Sunday, 29 June 2008

BSE Market Update

Market condition has detoriated. At this moment there are no support nor there are any signs of recovery. There might a short term bounce either due to profit booking on short positions or bottom fishers. Inflation is major cause of concern at the moment.

Wait for signs of recovery before diving in again. Companies with no debt on their balance sheet are doing well. This includes IT giants and pharmacetuicals.

Stocks to watch
Geometric software

Wednesday, 25 June 2008

BSE Market Update

A expected bounce after few down days. However number of stocks up 4% on high volume is very low. It shows the nervouness is still there in the market.

Stocks to watch
Spice communications
South India corp
Goldstone Technologies

Tuesday, 24 June 2008

Market update

BSE is in confirmed red zone. Staying on the sideline is best policy for the moment.

There are no signals due to the market conditions

Thursday, 12 June 2008

Market update

MM is still in red. There was some bounce back but major stocks are still down.

Fertizers, Chemicals and Pharma stocks seems to be doing good in these uncertain times.

Stocks to watch

Ranbaxy,
Lupin
Spice Communication

Monday, 9 June 2008

BSE Market update

After a panic selling, bargain hunters will be now dominating the market in short term. So expect some bounce in the next trading session.

Stocks to watch
Cairn India
Lupin Chemicals.

Friday, 6 June 2008

Amibroker - LSE Data - problem solved

I have fixed the issue with LSE data. So I will start updating LSE data henceforth.

LSE - Stock to watch

PFL.L - Premier farnell - They have profits up 37% in last quarter! This stock has potential to run 100 to 200% or may be more.

Other to watch for

DSG -
Rentokil