Where is market heading now – Is another crash coming?

Dear Friends,

When we started this site our primary goal was to protect your capital. Our secondary goal was to make you money. We started our journey with pure technical analysis and then included fundamental as part of our recommendations.

In this roller coaster ride of approx two and half years we have seen many stocks tanking (even giant like Reliance, Infosys, SBI were not spared). Not many stocks made high of their lifetime in this ride.

We are now at a juncture where global market is crashing like any thing and economic environment in India is not very steady. Our advice to you now would be -

1. Dont put any fresh money in the market.

2. Come out of all your investment ASAP (specially where you have made some gain and where loss is not more than 20%)

We told in our last post that market may go up to 22000 by year end, we now see that it may not be possible because of many macro economic changes took place during this period and global cicumtances. We want to reiterate at this point that no matter what others say you need to take your own wise decision because it is your own hard earned money end of the day.

We see Nifty going upto 5070 in coming weeks before making a short lived jump of around 10-15% and that may be your last chance to come out of market.

We also see Sensex and Nifty crashing to lows again in next 1 – 1.5 years. This will give you plenty of choices again to buy quality stocks at extreme bargain prices.

We will come up with our analysis on select stocks which may prove as multibagger in next bull phase.

Until our next post…good bye to all and have safe trading and investing.

-Netstock

 

Good news – Discussion amongst members

Dear Readers,

We are happy to announce that now you can start thread on your own for a discussion on Indian stock market and equities. This is allowed only to those users whose email I’D is registered with us. Please note that you have to supply only your already registered email I’d while starting a thread.
Please note that no abusive language will he entertained. You are encouraged to express your views so that others can also benefit from your experience.
In case we find any misconduct of forum then that user will be barred from posting further.

We welcome your views on our new idea.

-Netstock

Uflex – Exit ASAP

Dear Readers,

We recommended Uflex few weeks back as a buy call. However, we advise you to exit this counter ASAP if you have bought on our advise.

There are bad news for this company where in CMD is jailed. Hence this will refelect in share prices in short to medium term badly.

Although company is good and has good expansion plan globally but as we always say rule number #1 in stock market is that company management should be good. Which has not been the case here.

Until unless news is clear , we recommend to come out of this counter ASAP.

Our primary goal is to protect your money.

-Netstock

Diwali Greetings…

Dear Readers,

We wish you a very happy Diwali and hope this Diwali brings lots of happiness and prosperity in your life and you succeed in stock market.

On the occasion of this auspicious festival we recommend few stocks for you which have potential to give return of 25-80% in next one year.

1. SRF – Target 650

2. Uflex – Target 600

3. GSFC – Target 550

Time frame 6 months to 1 year.

As market is making new high every day as we predicted some time back, we recommend you to stay invested for long term. You are also advised to get rid of all your losers on every rise and ride the quality stocks.

We are very pleased to inform you that we have now entered into confirmed bull market which will continue for next 3-7 yrs. We are also pleased to inform that many of our recommended stocks earlier have risen more than 100% in last few months.

We told in September that we might see Sensex going  up to 20300 (which was 1st high resistance) and see corrections thereafter, we are still stick to our statement and advise all of you to keep some handy cash with you as this time corrections could be deeper and perhaps last one in this bull phase.

After Coal India’s bumper opening and Diwali festival getting over and perhaps all of market influencing occasions are now over (including September quarter results), we can see some healthy correction this month itself or from next month.

We wish our readers once again a very happy Diwali…

Hope you enjoy our site and free services.

We would love to see some feedback from all of you in feedback section.

Happy Investing…

-Netstock

Recent market movement and future advise…..

Dear Readers,

On 21st June we said that a short term rally is on the way when Sensex was around 17800. Today after almost 3 months this rally has surpised too many people but not to us. Now from technical point of view this rally has further steam left to go up to 20300 in short to medium term. However, it would be wise to book profit selectively and come out of all your loser stocks specially large cap losers. Mid cap and small caps can still go little higher.

Before market goes into correction (that will probably take place by  this month end or early next month), it will try to bubble out further.

We would also advise you to keep some handy cash as we are reiterating for long time that this will proably be last chance for you to invest in this bull run.

This time corrections could possibly be little deeper. However from technical front 17700 is a solid support level for Sensex and market should not fall below this point. If Falls below 17700 then 15500 to 16000 would be level to invest.

We are again happy to inform that some of our recent recommendations (Karur Vyasya, Surya Pharma, Ind-Swift Lab etc) have appreciated up to 80% – 95% within 2-5 months.  Other than this, our other recent recommendations (Usher Agro, Garware wall rope, GSFC etc) also returned a hefty profit between 20-50% in recent time.

We are also happy to announce that one of our recent recommendations (Indag Rubber) is now listed in Forbes’ ”Asia’s 200 best companies under a Billion“.

http://www.forbes.com/lists/2010/24/asia-under-billion-10_Indag-Rubber_HZ35.html

Hope you enjoy our website and free tips…we are always committed to provide our readers best of the advises in the market.

Happy investing

-Netstock

Our recommendations – Ind-swift Lab and Surya Pharma gained more than 70% in just 2.5 months

Dear Friends,

We are happy to announce that our recent recommendations on (Ind-swift Lab and Surya Pharma) have appreciated more than 70% in just 2.5 months.

Hope the readers to whom they were recommeded are enjoying this happy ride.

http://netstock.wordpress.com/stock-discussion/#comment-363

http://netstock.wordpress.com/stock-discussion/#comment-393

Cheers

-Netstock

Target achieved – Karur Vyasa Bank (103%age annualised gain)

Dear Friends,

It gives us immense pleasure to announce that our short to medium term target given for Karur Vyasa Bank has been achieved today in less than 5 months.

http://netstock.wordpress.com/2010/04/03/stock-recommendation-karur-vyasa-bank-medium-term/

Recommended date – 3rd April 2010

Recommended price – 467

Target price – 650+

CMP – 650

Time frame recommended- 3 to 9 months

Target achieved – in just 4.5 months

%Age Gain – 39% (i.e. 103% annualised gain)

Hope you have enjoyed this ride.

Cheers

- Netstock

Zensar Technologies – A multibagger

Dear Friends,

Zensar Technologies looks very strong from long term view.  We would put this stock in multibagger category with high growth rate.

We recommend this stock as buy to hold for next 5-6 yrs to multiply your money at least up to 25-30 times.

Cheers

Netstock

Banks’ stress test and Indian banks

We have seen in last week the stress test on European banks and 7 banks failed in this test. Overall test was successful and hopefully should help in stabilising the stock market globally. This stress test took place after last years test in USA.

Having said that, clouds of stress test are now looming over Indian banks too. Sooner than later this test can be performed on Indian banks too. If that is the case, it would be advised to avoid banking stocks at the moment. It would be interesting to know how many Indian banks pass this test.

We would advise you dont buy any banking stocks at present until stress test happen on Indian banks which will (if happen) happen by Mid of next year. Otherwise it will not happen at least for next 4-5 yrs.

You can buy banking stocks however once clouds of stress test on Indian banks are vanished.

Cheers

Netstock

Short term rally is coming – Cheers

Hi Friends,

A short term rally (like we had last year between March – July) is on the way.

Good for every one and we would advise that you get rid of all your losers in this rally with little or no profit. Keep quality stocks for long term.

Today market will open gap-up and will close with handsome gain.

-Netstock