October 2010

madhav ranade (10/19/2010 9:34:54 AM): HDFC .... again this qtr nos also not something to write home about ...... and stock looks - at best - fairly valued in view of fancy with FIIs .....

as long as robust flows continue .... it may hold this price level ..... but in medium term there is 10 % downside for sure .........

remember my words ...... after last results i had said that u wl get the stock below 3000 .... when it was quoting at 3170 ..... and u did get it it at that price ........

madhav ranade (10/14/2010 12:03:02 PM): INFY ..... the stock is trading at near all time high ...... to move up further .... it wl take super duper results plus improvement in guidance .......

with US dollar hovering around 44.3 a dollar ...... it wl need a very brave decision by the management.  considering conservatism of INFY management, there is only a max 10 % chance of a strong improvement in guidance ....

it may be prudent to cut longs and wait for results .... otherwise buy a call spread 3200 call long and 3300 call short with nett risk of 37/38 rupees ....... think over and act quickly .....

u may also buy 3100 put to exploit any weakness in INFY post results ........

HDFC ...... when results came and stock was around 730/735 .... i had written that this is second consecutive qtr when HDFC has given just about OK results.

but due to FII fancy the stock has been ramped up to any proportion .... investors shud buy only in 650/670 zone .......

did u see any brokerage giving a sell on HDFC ..... but they hv been quietly selling .... otherwise the stock will not be at 673 today ......

i take immense pride and pleasure in these predictions coming true ..... HDFC is a true blue blooded stock ... and with huge FII holding ....

 to get such a prediction right is more important to me than getting a 5 crore portfolio to manage ....... because MONEY IS NOT EVERYTHING ......... to me atleast

cheers ......

INTRA DAY		date	27th october 2010
stock	go	entry	targets	stoploss
BANK NIFTY	short	12335	12290/245/200/165	12380
	long	12380	12425/470/515/560	12335
RELIANCE	short	1097.5	1094/90.5/87/83.5/80	1101
	long	1101	1104.5/08/11.5/15	1097.5
TATA MOTORS	short	1193.5	1190/86.5/83/79.5/76	1197
	long	1197	1200.5/1204/07.5/11	1193.5
STERLITE	short	172	171/70/69/68/67	173
	long	173	174/75/76/77	172
INFY	short	3004	2987/70/53/36	3021
	long	3021	3038/55/72	3004
ICICI	short	1129	1125/18/11/04	1133
	long	1133	1135/39/44/48/53/57	1129
HDFC	short	698	695/92/89/86	701
	long	701	704/07/10	698
RAYMOND	short	436	432/28/25/21/17	440
	long	440	444/48/51/55/59/63/66	436
LT	short	2040	2034/28/22/16/10	2048
	long	2048	2053/60/67	2040