On my post dated 18.2.2010, I have recommended to Buy BPCL, HPCL & IOC. See the prices now. Fundamentally all the three are very good investment opportunities.
Prices then & Now- HPCL-340-435
BPCL-580-635
IOC- 330-395
Wait for a correction to add more.
Tuesday, June 29, 2010
Monday, June 21, 2010
52 Week High is in Sight for Nifty!
Market is entering a new orbit with today's surge of 90 points in Nifty. The 52 Week High of 5399 is at a striking distance, and going by the Global clues, we will be getting a new 52 week high within a day or two. Once that is achieved, market may look at 5545 as the next resistance. All in all, Index based fundamentally strong scrips are in for a move!
But watch for the Rupee Movement. An appreciating Rupee will dampen the sentiments in IT Stocks!
But watch for the Rupee Movement. An appreciating Rupee will dampen the sentiments in IT Stocks!
Sunday, June 20, 2010
Sell Fundamentally weak stocks, Convert into Strong Ones
Market may consolidate for 2-3 sessions before a break out upwards.It is advised to get rid of fundamentally weak stocks like RNRL and get into Fundamentally strong stocks like RIL & Reliance Infra
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