Learning: whenever in volatile markets. always buy a straddle (both call n put) so you earn irrespective of market movement... & its always gud to remain liquid b4 any major event...
hi all
here is a mid cap software co worth having a look at-blue star infotech.i am not an expert of s/w industry by any strech of imagination,but here are some simple reasons for holding the stock
1.dividend of rs.9 which means a yield of 5%at cmp of 190.And they hv been consistently giving higher dividends yoy.I dunno of many s/w cos which pay such hkigh dividends.I think it indicates mgmt`s confidence abt stability of the business.
2.consistent griwth in profits,even during the tough years.the current p/e is around 10.
3.the co is into niche segments of the industry,implying better pricing power apart from a stable demand for their services.
current p/e looks attractive..... can you post in the yearly turnover, EPS & any recent news about the company.....
http://www.geojit.com/profiles/result.asp?popt=10&code;=20485
try the above link for blue star info financials
try the above link for blue star info financials
Hey guys!
What's the matter? The thread seems to be in freeze for the last 2 posting sessions. 
Although I've posted only once in this thread so far, but I've been keeping a close eye on it. 😃
I hope those weren't the settlement blues that got it shut.
Now that the settlement's over, write in to tell us how it went for you.
For those of you who don't trade derivatives, here's the tough one:
Now that the new govt. is in, and the budget is expected in July, what's your take over a 2 month period 
:
With the fall of markets and volumes declining from daily avg of 220 million to 90 million even are group seems to have faded down a bit. Me had looses close to 18 %, last month and even now I loose; and worst part is I offloaded a bulk of mine and realigned my portfolio only to increases looses. This Friday with senses loosing over 110 points and also due to slump in tecnology my portfolio got a pounding.
Let's see what it shapes into.
hey guys
Please please tell me some books to start of with the stock markets.
hi.
ya, probably our enthu is somewhat similar to the stock market. but thanx to pswaroop, we r hopefully back on track. good to see the thread back.
boy, i was also thinking of getting some book on the market basics. plz somebody part with ur secret .
besides wizkid, u can watch CNBC in the remaining time. will help ur fundas.
was wondering whwre this thread had vanished.
Here is another of my stock picks-Canara Bank.
highlights:
1.Low P/e-p/e is less than 4 at the current price of 120.Just compare this withe the p/e of other big PSU banks.Its atleast 20% cheaper compared to its peers like PNB,Bob etc.
2.Add to the above,the fact that the bank has been showing much better performance than a PNB ,corporation bank or BoB in the past few quarters,u hv a winner in hand.Seriously,its hard to understand why it is quoting at such a huge discount to its peers.Cld it be because its a south india based bank and most of the specualtors being bombay based are more comfortable with north indian banks as they are more familiar with the same?
hi
here is my call on the market over the next two months,nothing complicated,just plain common sense.The signs look really good:
1.Monsoons appear to right on track,thereby averting any danger to continued GDP growth.This wld help in instilling confidence among the investors abt the long term growth story .
2.Budget-The market seems to hv discounted the potential negatives in the budget.So,it may not tank even if the budget is not favorable.On the other hand,even if the budget has some positive things,the markets cld gain.And with Chidambaram,u never know.He is one guy who an pull out rabbits,remember the dream budget that he presented right under the nose of the leftists.
3.The Big one-The TCS issue cld be a real turning point in the markets direction.Its a mega issue,and if it is attarctively priced,the interest generated wld be huge.And if ppl make money on the issue,thenmore money wld pour in.Remember te maruti issue one year back.
4.This is a minor one but cld be helpful in the market recovery.Both infy and wipro are wld be issuing bonus shares in the near future.Though in theoretical terms,a bonus issue doesnt change fundamentals in any way,an infy quoting at 1300 or a wipro at 500 wld certainly generate interest in the market.
the dangers:
1.Budget turning out to be really bad.
2.International oil prices and the related politcal situ in the gulf region.
hi future equity analysts,
best of luck for all your investments.
what do u think of current market conditions, how long the slump will continue and govt. is the only reason for all this slump, when can we see back 6000 on board.
ciao,
Hey Guys,
ONGC closed at 666 today. There was a comment by Raha some days back that for every dollar increase in oil price, ONGC gains 800 crore! and half yearly results are to be bouyant because of this.
DSP Merill Lynch has a 12 months target of 900 on it, I think it might cross 1000. Any one following this stock closely?
Cheers!
NFS
Hello folks,
Posting after a longish time ..
Thought of giving some of my analysis ...
So here is the trend of Sensex since Jan 2004.
Indicator I have used is the 14-day RSI since it is a leading indicator and can also be used to form trend patterns.
Sensex has been in the grip of bears since then, It had formed a declining trend and it continued till mid of April. At around that time there was an attempt to break this trend as can be seen in the red circle.
This breakout was unsuccessful and the market came in the strong grip of bears.
The result was that this lead to a steeper fall in the market because the market came strongly in the grip of people determining the current trend (bulls/bears) (in this case bears)
Thus market touched its bottom of 4500 in the second week of May.
This was a failure swing can be seen by the new low the RSI formed.
Market rose and then very soon the new pattern formed, could be seen.
This pattern is of declining triangle and looks from the chart that it is again on the verge of a second breakout.
Next question is that how strong is the pattern?
From 14 day RSI it can be seen that sensex since the May fall has formed a support and resistance line. So would there be a breakout or the sensex would rise to form a support and resistance level.
Any answers!!
Thats all folks.
Hope this helps.
Do feel free to get in touch with me during the market hours.
My yahoo id : [email protected]
Cheers
ace
Sorry Ace I don't understand such lot of chart analysis....
The 3 - 4weeks have been very bad for me ; Had invested something round 45 k at the beginning of month , now its pathetic 34k, i waitied enough and on wednesday and thursday and also friday i lightened my entire portfolio.
Heres a briefing
SAIL 250 @ 31 ----> 250 @ 21 sold
IDBI 200 @ 42 ----> 200 @ 31 sold
Andhra Bank 100 @ 46 ----> 100 @ 39.50 sold
Vijaya Bank 100 @ 41 ----> 100 @ 39.50 sold
Canara Bank 100 @ 122 ---> 100 @ 118 sold
Bongaigon Refineries 100 @62 holding since a month
Canara Bank 100 @120 holding for 2 days
Andhra bank 100 @ 40 holing for 2 days
Cummins 100 @ 100 ----> 100 @100.50 traded on Friday
MRPL 100 @35 ----> 100 @ 35.50 traded
IDBI 100 @ 30 ----> 100 @ 31.25 traded
I've been loosing and booking them for 2 months now 8350 in may and 4000 in june.
I m still bearish on the market as i can see the FII pulling in abig way once the markets pulls. SO trying to pick up trading/ squaring off opporunities, this is the my strategy i will be implementing the month of july, hope i don't get too busy with my academics which kick off on 3rd july.
I m cursing myself for selling SAIL @ 21 coz on friday it rose 15 % to 25 -26 levels, but thats the way it works out !!!
Some IPOs are entering in acouple of months time; ppl can u give out your strategies plz
1. TCS ----> priced 800 to 100 for FV of 5/- ??
2. NTPC----> priced between 35 to 50 for fv of 10/-
3.Idea Cellular ---> bet 45 to 70 ??????
4. Hutcisson Essar ----> ??????
and many are waiting for the right time to enter any comments on these
IPO's for MF
Relalince Pharma fund IPO closed ----> thank god i've dropped
Tata P/E Fund -----> guess its a good one
Cholamandalm Leadership -----> ???
Guys as the academic season starts in is it better to get into MF or start valuepicking with horizon of 2 yrs ???
Hi again,
Could people post some midcap stocks bet range of 15 to 50 with high dividend yields . Any suggestions.
pswaroop wrote:
well, all the IPOs r of top notch companies. looks gr8 fr long term investing.but the qn is that will it help market much in the immediate term as it is already in dumps
as u can see by the progress of this thread. and mind u, ppl don't has much investible money presently(u can say this urself).
as per the call b/w equity and MF, the call is urs.the pro's and cons have been discussed many times and the decision is urs. and ya, try to wait fr the budget bfore investing further. it will either zoom or crash . on the +ve side, it has crashed too much already.so, not much on that side.
my acedemic session is starting too and i prefer valuepicking.
Some IPOs are entering in acouple of months time; ppl can u give out your strategies plz
1. TCS ----> priced 800 to 100 for FV of 5/- ??
2. NTPC----> priced between 35 to 50 for fv of 10/-
3.Idea Cellular ---> bet 45 to 70 ??????
4. Hutcisson Essar ----> ??????
and many are waiting for the right time to enter any comments on these
IPO's for MF
Relalince Pharma fund IPO closed ----> thank god i've dropped
Tata P/E Fund -----> guess its a good one
Cholamandalm Leadership -----> ???
Guys as the academic season starts in is it better to get into MF or start valuepicking with horizon of 2 yrs ???
well, all the IPOs r of top notch companies. looks gr8 fr long term investing.but the qn is that will it help market much in the immediate term as it is already in dumps
as u can see by the progress of this thread. and mind u, ppl don't has much investible money presently(u can say this urself).as per the call b/w equity and MF, the call is urs.the pro's and cons have been discussed many times and the decision is urs. and ya, try to wait fr the budget bfore investing further. it will either zoom or crash
. on the +ve side, it has crashed too much already.so, not much on that side. my acedemic session is starting too and i prefer valuepicking.
Sorry Ace I don't understand such lot of chart analysis....
The 3 - 4weeks have been very bad for me ; Had invested something round 45 k at the beginning of month , now its pathetic 34k, i waitied enough and on wednesday and thursday and also friday i lightened my entire portfolio.
Heres a briefing
SAIL 250 @ 31 ----> 250 @ 21 sold
IDBI 200 @ 42 ----> 200 @ 31 sold
Andhra Bank 100 @ 46 ----> 100 @ 39.50 sold
Vijaya Bank 100 @ 41 ----> 100 @ 39.50 sold
Canara Bank 100 @ 122 ---> 100 @ 118 sold
Bongaigon Refineries 100 @62 holding since a month
Canara Bank 100 @120 holding for 2 days
Andhra bank 100 @ 40 holing for 2 days
Cummins 100 @ 100 ----> 100 @100.50 traded on Friday
MRPL 100 @35 ----> 100 @ 35.50 traded
IDBI 100 @ 30 ----> 100 @ 31.25 traded
I've been loosing and booking them for 2 months now 8350 in may and 4000 in june.
I m still bearish on the market as i can see the FII pulling in abig way once the markets pulls. SO trying to pick up trading/ squaring off opporunities, this is the my strategy i will be implementing the month of july, hope i don't get too busy with my academics which kick off on 3rd july.
I m cursing myself for selling SAIL @ 21 coz on friday it rose 15 % to 25 -26 levels, but thats the way it works out !!!
hey swaroop me thinks u did the wrong thing by selling off.....that too after seeing the worst phase....acc to me u shud hav waited cos generally there is a rally jus b4 the BUDGET(whic is goin NOW as u can see)....this rally is bcos ppl gamble on a good budget n buy some stocks....they xpect to cash on when the indices surge on account of the good news. also u seem to hav only BANKIN n PETRO in ur portfolio...both of whic hav been recently downgraded.....my advise to u wud b to wait till july 1st-week n try n erase all ur losses...u might even make some money....its quite a possibility.keep us posted on this thread!!!
heelllooo buddies... long time almost month since i posted here... but still find tht only one page has been added..means tht i dint miss much..(with sensex down too)...
me not taking any chances .. waiting for the budget by PC...
gordon bhaiyya this thread is like the INDICES...when the chips r down so r the VOLUMES!!!!!
around the budget v r gonna hav some activity here....btw i hav bought arvind mills TATA power n MRPL(bot them 1month back) hopin their prices jump up aftr the budget...as of now i am in +ve territory for arvind...but mrpl n tata power are hugely down...so all in all at a loss 4 the time being....wat bout u???n wher r others?? nick archana muks ace all of em!!!!