Updates.....


In recent time there were big swings in markets..... Everyone's portfolio was down for continuous one week.... Specially mid-caps and small-caps were butchered... almost all were down 35-40-50%..... there were heavy fall among all indices... bank index was going down continuously....

Also after the land scam, infra stocks were hammered a lot...

A Lot of other stocks were beaten down to almost their 52 week low... like welspun corp went down to 160 levels from 295..... It is screaming buy... Fundamental story still intact and i will not be surprised if it will crore 240 levels again by March 2011....

I dont know what happened... suddenly on all channels those so called market analysts started giving bearish views for sensex... every one was coming out with low level target for sensex... i heard somebody was saying that nifty will go down to 5400 levels if some so called resistance broke.... I never understand what they want to prove by making stories like this???? Can anybody has answer....

A analyst advised a caller to exit from UFlex(my old pick) .. i was surprised..... UFlex CMD was involved in getting a small piece of land in lower prices from UP government... According to some newspapers he has got very good contacts in UP politicians... Does buying a piece of land at forged Prices changes the company fundamental....??? Does it will effect the business cash flows of a company..??? Have UFlex lost its Client due to this news??? Answer to all questions is NO...... I have seen whenever there is a dip of 200-300 points in sensex these analysts starts to come out from their holes and starts making new stories about bearishness.........

Today(On monday) once again... All analysts started making new higher targets for sensex... this is simply ridiculous... just few days back they all were setting up lower targets for sensex but just after 2 days they have started making guess about higher moves.... I guess these peoples were supporting SHORT SELLERS by making statements about bearish nature of market in short term..... this is my guess ,, and i dont know whether this is true or not.......

I reiterate that uflex is still a buy....all other all buy.. ennore coke, VIP Ind, Jyoti, Jyoti Structures(now brokerage houses have started to come out with a buy call on jyoti structure), Eros International, UTV, GSPL is already shining even in down market.. it is a hot cake stock now a days... almost everyone is saying to buy it... Petronet LNG is standing firm....

Trend Electronics has surprised everybody... came out with topline of 1500 crores... its market cap is just 63 crore... isnt it amazing.... sooner or later it will run...it is a screaming buy.... Suryaamba spinning mills has come down from level of 111Rs and it is a buy still.. Have a look at Super Spinning .. it has also came down 45% from its highs....

Also dont forgot Sumeet Industries... It has not moved but will start giving fruits very soon.... Hold on it... Buy Ennore Coke... It has come back to 90 levels... Once again giving excellent opportunities to invest....

SKS microfinance will make a come back.. i am still bullish on this scrip in LT......

One more stock i would like to bring into notice of readers is Shriram EPC... It is a great company ran by excellent management... fundamentally strong business model.. available at its near 52week low....at Rs 192 levels... came down from 312... It is a LT story...