Please post all your Generic queries / discussion points / inputs on the blog for the month of September 2010, in this section as comments. Any query or comments specific to a post on the blog should be posted under that section only and not under this Q&A.
Thanks
Nilesh
Tracking, Trading and Investing in the Markets 
Hi nilesh…
i have 1000 goldinfra @26/
and i also want to buy suzlon and punjlloyd. Is it safe to buy them at this level.
please advice
thanks in advance…
Comment by Sagar — September 6, 2010 @ 10:13 pm
Hi Sagar,
I do not have good opinion about share like goldinfra.. it might go up but I think it is not an investment type share.. On Suzlon and Punjlloyd, buy 1/3rd of what you want to buy now and wait for them to show some strength or let them correct another 10-15% before you look to buy more.. I think these stocks are very weak and near 52 week lows, so definitely they cannot show outperformance now but if their fundamental value in business change for consecutive few qtrs then these shares can show very good move.. but at these levels due to underpefromance are weak so wait for further correction but can buy some qty now.. and then wait important to monitor the results going forward for the same.
Nilesh
Comment by Nilesh Baldwa — September 7, 2010 @ 10:48 pm
Hi nilesh…
how are you now ?
I have bought shares of
anikinds @58,
lancoin @62,
pittilam @ 42
Comment by Rajan — September 6, 2010 @ 10:07 pm
Hi Rajan,
I am better… I think you have asked same share multiple times for levels…. any specific reason does my response earlier did not provide the levels? because stock has been between those range only and levels and so my view would not change 🙂
Nilesh
Comment by Nilesh Baldwa — September 7, 2010 @ 10:44 pm
HI Nilesh… Good to know you are back on field… welcome…
Are you going to post your recommendations very soon?? awaiting your post..
thanks
rgds
Manoj
Comment by manoj — September 6, 2010 @ 3:32 pm
Hi Manoj,
Sorry but very busy with work and also would be travelling for 2 weeks to Norway so would not be able to post I think..but lets see…
Nilesh
Comment by Nilesh Baldwa — September 7, 2010 @ 10:43 pm
Dear Nilesh,
whts ur take on followings :-
1) RIL
2) JP Asso
3) JP Infra
i.e. are they the rite pic at current CMP for 1-2 years horizon
regards
Ajay
Comment by Ajay — September 6, 2010 @ 8:28 am
Hi Ajay,
Reliance – you can look at it with that horizon around 900 +/- 3-4% on either side… JP Associates can be looked at around these or lower levels…but you would have to patient with JP Associates as it is in downturn right now and only once it go past 130 it would be out of it… So use the negative view and correction in it (if it comes to buy into)… Do not buy all in one go.. Deploy 1/3rd and then another 1/3r 10-15% below and then remaining…
JP Infra – i am not sure if you need to enter now.. see its movement for some more time a qtr or two..
Nilesh
Comment by Nilesh Baldwa — September 7, 2010 @ 10:41 pm
Hi Nilesh, Hope everthing fine, and Up on Recovery process.
Can you Please Advice on Prime Focus and PolyPlex , Can i enter at CMP
Comment by Satish Naik — September 5, 2010 @ 11:16 am
Hi Satish,
Both shares have run up a lot and buying into them is risky…. traders can look at them and play moves on up side but I do not think they can be bought as low risk high return now.
Prime focus can go up to 700+ levels from here with 575 as stoploss/support for it. Polyplex has been going in one direction and in new territory and I do not know till what level it can go up, i would avoid it….
Nilesh
Comment by Nilesh Baldwa — September 7, 2010 @ 10:30 pm
Welcome back! Hope you recover quick!!!
What’s your short and medium term views on Elecon Engineering?
Comment by Amit — September 4, 2010 @ 9:35 pm
Hi Amit,
This stock is been in a range , as you know.. so keep a stoploss of 83 on this stock (if you have it).. It needs to cross 96 levels on closing level and it could make a quick dash to 105-108 from there.. on crossing those levels it can go to 115-118 levels but for now seems to be in a range… so for medium term perspective you could buy this around 87-90levels with 83 as stoploss for returns of 15-20% from here….
Nilesh
Comment by Nilesh Baldwa — September 7, 2010 @ 10:21 pm
Hi Nilesh,
Thank you for advise. pls guide me for the following.
1. VIPIND & Karur Vysya Bank for long term hold.
2. What is ur take on EIH
thanks
Joseph
Comment by Joseph — September 4, 2010 @ 2:16 pm
Hi Joseph,
I would not buy into VIP Industries or Karur Vysya for long term at this value and price… Well EIH Associated has run up like anything and do not see any point buying now.. it is more of news and speculative trading in that stock now…
Nilesh
Comment by Nilesh Baldwa — September 7, 2010 @ 10:18 pm
Hi Nilesh
Good to see you back. Hope you are resting well.
I would like to know future of finolex industries. Seems to show great strength in last few weeks.
Thanks
Vivek
Comment by Vivek — September 4, 2010 @ 12:20 pm
Hi Vivek,
You might look at it from trading perspective but not at these levels as it has run up a lot.. I think if you want to look at it and have a better risk reward then try to buy around 90-95 levels for trading and investment should be further below…..
Nilesh
Comment by Nilesh Baldwa — September 7, 2010 @ 10:13 pm
You have not given any long term tips (9 – 12 months) post May 2010. Also pls. suggest Mid Cap banking scrips from medium term perspective.
Comment by Vicky — September 4, 2010 @ 12:29 am
Hi Vicky,
Yes, Sorry about that but I do not feel like investing much now and so not put any recommendation.. and then was busy with work or my surgery later….. Would post once I have good recommendations… On banking side following stocks can be kept a close watch and looked at on corrections:
Orient Bank, Canara Bank, Allahabad Bank, Bank of India… and some others…
Nilesh
Comment by Nilesh Baldwa — September 7, 2010 @ 10:10 pm
I have 500 rnrl @ 156. Please advise
Comment by Amrit Pal — September 2, 2010 @ 11:23 am
Hi Amrit,
There is no point expecting your price to come on this share anytime… With RNRL-Relpower merger anyway two laggards would not do much in anytime soon.. This is a trader stock so you can only do trading and make some money if you enter at right price and exit on short returns. So if can trade in market then follow this stock and trade in 5-7 rs range but it is going to take a long time to get your money back… Simple advise could be to just exit but then I am not sure if you can exit and it wont be right to exit at such a low price… Sorry could not be of much help but this is a laggard…. And only traders can take it up and those moves can be quite big…
Nilesh
Comment by Nilesh Baldwa — September 2, 2010 @ 10:04 pm
Hi, Nilesh ,Can we enter JB Chem and Fortis Health at this price.If so what can be it’s near term target.
Comment by K.Ramanaiah — September 2, 2010 @ 9:17 am
Hi Ramanaiah,
JB Chemicals move up and then correct a bit and again move up so has been a trend on upside…. If you want to enter then look as per short term trading opportunity with 102 as stoploss and for a target of 130 if it can go past 118 levels. Major support for stock is around 90-95 so you can keep that as stoploss if you are looking for a longer period.
Fortis Health -> Keep 150 as stoploss and if it can go past 165 then can go to 180 levels….
Nilesh
Comment by Nilesh Baldwa — September 2, 2010 @ 9:59 pm
Hi Nilesh,
It is nice to hear you back afetra successful surgery. Thanks GOD. Please give your recommendations including resistance and support level of the following :
1. Hanung Toys
2. VIPIND
3. Karur Vysya bank
thank you,
Joseph
Comment by Joseph — September 1, 2010 @ 11:31 pm
Hi Joseph,
Hanung Toys -> I do not know what is your outlook but would be prudent to book partial profit… Keep a very short term stoploss of 293 and 250 as long term stoploss… If it goes below 250, exit and on upper side, it is in new territory and with momentum can go another 10-15% up so just keep trailing your stoploss and ride the move….
VIP Industries -> 460 as stoploss and 510 as resistance on closing basis… Once it goes past either direction, a 10% move cannot be ruled out.
Karur Vysya Bank -> Difficult to say where it stops but has run up already 35% from 600 levels, i think time to book profits atleast half if not all and keep trailing stoploss to protect your profit.
Nilesh
Comment by Nilesh Baldwa — September 2, 2010 @ 9:52 pm