November 2010
Wednesday, November 10 2010
TATA MOTORS ....
as expected YOY nos are good .... but what about Q on Q .... ??????
qoq is just about flat ...... when there is quantum jump in earnings ... we hv to look at qoq and forget yoy.
we hv additional pat of about 250 crores over june qtr out of which 160 crores is accounted for currency excange difference. ...... that means actual at core operations level ... the profit is up by about 90 odd crores. which is marginal and nothing to ga-ga over it.
i had projected 150 + eps for march 2010 and we r inline with that estimation ...... and we r also inline with the projection of price around 1500 if eps of 150 is delivered .......
to be contd ....
Wednesday, November 10 2010
| stock | go | entry | targets | stoploss |
| BANK NIFTY | short | 12940 | 12905/870/835/800765/730 | 12975 |
| long | 13010 | 13045/080/13115/150/185/220 | 12975 | |
| RELIANCE | short | 1111 | 1103/1096/89 | 1116 |
| long | 1116 | 1118/25/32/39 | 1111 | |
| TATA MOTORS | short | 1302 | 1294/86/78/70/62/54 | 1310 |
| long | 1310 | 1318/26 | 1302 | |
| corpo bank | short | 782 | 776/70/64/58 | 785 |
| long | 788 | 794/800 | 785 | |
| bank of india | short | 524 | 522/20/18/16/14 | 526 |
| long | 526 | 528/30/32/34/36 | 524 | |
| ICICI | short | 1258 | 1252/46/40/34/28 | 1264 |
| long | 1264 | 1271/79/86 | 1258 | |
| SBI | short | 3260 | 3240/220/200/180 | 3280 |
| long | 3280 | 3300/320/340/360 | 3260 | |
| tata steel | short | 643 | 640/37/34/31 | 646 |
| long | 646 | 649/52/55/58 | 643 | |
| LT | short | 2165 | 2150/35/20 | 2180 |
| long | 2180 | 2195/2210/25/40 | 2165 | |
| petronet lng | short | 126.5 | 125/23.5/22 | 127.75 |
| long | 128 | 129.5/31/32.5 | 127.75 |
Wednesday, November 10 2010
nifty spot intra
short / long - 6270/6291
stoploss - 6280 for both
L targets - 6312/33/55
S targets - 6249/28/07
Tuesday, November 9 2010
SBI is clearly under pressure .... last qtr was MANIPULATION to say the least ....... so the performance was virtually impossible to repeat .... read my comments after last results .....
bank managements hv complete freedom to do that as there r no regulations about HOW MUCH SHUD BE THE PROVISIONING against NPAs......
even employee wages were underplayed ......
SEBI and RBI shud take note and formulate some rules .......
ICICI may hv done same this qtr .... suddenly the provisioning may go up next qtr .... who knows ? ? ?
pl circulate this message to as many as u can .....
Tuesday, November 9 2010
since yesterday .... the activity has shifted to smaller cap stocks while frontline is under pressure ......
investors shud keep booking profit in these smaller stocks from time to time and not commit more than 10/20 % of capital to them ....
pl take care ......
