Bulls were in control yesterday and markets moved up smartly. IFCI was the star performer yesterday. As I had mentioned previously, IFCI was range bound between 80 to 100 till the financial bid news came.
IFCI has now put 14th December as last date for financial bids and also interestingly it is offering International Finance Corp. (IFC) which is World Banks arm a 20% stake. We may now see a price of 150 Rs for IFCI from the bidders. Hold on to IFCI till the financial bids are over.
GMR Infra seems set to move to 300 by this month end and in one year it should reach 500 Rs. Reliance Capital is also moving in fast lane and those who entered earlier can hold on to this stock for further gains.
Tuesday, December 4, 2007
Market Comments - Bulls in Control
Subscribe to:
Post Comments (Atom)
4 comments:
Hello Srikanth,
I am a small invester who has just entered into trading.. could you please suggest me a few scripts to buy now and i can hold them for 6 months,my investment amount is Rs 50000/-
sir,
i m stuck with 300 ongc purchased at 1350 in hope of bonus/split rumours.
what shud i do now at 1150/-
Hi Srikanth,
What do you feel about Applo tyres I have 500 shares at 45.
I have Lyllod steel 500 for how long i should keep it.
Also put some light on Paras Petro i have purchase 10000 shares @2.20
Please tell me prespective of 6 months.
Thanks & Regards
Ishwar
hi sri, i am a new entrant into sharemarket,basically iam a student,at present iam following your recommendations only,your blog is very useful for amateur players like me .so pls keep accessible the blog .
thank you ®ards
Post a Comment