A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
IGL is an Event based call Indraprastha Gas Ltd (IGL)@ Rs 255 ~ up 5+% today ~was discussing it yesterday morning and it made good sense playing Options rather than Spot ~ The 52 Week High Low is Rs 453 (7/9/2011) and Rs 170(10/4/2012) ~On July 25,2012 IGL actually touched a low of Rs 210 …
Indraprastha Gas Ltd (IGL) @ Rs 255 ~ up 5+% ~ Playing Options better than Spot Read More »
Thought I should reproduce my brief response to Salil’s query on BHEL for wider and easier visibility reading Price Movement ( www.bseindia.com) “Salil, BHEL was my top pick core pick eight to ten years ago ~ I had it in every clients portfolios picking it in the early Hundreds ,when FV was Rs …
BHEL @ Rs 220 and near it’s recent 52 Week Low looks interesting Read More »
NHPC @ Rs 18 ~ From Defensive to Default ? 😕 despite Dividend Declaration ! Fitch has just downgraded NHPC ~ The Long Term Issue Default Rating (IDR) Outlook has been revised to Negative from Stable while Fx and Local Currency IDR rating has been reaffirmed at ‘BBB-‘ Chart source : www.bseindia.com I had rated NHPC …
“ The difference between perseverance and obstinacy is that one often comes of strong will, and the other from a strong won’t ” From 16000 and 4900 respectively are the Sensex and Nifty Persevering to Move Up or are they Obstinate not to Move Down!? As I blog @ 1 pm the Sensex is 16364 and …
The Name ‘Reliance’ is a misnomer and misplaced here….and not for the first time either ! Reliance breaks Rs 700 on the downside yet again…Two days ago on May 8,2012 to it recorded it’s 52 Week Low of Rs 671 ……this should test conviction of even loyalists Closing at Rs 695,Reliance’s Market Cap is Rs …
Overheard a Stock Market Conversation….”I’ve Lost Rs Two Lakhs in Stocks last year !”….”You’re lucky,I’ve drained Rs 10 lakhs !” Both uttered with Straight faces…no chuckle ! They say Fee Based Income in Capital Markets is safer and less riskier than Fund Based…of course it will be !…it’s those who you advise and transact for …