Wishing all of you a Happy Diwali and a Great Samvat 2067 Year
Had released on Tuesday,Nov 2 ,2010 to clients my Seven Stock ‘Diwali Diya’ Selects….three of them have raced away in two days since with one hitting consecutive upper circuits….
For Muhurat trading this evening you can continue to accumulate IDBI Bank at Rs 190 + and IDFC at Rs 210+
Also in Diwali 2009 I had recommended to play a Safe Diwali and Go for Gold at US $ 975/oz and Larsen & Toubro at Rs 1700…..Gold has zoomed 40% from last Diwali to this while Larsen has moved up 25% a shade better than the Sensex….Continue to accumulate both
Wonder if in the Muhurat Session this evening our Sensex will hit a new record high past 21250…Oh Coal India should surely hit a record new high today….on first day listing it stunned all by closing at Rs 342….I reiterate it’s a great price to sell for now
Am holding an exclusive intensive two day Equity Portfolio Structuring and Stock Analysis…Integrating Intellect with Instinct…… Training Workshop this month on Friday and Saturday,November 26,27 at the BSE Training Institute…should be fun…if interested call Vispy Bhatena at BSE Training to register…his numbers are 022 – 6136 3155, 2272 8303
Course coverage details can be accessed on the bseindia website as below
or even on my blog page as below
6 thoughts on “Happy Diwali & a Great Samvat 2067 Year to all of you…some Muhurat Stock Selects”
Sir, i wanted to confirm if it was Samvat 2067 yesterday
Very Observant Nakul….Corrected the Slip…wonder how I slipped back in time !….Thanks…Have a Great Diwali and Samvat 2067 !….Cheers !
Thank You Sir. Wish you and your family a great year Ahead
I am regular reader of your blog for last 2 years. With reference to your Tag “Accumulate IDBI and IDFC” (tag dated 05.11.2010) i have already purchased IDBI Bank shares qty.100 @ Rs.144.00 in Jan.2011. Please guide me if i can add some more at CMP @ Rs.108.00. I can stay invested in this scrip for 2 years.
Thanks and Regards,
Dear Prasad Moghe,
All these..IFCI now 35..IDFC now 115 and IDBI now 109 have simply lost significant value sobbing either over the new banking licence guidelines that were announced recently or seeing operational pressures build up on rising interest rates,potential rising NPAs,lower credit offtake,project delays and economy slowdown…these should bounce back in the next two to three years ….see minimum downside from these price levels…with IFCI and IDBI Bank available below book too….however am just worried about intensifying pressure from macros…global and domestic….risks are high…as is nervousness,uncertainty,worry and volatility…let the waters calm…take a long call to average on these a little later,perhaps @ Diwali,a month from now keeping in mind the overall equity and scrip weightage and exposures in your portfolio
Thank you very much for your prompt reply.
I am a habitually reader of your blog. I just love reading the subjects you cover other than stock market.
Your post on “The Economist’ apologises to Indian Subscribers …” and your reply letter to them …. just love it.
Once agains thanks and regards,