Monday, September 13, 2010

Market is at new highs

Market is at new highs.
For me cautious times.

I am resorting to safer bids like
1. Ponni Sugar - Low P/E, Excellent B/V, just 25% up from 52w Low
2. Archidply Ind - Low P/E, Excellent B/V, Great Dividend Yeild

Sunday, September 5, 2010

Reliance - Becoming more lucarative

Do buy some more Reliance, if you are following it. Do not put in all.
But can invest 20% more of your planned investment budget for Reliance.

How much more would it fall?
I do not know and I do not believe in anyone who says he knows.
Its just that FII and HNIs are somehow avoiding this share, I do not have the reasons, if you have please do let me know.
But once they are back, there can be a 15 % upside to be pessimistic.

Suzlon - A good long term bet

Suzlon is at near its lower levels.
Good time to buy.
It has a support at 39.
For me the business is the future t fulfill future energy needs. I can see the stock not doing good in coming times.
Investors, Keep accumulating.