Skumars Nationwide Ltd......58.1

Hello Everyone,

SKNL today has closed at 58.1. Since last 25 trading days stock is making higher bottoms. Stock is moving with constant line of supply and rising line of demand. Here I am presenting the technical chart of SKNL.

{Click the chart. After opening of the chart page, click icon below the chart on the right side. This will expand the chart to normal size for best view}

The pattern which I have underlined is of "Ascending Triangle". Still some blank space has to be filled or the stock has to cross this level of 58 with volumes and conviction. That will be a "Breakout".

Strong close above today's level will propel the stock to 62 plus.

Kishore

Hanung Target 155 Achieved.

Hello Everyone,

Hanung did achieve target of 155 last week itself. It even crossed 160. Still it is ruling above 150. Any close above 160 with volumes will give a sharp upsurge in the price.

Kishore

Buy Hanung Toys.......Target Price 155.

Technical Call: { 29/6/2011 }

Hanung Toys & Textiles today has closed at 143.35. Stock has closed up 14% by huge volumes.

Stock should cross 155 in coming days.

Buy Hanung in two tranches for a target price of 155.

 

Kishore

GTL LTD.............CLASSIC CASE OF FAST-FURIOUS FALL.

GTL LTD........CLASSIC CASE OF FAST-FURIOUS FALL.

Hello Everyone,

This is not the first time that a "stock" has fallen so fast and furiously. Let me remind few instances which became history in Indian Markets.

Few years back United Spirits had fallen in one single day from 800 levels to 500 levels and recovered in few days.

Few quarters back Orchid Chemicals had fallen to two digits and recovered in same way.

Reliance Infra had fell 23% in one single day and recovered all its losses in few days itself.

Same was with Core Projects, stock had fell to 151 levels and recovered to 235 on the same day and still trading much much above it.

SKS Microfinance fell to 260 levels and recovered and even crossed 400 in these days. Today too the stock is 377.

Same fate was with Sun TV and recovery too is so fresh in our minds.

Now it is GTL.

On Thursday 16th June stock was 408, on Friday 338, on Monday it fell to 127.95. Tuesday, after making high of 148 closed at 123.30. Wednesday, 22nd June, it has closed at 116.

Fundamentally, nothing is wrong in the company. At this rate the valuations are very attractive. Stock is available below its Book Value! Stock available at 5-Year Low.

So many rumors floating in the market. That might be Mauritius treaty, inability to raise funds, default on FCCB's, sell-off on pledged shares and many more. 

What I could understand the basic selling first came from Fear, Speculation, which got converted into proprietary selling. Clients and Big Boys who had got funding in front of this share who were unable to meet the margin requirements were forced of "automatic" selling. Now this type of selling can happen at any rate irrespective of the fundamentals

Such are the cases where we get so ridiculous valuations. During Ketan Parikh era GTL had made high of 3500 and low of 48. At that time GTL was something different, today it is alltogether different. Today stock is available at very low PE multiple. Such are the opportunities for "Accumulation". In today's time hardly any house will recommend. First they will accumulate and then come with "Buy" Report.

I will go with Sir Warren Buffett and his follower Shri Raamdeo Agrawal. Pay a Fair Price to your company. Such opportunities dont come everyday, but when coming grab them.

It is what Price you are paying for a good company and how much time you are holding will determine the rate of return.

I dont mean here that stock cant fall more. Markets can behave irrationally. Stock can fall more, but do use now these rates for accumulation.

Stock should be ACCUMULATED at every 20/- fall.

When accumulating in such cases one should give a decent time period, atleast 2-3 quarters of HOLDING.
I strongly believe at some depressed "Price" all the "uncertainties" and even "bad" news gets discounted. Somewhere the "Value" emerges.

Happy Investing

Kishore

Accumulate Bombay Dyeing.........369.

1/06/2011...........1:40 pm

Hello Everyone,

Since last one month plus Bombay Dyeing was in falling mode. Stock was falling from 415 levels. Stock made a bottom formation at 330. With some consolidation, now the stock has started moving up.

Since last three days stock is making White Candle. Volumes too are supportive. On Technical Charts it looks something like "Saucer Formation".

With start of "saucer formation" one should definitely Accumulate the stock.

So my strong advise would be to Buy Bombay Dyeing in two tranches. First at CMP of 369 and second at 350's if available.

One can expect a Price Target of 393 plus in coming days.

Happy Investing, Safe Trading

Kishore

Target Price for Oracle Achieved!!!

Hello Everyone,

Oracle { OFSS } recommended a fortnight back has achieved its Target Price of 2200 plus. The stock today is up by some 14% plus, trading at 2240 with good volumes.

Good day to book major Profits. Keep small holding for coming days.

Kishore

Accumulate Oracle Financial Services Software Ltd.......2105

15:10, Monday, 25/04/11

Hello Everyone,

Oracle Financial Services Software Ltd { OFSS} is up by 5% and is now available at 2105.

Stock was first in downward mode but now has given a good bottom of 1950. It has bounced back from that level making it a very strong support.

Stock should be accumulated in two tranches, first at these levels and second in the range of 2040 to 2060.

Stock should give a Target of 2200 plus. Now only worry here is this stock carries very low volumes. So my advise would be to accumulate in small-small quantities only.

ACCUMULATE ORACLE WITH TARGET OF 2200 IN SHORT TERM.

Happy Investing, Safe Trading

Kishore

BGR Engery Target Achieved.

8:30 am. Monday, 25/4/2011.

BGR Energy recommended with a Price Target of 570 plus made high of 588 and has closed above 570. This is the price to book profits. This never means that stock wont go more up, well our basic theme is to make profits in a smooth-safe way. We have no intentions to catch exact lows or highs { a impossible task}.

So the safe mode would be to book profits once Target Prices are achieved. There is a saying in Market, "No one has gone broke by booking Profits."

Today is the first day of Week. Let Markets open, let volatility come, with opportunity arising I will be posting next call for medium term.

Till that time keep your Cash Tight.

Happy Investing, Safe Trading

Kishore

Investment Guru............Warren Buffett.

Hello Everyone,

Apart from Trading the most enjoyable, mysterious, & rewarding journey has been of Investment. Well when I say Trading please do not misquote me as a day trader, here trading means even holding for a month-to-quarter.

In my career of Stock Market Studies and in later years of Investing the most inspiring person ever has been Warren Buffett.

In fact my Advance Course on Equities is fully inspired by Warren Buffett's Principles and Strategies.

His simplicity, his preaching, his books, & letters to his shareholders are worth reading, rereading, preserving and following.

Today I will present only 5 Investment principles of Warren Buffett. Here are his words of wisdom making him one of the richest person on the planet.

A great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem.

It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.

The investor of today does not profit from yesterday’s growth.      

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.

In this series of 5-Lessons, first 3 are the most important ones which I felt and followed in last few years.

In coming days I will give some Indian examples which fitted very well with these principles.

Happy Investing,

Kishore

Accumulate BGR Energy Systems Ltd................536.

8:40 am, 5th April, 2011.

Hello Everyone,

BGR Energy Systems Ltd. has given a channel breakout with huge volumes. Stock has closed at 536 with 19 lac plus volumes.

Company is a Fundamentally strong one with lot of news flow in the counter.

Technically, stock has given a favorable MACD suggesting decent upside in coming sessions.

Accumulate BGR Energy in two lots, one at the available price and second in the range of 510-520.

Stock has got potential to reach 570 plus in coming sessions.

Detailed report very soon, till then accumulate BGR.

Kishore

Aban Offshore.............Target Achieved-Surpassed!!!

Hello Everyone,

Aban Offshore mentioned at the rate of 595 achieved and surpassed the Target Price of 630. Yesterday stock made high of 680 plus and has closed at 677.

Congratulations to billion plus Indians on having visit of Sir Warren Buffett in India and a well deserved World Cup!! Congratulations to everyone who participated in Aban!!

Kishore

Accumulate Aban Offshore...........595.

2:15 pm, 24/3/2011.

Hello Investors,

Aban Offshore is trading at 595. Today stock is up by 6% with huge volumes. At present stock has already witnessed volumes of 13 lac plus.

Stock has got good support at 565.

Stock should be accumulated in two tranches, first at CMP and second in the range of 560's if available.

Today's strong move { till now} should propel the stock to 630 plus in coming sessions.

Accumulate Aban from these prices for a target price of 630.

Kishore.

Target 2 of Jet Airways achieved!!!

Jet Airways just managed to touch 480 by making high of 480.70 and has slipped down.

In fall, again its an opportunity to Buy.

Kishore.

Target 1 of Jet Airways achieved!!!

Jet Airways achieved its first target of 465. Today, stock zoomed past 470. Stock should cross 480 in coming days.

I will give investors hint n strategy to make money in this sector. This I had posted on STOCKBIZZ community on orkut few days back.

{{{ THEORY is, whenever crude prices are at Highs, it is very hurting for Airline Stocks due to increase in the cost of Aviation Turbine Fuel. Due to that, the airline stocks are always available at low prices.

Now the STRATEGY is, since crude prices are at High, they are not going to remain at high for high period because all the micro problems-events like Egypt-Libya-Arab countries crisis will get over.

So these times become very nice for ACCUMULATION of Airline Stocks. Only keep in mind, that to decline the prices of crude it might take time. But once the decline comes, all airline stocks should shoot up.

Now when talking of Airline stocks I would go with Jet Airways because that is the company in that group which has turned into profit since last few quarters.

Go for Jet Airways which is available at 425. In worst case it can come to 360. So go for Pyramiding and start the accumulation.}}}

Today stock crossed 470 levels and should achieve target of 480 plus soon...............Hold tight.

Kishore

Accumulate Jet Airways......440.

Hello Everyone,

Markets at the peak of Volatility, sending shivers in the bones. Its 3 pm, markets are running. In the morning markets flat, then dipping by 180 points, then giving recovery, even going up by 170 points, now again markets flat to negative.

Jet Airways is trading at 440. Stock is being accumulated by strong hands which could give huge short covering. Accumulate Jet Airways in two tranches, one at the CMP and second anywhere below 410.

Targets for Jet in coming days would be 465 and 480 plus.

Detail report in coming days, till that time, just ACCUMULATE.

Kishore.

All suggested Targets in Reliance Infrastructure achieved!!

                                                                                                                                   6:25 pm, 23/2/2011

Hello Everyone,

I had recommended Reliance Infrastructure for accumulation at the rate of 615. Two targets mentioned were 645 & 680. In spite of immense bearish mood and volatility in the index, the stock today achieved and surpassed both the targets. It made high of 710 and has finally closed at 698.

Congratulations to those who participated with conviction.

I am getting few mails asking me to update the writings and give recommendations very often.

Well, this site is no where site for Day Trading. When recommending, at any moment, the holding period should be at least one month plus. Secondly, I have to wait for the right opportunity { price} and moods of the market before recommending.

Coming back to Nifty, as long as it is above 5400 there should be no worry.

Big trouble can emerge if Nifty breaks 5400 with volumes. So keep a watch on Nifty.

With right price and opportunity, I will be posting my next recommendation.

Till that time hold your Cash Tight.

Happy Investing Safe Trading.

Kishore

Accumulate Reliance Infrastructure Ltd........615.

{ 8:15 PM, Saturday, 12th Feb }

Hello Everyone,

Nifty broke major support level of 5400 on 7th Feb triggering all round selling. Nifty breached the levels of 5200 but did bounce back from there, finally closing at 5310 on Friday, 11th Feb.

Renuka Sugar gave movement on both sides, touching 80's on lower side and crossing 93 on the higher side.

ADAG stocks were in limelight because of all the wrong reasons. Lot of rumors were floating in the market related to summon from CBI thus plummeting ADAG stocks to 52-Week Lows.

Worst affected was Reliance Infrastructure giving fall of more than 23% in a day. The stock went sub-500 levels but did bounce back in last two days, finally closing at 615. Once the clearance came from the management, stock gave short covering, shooting past 600 levels.

FnO Data is suggesting more short covering to come in coming days. Monday is the day of results and a board meet on buy back. In anticipation of good results with any positive development, stock should witness huge short covering and some long built-up.

Stock should be accumulated in two tranches, first at CMP of 615 or any comfort price available on Monday and second sub 570 levels.

Stock should give Targets of 645 and 675 plus in coming days.

As far as index is considered levels of 5400 are very important levels. Major moves will come above 5400 only. As long as index is below that, markets are in weak hands suggesting steep downfalls.

Happy Investing-Safe Trading.

Kishore

Expect bouts of Volatility.........Accumulate ICICI Bank.......1018.

Hello Everyone,                 { Monday, Jan 31, 9:12 am }

January series was one of the toughest series faced in last many years. Nifty slid by more than 9% in January series creating havoc in investor/trader community.

In such bad-tough series too we were able to generate profits in recommendations like Hexaware, ICICI Bank, and Renuka Sugars.

For index, first major support should be 5400. Index should do bottom formation with intense volatility.

As far as stock stories go, I would again stick to Financial Stocks. Lot of short positions have been built in the sector. With any pullback in the index, the sector should witness huge short covering, propelling the stocks in positive territory.

In Financials my choice again would be ICICI Bank { Close Price 1018 }. Last week after kissing 1091 stock did fall in line with the sector and index. On Friday, after making low of 993 stock has closed at 1018.

Technically, stock has made "doji" which is first sign of reversal. A white candle in a day or two should give a strong positive move. Those who could not participate in last week's rally can accumulate ICICI Bank in today's weakness.

This is second time in row that we are coming with recommendation of ICICI Bank.


Do accumulate in at least two tranches for a target price of 1061 plus.

Happy Investing-Smart Trading

Kishore
Indian Stocks FnO Tip
StocKValueResearch
StocKistech

Targets Achieved.....................ICICI Bank & Renuka Sugars.

Hello Investors,                                                                                                           9:40 am, 25/01/2011

Today is the day of Macros, day of Credit Policy by RBI. Expect lot of volatility during the day. Market experts are expecting a 25 bps rise in Repo Rate and Reverse Repo. If RBI comes with this rise, market should take it in a cool way since this event is “discounted”. If RBI is coming something like 50 bps then we may see a selloff. Still the consensus goes with 25 bps.

Secondly, this week is of "Derivatives Settlement",  should give lot of volatility in many stocks.

In this series we had recommended stocks like Hexaware, Educomp, ICICI Bank, HOEC, BGR Energy, and Renuka Sugar.

Hexaware was the first to perform and achieve the targets.

Last week markets gave Yo-Yo movement giving immense opportunities for accumulation in all the recommended stocks.

Two stocks which achieved their targets are ICICI Bank achieving target of 1091 and Renuka Sugar achieving first target of 91. Both the stocks gave investors/traders prices/opportunity for accumulation.

After recommendation, ICICI Bank had slid below 1000, Renuka had touched 82.85, now both the stocks have bounced back generating huge profits.

My advice in these two stocks would be to book partial to full profits depending upon your average purchase price and absolute rate of return.

Congratulations to investors/traders who participated in recommended stocks.

Happy Investing-Smart Trading.

Kishore
StocKValueResearch.
StocKistech
Indianstocksfnotips

Accumulate Shree Renuka Sugars Ltd.

Hello Everyone,

Last week had been of weakness in the markets. In spite of the deep cut, all the recommended stocks are trading in comfortable zone and few even gave Profits even in bad markets.

A stock which is showing some bottom out is Shree Renuka Sugars. On Friday's close Renuka has closed at 87.60.

Stock has got very strong support at 76 and strong resistance at 99.

Stock has been falling from 99 with decline in OI suggesting winding up of long positions and a near bottom out. Once the winding up is over, stock should give some bottom formation and next leg of upmove.

Renuka Sugars can be accumulated in three tranches, first in any weakness on Monday in 87-85, next in the rage of 82-80 and last one in 78-76 range thus making average of 82.

If lower levels are not available atleast one would be with some quantity in upper band.

With near bottom out, stock should give next rally giving targets of 91-93 and then 96-99. Once 99 is broken 104 becomes the third target.

Renuka Sugars: Close Price..............87.60
Levels of Accumulation.....................< 87...........< 82............< 78.
Targets.............................................> 91...........> 96.............104.

Happy, Safe, & Smart Week for Everyone,

Kishore-Indian Stocks FnO Tips.

Review of Recommendations.

Hello Investors & Traders,

Stock Markets are giving extreme Volatility. One day markets are down, next day up, again down, up and down. In Technicals, I have termed this as Yo-Yo effect/phenomenon.

I am a big follower of Technical Analysts like Sudarshan Sukhani, Atul Suri, & Ashwani Gujral. Fundamentals are excellent of S.P. Tulsian. { Indian Markets }

I will go by the words of Ashwani and Tulsian that this market is not of buying in rallies and short selling in falls. This market is of buying in dips and cuts & selling in rallies. With that theme many people got huge profits in Hexaware, decent gains in Educomp and ICICI Bank. All three gave opportunity to buy and sell.

At present ICICI Bank, Educomp, HOEC, & BGR Energy all are again available at second levels of accumulation. Any/All of the stock/s can be bought for average out, and should be held with conviction in coming days for Profits again.

Today, I will reveal my style/secret of Trading. I trade Technicals in a Fundamental Way. That means even if I am following technicals I hold the stocks like a fundamental investor without any fear with conviction for a decent period of time for some healthy gains.

Even when accumulating/holding technically, I wait for the target price and/or atleast one month plus, because thats the slot period for F&O traders. So do accumulate and hold stocks atleast for a month even if u are a Trader.

In coming days, I will reveal some interesting strategies on accumulating with fundamentals also and of course style n secret too.

In a day or two I will be posting a article for Traders/Investors on Shree Renuka Sugars Ltd. Till that time do work on its charts and F&O data.

By Monday Report on Shree Renuka Sugars Ltd will be with you all. Till that time, Enjoy the weekend.

Happy Investing-Smart Trading,

Kishore-Indian Stocks FnO Tips.

Markets zooom...............ending in Dark Green.

Hello Everyone,

As discussed in my last post, many experts had turned negative on the markets. Whereas the Technical Charts were suggesting a bottom out and even the FnO data too was suggesting the same.

I had mentioned very strongly on 10th of Jan that the market would settle in a day or two. All the dips and cuts were buying opportunities. All my calls suggested were available at their strong support levels.

Yesterday, markets gave intense Volatility, going up by 200 points, coming down, going up, and settling in Red.

Today was the day of Economic date, IIP numbers. Markets were expecting bad set of numbers and the numbers which came were much worse than expected. By that time market had lost all its gains and again was trading in deep red.

As discussed in my sessions Markets usually moves in "anticipation". With anticipation of bad set of IIP numbers, market had already fallen too much. So once the number came it gave a knee-jerk reaction, a deep cut and bounced back like a rocket which was expected, in line of  ARR Theory, i.e. "anticipation-results-reaction"

Today I got many mails and I congratulate to all those investors and traders who accumulated in this fall.

My only advise at this stage would be to start distribution too in this rally so the Profit gets locked and comes Home.

All stocks suggested like Educomp, ICICI Bank, HOEC, and BGR Energy gave chance to accumulate in tranches. Hold them tightly for your targets and be ready to book PROFITS.

Investors/Traders can mail at kishorelekhwani@gmail.com

Happy Investing-Smart Trading

Kishore-Indian Stocks FnO Tips.

BGR Energy looking good at 664.

Hello,  { 10/1/2011, Monday, 2 pm }

Markets have gone into tailspin, creating havoc for retailers. Everyone on blue channels is talking negative things. So it seems that when everyone has turned negative, markets should settle in a day or two.

So it becomes good time to start cool accumulation. In these days I have mentioned few calls in which some are still open like Educomp, ICICI Bank, and HOEC.

In that series I give one more call of BGR Energy. At present stock is trading at 664 with little positive bias.

Any fall in the stock should be used for accumulation.

In coming days BGR Energy should cross 701. Use the weakness to accumulate.

Use the weakness and bearishness in market to accumulate above suggested stocks. All the stocks are of Fundamentally strong companies, all in the range of strong support levels. In coming days all should move with strength. When the markets turn positive, they should be the one to bounce back very fast.

Till then Happy Investing, Safe Trading.

Kishore-Indianstocksfnotips.blogspot.com

Accumulate HOEC...................Close Price 214. Monday 8:40 am.

Hello,  { 10/01/2011, Monday, 8:40 am }

HOEC has been falling from 251. Futures are showing shedding of OI suggesting a bottom out of stock.

Stock on Friday has closed at 214. Stock should bottom out here with some maximum fall of 12/-.

So these levels become very good to start the accumulation. Start buying from current available prices till 200/- if available.

Technically too, stock has strong support at 200.

Accumulate for a target of 230 plus.

Happy Investing Safe Trading.

Kishore-Indianstocksfnotips.blogspot.com

Accumulate ICICI Bank...............Current Market Price 1056......7th Jan, Friday, 10:30am.

Hello, { 7th Jan, Friday, 10:30 am }

ICICI Bank has been in falling mode since last few days. Stock was falling with increasing OI and Volumes suggesting weakness.

Now since last two days stock is consolidating giving some minor dips with decreasing OI.

Stock should settle here somewhere with maximum 30-40 fall. In coming sessions it should witness unwinding of short positions thus propelling the price northward.

Today the Futures are witnessing very high contracts.

Stock should be accumulated in two lots, one from these levels of 1050s and another near 1000 if available.

Stock should give targets of 1091 plus in coming sessions.

Happy Investing-Safe Trading.

Kishore-indianstocksfnotips.

Hexaware 127, Book Profits.

Hello,

Hexaware call was given on 20th of Dec at the rate of 109. Stock zoomed to 129 and today closing at 126.6. Stock was witnessing accumulation with increasing open interest. This gave a spurt in the price, thus appreciation of 15% from recommended levels.

At these levels, I would advise to book profits and come out of Hexaware. Return of 15% plus in such a short period is Robust Return.

Secondly, successful investor and trader is the one who takes a smooth ride without giving any attempt of catching lows and highs. Stock can go to much higher heights but for successful people targets are achieved.

In trading and investments, Protection of Capital should be the first motto, with proper knowledge, implementation, and safety measures, returns do come, they should be locked.

So without worrying too much about its next move, do book profits.

Congratulations to those who participated in the smooth ride of Hexaware a Huge one.

Kishore-Indianstocksfnotips.blogspot.com

Educomp trading with positive bias @ 542

Hello Investors,

I had recommended accumulation of Educomp Solutions on 30 Dec 2010 at the rate of 527.

At present at noon on first day of the week, Monday, Educomp is trading with positive bias at 542. As mentioned it is into mode of good accumulation. Any price above 555 should propel the stock to 570's. Everyone holding the stock should hold it with conviction. If any dips coming do use it for accumulation.

Today too stock is till now witnessing increase of open interest with positive bias. Coming few days should be crucial for Educomp and should reward investors.

Happy Investing, Safe Trading.

Kishore Lekhwani-Indian Stocks FnO Tips.