes above 4700 with large volumes, only then this correction will be delayed. on 18 May Nifty sky rocketed and broke the barrier of 4170. Such positive surprises are rare.
Study of Dow Jones chart reveals that it has a strong resistance in the range of 9000-9100. Minimum correction of 10% is expected in Dow. But the experts of wall street like Bob Pretchart confirm that Dow may fall to its March lows near 6500. It means a correction of 30% for Dow. But inspite all this, I do not think Nifty will fall below 3150.
Also, my portfolio comprised of quite a few momentum stocks like Punj Lloyd, JPAssociates etc. I would like to reshuffle them entirely and thought this time opportune to take necessary action. Budget is keenly observed by the markets. The valuations are entirely unrealistic taking reference of FY11 earnings expectations. So much inflated!!
Nevertheless, let's see how the markets pan out in the coming few days. 4580 would act as a Berlin wall where I would take quite a few puts and put a stop loss @ 4650
PS: Expecting viewpoints from other perspectives also.
PPS: Ajay, the speculative region is between 4200-4600. Any outbreaks above or below this region would have a domino effect. And yeah, the FIIs are actually waiting for the budget. The hedge funds are twitching to remove the profits from India once the dollar shows particular strength, and the government under delivers.
I never said its a wrong decision.. I said its not a good sign.. Normally people play short term in some stocks and keep most of the stocks for long term..
I'm a long term investor.. So I suggested not to liquidate your entire position..
I can understand u r linking dow jones with indian markets.. i know indian markets are not shielded from US ones.. But still India has performed far better then US markets.. Dow jones have removed GM from their list.. so i think this will minimize their bear spread or the support level..
Punj Llyod has a good scope.. I think u can LONg it.. JP is a risky one.. considering its moved more then 400% from its 52 week low..
PS: I said nifty bear spread is 4200-4300, bec u have already sold out ur positions and u r waiting for 3200 levels.. thats y i said when 4200 is breached u can think of that level.. but let it first reach 4200.. bec in 2 weeks time u will come to know.. AFAIK the markets should definitely rise once the budget is out.. UPA has to do something to make India grow at 9% levels..
Ajay,
Thanks a lot for a different angle to the current state of the markets.
I was quite surprised at the way today Nifty unfolded in the Bull Zone.
Nevertheless, I feel 4560 would hold tomorrow....otherwise, its 4680/4700 on the cards.
Yeah regarding JPAssociates, I had it @ an average price of 57 or so....that gave me a rough 313% returns. Regarding Punj Lloyd, its a value pick @ 150 levels i feel.
Am eyeing TISCO, L&T;, ITC( As a defensive, to act more as a hedge), and some midcaps in the realty, infra space.
Lemme know what you think about the above scrips.
PS: I guess you misunderstood me. I was not challenging your opinion 😃 I was looking to further the discussion.
PPS: NMIMS peye aaja we'll have a nice time trading on the cash/futures segment together. :D
I really need to tune up my money management fundas.
Lots of funds trickling out due to wrong position sizing 😞
Ajay,
Thanks a lot for a different angle to the current state of the markets.
I was quite surprised at the way today Nifty unfolded in the Bull Zone.
Nevertheless, I feel 4560 would hold tomorrow....otherwise, its 4680/4700 on the cards.
Yeah regarding JPAssociates, I had it @ an average price of 57 or so....that gave me a rough 313% returns. Regarding Punj Lloyd, its a value pick @ 150 levels i feel.
Am eyeing TISCO, L&T;, ITC( As a defensive, to act more as a hedge), and some midcaps in the realty, infra space.
Lemme know what you think about the above scrips.
PS: I guess you misunderstood me. I was not challenging your opinion 😃 I was looking to further the discussion.
PPS: NMIMS peye aaja we'll have a nice time trading on the cash/futures segment together. :D
I really need to tune up my money management fundas.
Lots of funds trickling out due to wrong position sizing :(
Better to take HUL then ITC.. ITC has given poor returns and the results were not that good..
L&T; is evergreen stock, u can buy it anytime if you going to hold it for 2 yrs or more..
Haven't kept track of TISCO..
Don't worry buddy.. we will surely meet in NM.. 😃
I have a few questions
1) how many stock exchanges are there in india
2) What is role of REGISTRARS in stocks markets
3) classfication of shares on midcap etc what basis is followed
1] List of stock exchanges:
- Bombay Stock Exchange
- National Stock Exchange
- Regional Stock Exchanges
- Ahmedabad Stock Exchange
- Bangalore Stock Exchange
- Bhubaneshwar Stock Exchange
- Calcutta Stock Exchange
- Cochin Stock Exchange
- Coimbatore Stock Exchange
- Delhi Stock Exchange
- Guwahati Stock Exchange
- Hyderabad Stock Exchange
- Jaipur Stock Exchange
- Ludhiana Stock Exchange
- Madhya Pradesh Stock Exchange
- Madras Stock Exchange
- Magadh Stock Exchange
- Mangalore Stock Exchange
- Meerut Stock Exchange
- OTC Exchange Of India
- Pune Stock Exchange
- Saurashtra Kutch Stock Exchange
- Uttar Pradesh Stock Exchange
- Vadodara Stock Exchange
- Ahmedabad Stock Exchange
2] For an IPO here is the registrar definition:
The Registrar finalizes the list of eligible allottees after deleting the invalid applications and ensures that the corporate action for crediting of shares to the demat accounts of the applicants is done and the dispatch of refund orders to those applicable are sent. The Lead Manager coordinates with the Registrar to ensure follow up so that that the flow of applications from collecting bank branches, processing of the applications and other matters till the basis of allotment is finalized, dispatch security certificates and refund orders completed and securities listed.
Stock Registrar
The stock registrar's duty is to prevent the over- or under-issuance of securities, a condition referred to as an out-of-proof or out-of-balance condition. New York Stock Exchange rules allow an institution to serve as both a transfer agent and registrar for listed securities, other than its own. It is fairly common to find a transfer agent of an issue also serving the function of registrar. Although rarely encountered, there are instances where banks serve as registrar without being appointed the transfer agent. In such a case the registrar is referred to as an "outside registrar". When an "outside registrar" is used, the transfer agent, after canceling the surrendered certificates and drawing up the replacement certificates, sends both the cancelled and replacement certificates to the registrar, who verifies that the shares represented by the replacement certificate(s) equals the shares represented by the surrendered stock certificates
3] The name 'mid-cap' originates from the term medium capitalised. It is based on the market capitalisation of the stock.
Market capitalisation is calculated by multiplying the current stock price with the number of shares outstanding or issued by the company. The definition of mid-cap shares can vary from market to market and from country to country.
In case of India, the National Stock Exchange (NSE) defines the mid-cap universe as stocks whose average six months' market capitalisation is between Rs 75 crore and Rs 750 crore. In the US, mid-cap shares are those stocks that have a market capitalisation ranging from Rs 9,000 crore to Rs 45,000 crore. In India, these shares would be classified as large-cap shares.
Thus, classification of shares into large-cap, mid-cap, small-cap is made on the basis of the relative size of the market in the country. The total market capitalisation of US markets is $15 trillion. In India, the market capitalisation of listed companies is around $600bn.
for more information you can visit here
Duplicate post
1. Latest ruling from SEBI - Abolishing entry load for MFs. Is this applicable from immediate effect?
2. Seeing the market today, is this a new bull rally or will the market correct itself by going to 12-13 k LEVEL.