panch-tattva/post result…cses and prismcem

CSES @396 (030708) gets 943 panch-tattva points and should be bought only on down days for long term.

 

PRISMCEM @31 (030708) gets 1264 panch-tattva points and is a very good item to purchase for long term.

panch-tattva talk…nifty goes up and down

Friends,

 

Nifty firmed up yesterday and lost ground today but in the end has been able to have some points added over the closing on 1st July. May it was due to DOW loosing ground yesterday by a wide margin. Such moves can come only from the operators who are busy confusing the public and want to have occasion to pick up large quantities in Indian markets. My advice to those who activelly participate in market is that they should buy on dips and they would have occasion to sell at profit. The quantum of profit may be as large as one may expect to be . Selling short and keeping quiet on advance will be fatal.

 

I also think that the negative news will have lesser impact and positive news will have larger impact from now onwards. The beas can not afford to sell agressively now.The long term investors should have an eye on ‘panch-tattva’ recommendations which will posted here after every reu  the quarter just finished but only in case of ‘nifty’ companies. For rest you would have to ask for and the charges have been given in the releveny catagory of posts.

 

I may invite you to look at sugar companies for investment and the fit companies are ‘bajaj hindustan’, ‘balrampur chini’ and ‘triveni engg’ .  Sugar companies will benefit due to rising sugar prices and additionally on account of revenue generated out of by-products and power sales. Most of the lage sugar companies have already uch arrangements. Sugar pricing will also not be a matter concern because the supreme court has given certain judgements which will be working as some sort of guideline for the govts. The rise in interest rates is negative for sugar sector but hopefully the sugar prices will more than meet the interest bill.

 

The banking sector and more particularly the PSBs are now well placed to reap benefit of higher PLR as the RBI has raised repo rates but has not changed reverse repo rates hence the active banks will lend out to corporates rather than keep cash idle or with RBI. Those of the banks which a lot of owned funds will benefit (PSBs pretty rich that way) while the private new age banks will have some constraint on this score.

 

I will discuss other sector in coming days one by one.

 

HariOm,

krsnaKhandelwal