Previous Recommendations : An Assessment

The following were the recommendations in respect of Nifty shares over last one month at different times  (the closing price of the same on 21st March 2012 has been given in the last column for sake of comparison ):

Stock/ Ref. date & price :Recommendation: Price on 21/03/12

ACC  on 24/02/12 @1266 : Accumulate for long term: CMP 1390/-

Ambujacem on 24/02/12 @159 : Retain and add for long term: CMP 173/-

Axisbank on 27/02/12 @1120 :’ Retain and add for long term : CMP 1228/-

Bhartiartl on 28/02/12 @348 : Buy for long term :CMP 332/-

BPCL on 29/02/12 @662 : Retain and add for medium term:CMP 695/-

BHEL on 28/02/12 @308 :Buy for long term: CMP269/-

Bajaj-auto on 27/02/12 @1706 : Accumulate for long term:CMP1734/-

CAIRN 0n 02/03/12 @371 : Retain and add for long term : CMP 356/-

Coalindia on 02/03/12 @331 : Retain and add for long term: CMP 356/-

CIPLA on 02/03/12 @315 : Retain and add for long term: CMP 301/-

Drreddy on 02/03/12 @1684 :Sell off : CMP 1675/-

DLF on 02/03/12 @202 : Accumulate for medium term : CMP 203/-

Gail on 02/03/12 @371 : Retain and add for long term : CMP 369/-

Grasim on 02/03/12 @2705 : Buy for long term ; CMP 2726/-

HDFCBANK on 05/03/12 @511 : Accumulate for medium term: CMP 515/-

Heromotoco on 05/03/12 @1863 : Retain and add for long term :CMP 1926/-

HCLTECH on 05/03/12 @ 482 :Retain and add for long term: CMP 491/-

HDFC on 05/03/12 @655 : Retain and add for long term: CMP 667/-

Hindunilvr on 06/03/12 @380 : Retain and add for medium term CMP 403/-

Hindalco on 06/03/12 @131:Retain for long term : CMP 136/-

ITC on 06/03/12 @210 : Retain and add for long term : 223/-

Infosystch on 06/03/12 @2852 : Retain and add for long term: CMP 2867/-

ICICIBANK on 07/03/12 @849: Buy for long term : CMP 934/-

IDFC on 06/03/12 @140: Retain and add for long term : CMP 144/-

JPASSOCIAT on 07/03/12 : Retain till next advice : CMP 82/-

Jindalstl on 07/03/12 @536 : Buy for long term : CMP 589/-

Kotakbank on 07/03/12 @552 : Book profits on surges:CMP 544/-

LT on 07/03/12 @1237 :Accumulate on dips for long term : CMP 1346/-

Maruti on 09/03/12 :1340 : Sell off :CMP 1363/-

M&M on 09/03/12 @675: Sell off : CMP 699/-

NTPC on 09/03/12 @173:Retain and add for long term: CMP 175/-

ONGC on 09/03/12 @281: Retain and add for long term: CMP 271/-

PNB on 09/03/12 @956 : Retain and add for long term: CMP 975/-

Powergrid on09/03/12 @110 ; Retain and add for long term: CMP 108/-

Rpower on 09/03/12 @131: Buy for medium term: CMP 128/-

Reliance on 09/03/12 @773 : Retain for long term : CMP768/-

Relinfra on 09/03/12 @639 : Retain for medium term:CMP 620/-

RCOM on 09/03/12 @94: Retain and add for medium term:CMP 93/-

Sesagoa on 12/03/12 @199 ;  Retain and add for long term :CMP 203/-

SAIL on 12/03/12 @96 : Retain for long term ; CMP 97/-

STER on 12/03/12 @114 : retain and add for medium term: CMP 115/-

Siemens on 12/03/12 @807 : Sell off on surges : CMP 801/-

Sunpharma on 14/03/12 @583 : Retain and add for long term: CMP 567/-

SBIN on 12/03/12 @2310 : Retain and add for long term:CMP 2232/-

TCS on 14/03/12 @1157 :Retain for medium term ; CMP 1175/-

Tatamotors on 15/03/12 @290 : Retain for medium term:CMP 276/-

Tatapower on 15/03/12 @109 : Sell off on surges:104/-

Wipro on 15/03/12 @431 :Sell this off:CMP 427/-

 

From above it is clear that our recommendations have proved to be right in all 5 (five ) cases where our advice for accumulation have turned out to be beneficial.

The recommendation have proved to be right in case of 22 items and wrong in case of 14 item out the total 36 items advised for retaining/buying .

The sell recommendations have proved right in case of 5 items and wrong in case of 2 items out of total 7 items where we advised for selling.

The stop loss has been applicable of in just two cases i e Bhartiartl and BHEL .

What is most pleasing for us is the fact that these recommendations were given in just about three weeks before the budget and RBI’s policy meet and the assembly results. When such three importance   events have happened in the period since our advice, the performance speaks volumes about the efficacy of our system of recommendation. Besides the gains have been quite good while the reverse price movement have been only moderate.

Further minute observation tells us that in case of Tatamotors there has been occasion to book profit as the advice was for medium term .  In case of Pharma scrips there has been some slide in price but we are hopeful that it should move up back and save losses. In case of Maruti and M&M we advised sell but price has moved up but our study suggests that the same would be correcting too.

Since the period advice has been spread out , it may be said that timing advantage has been helpful .  We take pride in being very transparent and clear always as would notice remaining with us in future too.

You may have come across innumerable sites where stocks related advice is given but you would not find any such site you plainly leave open the entire previous record for analysis .

Your encouragement and your criticism would help us improve , so please be liberal with it.

Hariom,

KrsnaKhandelwal

 

 

 

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