Ans 2 Query - 12-Jan-2008

Hi All,
Let us start the query session for this week.

Hi Anid,

Good Morning!

Hope you are doing fine.

I have few question.

1. Hotel Leela- It went to 75 and now almost back to the level you recommended-67. Can I add some more quantity at this level again?

2. I have 1 MMTC bought @29500. Can I hold for long term or book profit?

Regards,

Hariprasad



MMTC- Book profit even if it goes high on long term. Too risky now.

Hotel Leela.. dont add now. You need to take a Midterm (MT: 6 month ) or Long term (LT: 1 year+) to get a handful profit.

Regd,
Anid



Hi Anid,
I would appreciate if you could let me know if it's
worth to enter in JaiCorp at CMP. Or should I wait
till first week of Feb as you suggested.

Thanks,
Mithoo


After the recent correction in last week, the stock has gone through some unwinding. One entering this stock at this level must keep in mind that Jai Corp, although is a very promising org, had appreciated a lot before the stock split happened. So anyone entering this stock should take a LT approach. you should not put more than 15% of your equity fund in this stock.

Hi Anid,
As you said in your Blog,I'm sending you my query on your MAIL account.
I'm holding ISPAT@70 300shares and BIHAR SPONGE @59 500shares...
So can you please tell me ,should I hold on to these two stocks.

Thanks,
Tarun


Take a MT to LT stand on this stock. You can add few more in lower price if market corrects in Feb 08 Mid . Immediate selling target should be 95+ atleast. The stock has good potential. I spotted the stock at 26 rs level, and also bought handful but lost patience and sold off. So prolong your holding time to get the benefit.

Hi dear
i have srf ltd. 60 @ 150. do u think it will reach 240 in 2 to 3 months or should i move out.

best wishes
--
Azeet Narayan


The mail I sent to you is:

"you may book profit by Jan end (at wtever High is there ) or on Target of 212 whenever you get that. Maintain a Stoploss of 175 throughout.

A more detail explanation will be published on Sunday.

Regd,
Anid_007"

So I believe you are already out of this stock. If not, then you can add few more at this or lower level, if correction continues.

Hi Anid,
i have been following ur blog since quite a long time, bt this is my first query to u. i hope i ll get ur advice.

i have some stocks which r given below.

Hotel Leela at 66.48 (200)

Ispat at 72 (100)

Sah Petroleum at 25.10 (200)

Core Projects at 277 (50)

Rel Petro at 214 (50)

NTPC at 164 (100)

can u suggest any changes in it?

Mostly Good picks, but some of the purchases were made in little expensive price [e.g- Ispat, Hotel Leela].

You need to take a MT (atleast, good if LT) stand on: Ispat, Hotel leela, Rel Petro, NTPC. No need to panic if market corrects, as those stock will gain there highs soon. Infact you can add few more of the same stock if you get in quite a lower price when market corrects.

Sah Petro is pretty much bottomed out, can add few more if market shows some stability on Monday.

Core Project, keep holding with a stoploss of 375 max. I believe you may see a uptrend by Wednesday latest, if not Monday. You may book profit in this by Jan 08 end--dont be too greedy. result is good , but P/E is terribly high.


That should be all for this week.

Thats should be all for this week.

Some useful Links:

• All Past Calls
• Most Rocking Calls
• Query @ Anid_007
• How to use this Blog
• Rules of Activities

Happy Earning ! ! !


Regards
Anid_007

Message from Anid_007 10-Jan-2008

Hi Guys,
What a day we had today!!!!!!! I rarely witnessed such landslide in mid and small cap where sensex and Nifty are still not crashing to gr8 level. It was totally unexpected.

The worst hit has been our last two calls: Alps Ind and Elec steel.

I am in pretty upset today, I really feel sorry if someone makes loss on my call.

Electrosteel Castings was more of a momentum call, which is murdered with surgical precision. The momentum is gone as of now, unless the midcap and small cap index does not make a turn around early next week.

Alps Lab I don't expect this one to be spared either where everything is being sold off. But this is a stronger stock compared to previous one. so not much worry here.

Let me answer some of the queries asked in the comment section of the previous post:

@ Sandee:
The reason of midcap crash linked to Rel Power IPO? To free cash by investor to put in IPO? Well I guess thats the only reason every Fund Managers I know are telling. But God only knows what is happening.

regarding Electrosteel:

Let me ask you first what the procedure you feel we are following for all the calls? Ofcourse we have proper criteria to filter a stock which takes care of Fundamentals, Technicals, Momentum Game, Greater fool theory, Support Resistance Break out-- almost everything possible, but unnecessarily all the filter got to be passed. I feel our procedure is doing good--at least the result in All Past Calls and Most Rocking Calls suggest same. So I don't feel like dumping our winning formula.

But I would like to know where from you got that result of Elecsteel (profit and loss). Would you please cross check the same in BSEINDIA's result site and get back to me?

The case of Electrosteel was more of a momentum call. I am quite sure that it will reach the target in ST. When market shows a thumbs down to Midcaps and Small caps without any discrimination , it is really tough for our stock with high P/E to hold on. The only worry for me is that recent downslide may push the stock beyond stoploss on Friday (and so closing the call with a 'failed' rating in the call history book) and later bouncing back and actually reaching target. Let us see.



@ Shrirang: As far as your query on Compact Disk is concerned, I shall say that I expected a LC today when I saw the murderous scene at 3-00 pm. You may place a sell call at level of 114 early tomorrow if you are panicked. I am holding.

@ Hari: yes you can exit Nucleus if you can not wait for ST term (3 months).

Stock To Discuss- 10-Jan-2008

Hi All,
This scrip is really looking good at current scenario:

Scrip Name: Alps Ind

Good Buy Level: 92 or below 95

Target: 114-130.

Stoploss: 80

* Stoploss [ It is a selling trigger in intraday trading, but here (for ST MT and LT investor) it means a caution level for the stock--downsliding below that level will force the stock to languish in lower level--so we may opt to quit if stock goes below stoploss by booking some nominal loss and freeing rest of the money--however if you can extend your stand from ST (3 months to MT (6 month) or LT (1 year)--then you may continue holding. Any stock failing to reach target and breaching stoploss, is marked with red at the All Past Calls link. Successful calls are marked in Green]


Target revised for Texmaco:

As we are almost done with Jan 2nd week and moving gradually towards Feb 08(when I expect a Major crash), I would like to close some of my old open calls, of course with Handful of Profit.

The First one to get a Revised target is Texmaco.

I am revising its Short Term Target t0 1850. The stock is facing very heavy resistence in 1900 level, we may exit this counter slowly booking profit.

Closing bell with Anid_007- 9 Jan 2008

Look at Alps Ind below 90. It is a very hot stock now.

Replying to comments on previous post:
Exide is a hold. No re -buy at Elect steel..just hold on.

Regards,
ANID_007

Message from Anid_007 8th Jan 2008

Hi All,
Today we witnessed bloodshed all around in the circuit breaker stocks. Rel Infra, Walchandnagar, Gremach Infra (Old call, we booked profit yesterday only--were lucky enough), STC, Energy Dev all had a tough day.

However the strength shown by Jai corp,Deccan gold is encouraging. Let see what will be the trend tomorrow.

Our yesterdays' call on Compact Disk has done well today. I have been able to enter in discounted price let noon. Anid_007's portfolio is updated.

I dont see any reason to fear this Jan as it is the month of result.

If you have free cash, don't pick stocks blindly. Only buy stocks which are in momentum. Get some profit and offload your scrips by Feb 1st Week if you are ST player.Go for shopping after the expected correction in Feb.

Correct timing and Correct Pick will be the key this first half. We are going to have a very unforgiving market this year provided the high the level of index is retained.

Have patience.

Happy Earning!!!



Regards,
Anid_007

Stock to Discuss-08-Jan-2008

Hi Guys,
how r you all doing? Today one more of our stock reached its ST target: Gremach Infra in style by hitting UC of 10%. Hope you all have booked Good profit.

I saw many of you are asking queries in the comment of a post itself for stocks. I will suggest you all you follow the rule of the blog and ask query as per the steps suggested in Query @ Anid_007

Anyways, let us pick a stock for 8-Jan-2007:

Scrip Name: Compact Disk

Buy level: 87.15 or below 94

ST Target: 130 and a MT target of 175-230

Stoploss: 72

Risk: High

Suggestion: Don't jump in blindly 2moro, if you see some downtrend hold your bucks and find a more discounted entry point.

Happy Earning!!! :)

Regards,
Anid_007

Message from Anid_007 6th Jan 2008

Hi,
Tomorrow our pick of Gremach Infra will reach our ST target. Get out of this stock if your stand is short term.

The upper circuit may continue for few more days but if you have entered in our prescribed level of approx 345, you must be booking good profit tomorrow. Don't be more greedy.

I personally hold this stock and will sell it off tomorrow. If you have invested in this stock you may also exit or keep on holding--choice is yours.

By the updated Anid_007 Portfolio is loaded at Anid_007's Portfolio



Regrads,
Anid_007