Financial results and be cautious lot of negative news items on pending.
2G Spectrum scam goes very seriously, Avoid 2G spectrum scam related companies and telecom stocks.
After Petrol price hike, Diesel and LPG Gas cylinder prices also considering to hike, focus on oil and gas stocks.
Scooters India, Govt stake sale.
New listing: Sanghvi Forgings & Engineering (Price Band 80-85 per share), CIL Nova Petrochemicals (scheme of arrangement).
BSE Sensex - NSE Nifty technical:
CNX Nifty technical level is 5,200 to 5,700 points for May 2011.
BSE Sensex technical level is 17,000 to 19,000 points for May 2011.
If indices break these levels, be cautious. Expected outlook is bearish.
Performance of Research Tips
Friday recommended Prithvi Information Solutions suddenly jumped to near Rs 40 in minutes.
We continuously recommends to avoid telecom stocks. Now see Reliance communication near 52 week low. Many telecom companies facing license cancellations from DoT (recently Idea and Spice telecom, next Tata, Uninor on card).
MIC Electronics: It is a global leader in the design, development and manufacturing of LED Video Displays, high-end Electronic and Telecommunication equipment and development of Telecom software products.
NSE Stock trading at 22. Must Buy at current market price with stop loss of Rs 20 for the immediate target Rs 25 to 30. Technical tip, not for investment purpose.
Shalimar Paints: India's oldest paint company based in Mumbai. The company engaged in manufacturing and marketing of paints for industrial and domestic use.
Stock trading at Rs 525. Sell if trades above Rs 540 with strict stop loss of Rs 520 when market open. Immediate target price is below Rs 480. Recommended to short on Friday, we renew this call.
Hot stocks
Halonix, Amrutanjan Healthcare, JB Chemicals, Kwality Dairy, Wanbury, Carol Info, Jindal Cotton, Servalakshmi Paper, Ashok Leyland, Voltas, Sun TV.
Special Focus
Analysis of IPOs
Is IPO's getting better returns ? If yes, Lot of IPOs quoting below issue price, How do get best returns from IPOs.
Is IPO's getting better returns ? If no, Why lot of Institutional Investors, Funds, and Retail investors queuing to subscribe through primary market.
In the current market conditions investors of initial public offering (IPO) lost lot of money. Recently listed many IPO companies trading at discount from issue price. Some biggest companies trades around issue price. In last week a IPO withdrawn from issue due to poor response. Estimated value loss of investors wealth in 2011 listed IPOs is above 2500 crores, According to NSE and BSE IPO data.
What will do investors now? Pick the fundamental picks listed in 2011 and trading with high discount. This is the best investment strategy than primary market offers.
Is Sugar Stocks can sweeten your Investments ?.Read Tomorrow...
Finance Quote: Once Learn Cannot be Unlearn, So Learn to Earn.
Update on: [ 23-May-2011, 8.50 AM ].