Friday, May 21, 2010

Good opportunity for long term investment

The recent crisis in europe has created a good opportunity for long term investor in indian market. We have seen a correction of around 10% from recent high of 5400. One can expect actions from the govts of european countries / US to get out of this situation very soon. 

The mkt has closed down below it 200 DMA in last two session and may fall further down upto 4770-4830 tomorrow. Some of the companies with sound management, good earning visibility are trading at or below fair value!! In my opinion, this is an opportunity to add some value to our long term portfolio. Here are some of the stocks which i think long term investors should start accumulating to get avg 20-25% return in one year.....

  1. Tantia Costruction : 100-106
  2. Concurrent Infrastructure : 31-34
  3. Tata steel: 475-500 # Closed - 20% return on 08.09.10 #
  4. Renuka Sugar: 50-54  # Closed - 25% return on 12.07.10 #
  5. JP Associates: 110-116 # Closed - 20% return on 06.10.10 #
  6. Suzlon Energy : 57-60
  7. Mercator Lines: 46-49 # Closed - 20% return on 08.09.10 #
  8. Educomp Solutions: 480-503  # Closed - 25% return on 16.07.10 #
  9. HDIL: 205-219 # Closed - 25% return on 20.07.10 #
  10. Alok Industries: 17-19 # Closed - 25% return on 15.10.10 #
  11. IDBI Bank: 105-111  # Closed - 25% return on 13.07.10 #
  12. BHEL: 2230 - 2275
  13. NHPC: 27-29
  14. Nagarjun Fertilizer : 26-28 # Closed - 25% return on 05.07.10 #
  15. India Infoline: 97-101 #Closed - 25% return on 04.10.10#




1 comment:

Anonymous said...

hI...Arif,

No updates since long time...what happened...? You seems to be very busy with JERP...

do get some good tips on current market scenairo..!!

Jignesh
jigneshhpatel@ltcis.ltindia.com