CAIRN @274 (09050 
gets 1148 panch-tattva points and you may buy it for long term but you should also be partly booking profit along the way.
DLF @630 (09050 gets 1008 panch-tattva points and may be bought on declines and sold on surges for booking profits. This is not very good for long term investment as promoters have large holding and may further dilute their stake.
BHARTIARTL @849 (09050 gets 1044 panch-tattva points and this may be bought for long term but should be reviewed after next result.
ASIANPAINT@1222 (09050 gets 916 panch-tattva points and is high priced at moment, those who want to buy it should buy after some correction.
P.S. The ‘panch-tattva’ recommendation is avaible for the NSE listed companies for Rs 100 /- scrip.
Friends,
The Ruppe has plunged to a low of 41.80 to a Dollar yesterday. It is due to reduced fund flow from overseas . The governments over reaction in regard to the high inflation number and the resultant enthusiasm shown by the key ministers in govt. in the form of pressure on cement and steel producers to reduce prices has given a signal to outside investors that the govt. of the day will go to any extent for the political compulsions . The reforms are no longer seem to be agenda to them . Naturally than why any body would take the risk of parking capital in this country.
It would have been alright for the govt, to correct the situation if the inflation was high due its own policy initiatives earlier. This is not the case and the inflation is due to the economic readjustment in light of the factors not under its control. The inflation apart, there is a relative price adjustment going on for various items of large consumption and the sources of raw material required for energy generation. The govt’s desire to tax petroleum to the hilt on one hand and to to keep prices from moving up inspite of oil touching $120/bbl in international market is the real problem. Yesterday Mr Raha expressed opinion the oil pricing mechanism in India has no rational basis. Mr Raha has been the Chairman of ONGC and should be supposed to know the whole oil pricing affair. When he says that it is an excercise without base , it should have substance. The ultimate sychronisation of local retail oil prices will upset many an apple carts. The wrong investment made in different sectors till then will be real economic loss for the country.
Now understand this by an example. If the petrol sells at higher price there would be no capacity expansion in the auto industry. Since oil marketers suffer the car demand goes up for the public has cheaper fuel to burn. If and when the oil pricing is freed the high fuel cost will diminish demand for cars. Investment made in auto ector will then become unproductive and it will be an economic loss for no plausible reason. The only option is to go open in all ways and rely on market mechanism. The poors should be taken care of by directly helping them by raising funds by taxing richer people.
In light of this would it not have been proper to ask the steel companies to provide steel for constructon of dwelling units of 75 sq mtr plinth area to the families without any member having taxable income, at cheaper prices. If the steel is given by producers at lower prices which finds way in to the construction of luxury houses with swimming pools, how is society is helped. So, who these ‘netas’ are crying for.
The market took beating today, not so much for local reason as for the reasons out side. The rumour is that Citi Group will sell assets worth $10 bn. I don’t see the connection here. The markets have come down due to irresponcible attitude of govt. and the fear it imparts.
However, after the advice earlier in the week to sell half your equity stock I advise you to get back in to it gradually but please get armed with ‘panch-tattva’ advice for specific stocks. The high inflation and still no relative change in the interest rates makes me speak this. Afterall this makes the real rates lower for the enterprneurs. It reuires a lot of steel and cement to construct a cement or steel plant and the share prices of cement and steel companies should go down is difficult to digest. I hope you have taken the cue.
HariOm,
krsnaKhandelwal
BIRLAJUTE @224 (08050 gets 1375 panch-tattva points and may be bought in bulk right away.You may book profits on part quickly when available and retain rest for long term.
P.S.You are welcom to ask for anch-tattva points for the items of your choice for a payment of Rs100/- per scrip. Please refer to past recommendations regarding various scrip on this site and see for yourself the worth of panch-tattva based advice. It is in fact no magic but is based on financials, environment, interest rate scene and various other factors and hence can be solely relied upon.
JSWSTEEL @899 (05050 gets 1000 panch-tattva points and may be bought on declines and sold on surges.Be quick in profit booking.
Friends,
I am addressing you from out of my base station Ahmadabad (India) after a long time over the the matter of markets’ movement. There has been a lot of improvement in indices and everybody seems to have shed some part of the fear of impending slowdown. The RBI Governor has not acted in the manner that he was giving idea of , in light of the inflation pressure ie of raising the ’repo’ rate. This may have been due to yet another interest lowering by the US Fed by 25 basis points. He , however, showed concern by 25 bps increase in CRR. I think CRR will not be affecting the economy in general but would affect the banks in some measure.
There have been a spate of results but it is mixed bag. There have been good results and bad results but none has been with some drastic impact. It can therefore be said that market would hover round this level ie around 5250 and will be tilting one way or the other after it notices some important trigger down the line.
The best strategy would be to encash profits partly and stay invested with the rest. There is risk in being over optimistic ,however, some companies have attractive prices to be invested in right away. Please keep track of such companies through ‘panch-tattva’ guidance.
HariOm,
krsnaKhandelwal
ABB @1121 (02050 gets 773 panch-tattva points and may be ignored for time being and paid atention to after next quarterly result. Who would still want to pick up should do so only on declines.
SBIN @1822 (030508) gets 965 panch-tattva points and you may accumulate this only on declines over time for long term.
P.S. You may obtain panch-tattva points and the recommendation for the items of your interest by paying Rs 100/- per scrip . People have benefitted immensely and why you put on stake your big investments without being armed with panch-tattva advice.
RCOM @577 (30040 gets 1073 panch-tattva points and should be bought for long term.
GRASIM @2404 (300408) gets 1168 panch-tattva points and should be bought for long term.
P.S. Pl seek panch-tattva points at the next result time. You are welcome to ask for recommendations in respect of scrips of your choice for payment of RS100/- per scrip.
ACC @782 (25040 gets 1094 panch-tattva points and is good for purchase for long term.
P.S. There have been many results announced. You are welcome to obtain from us the panch-tattva points for the scrips of your choice for payment of Rs 100/- per scrip.
