1. Buy Patni computers -Rs. 457/- target 475
There are news about third party interest in this stock.
2.Reliance indust: Rs.927/- dirt cheap now. If oil price increases, it will increase. So you can hold or buy. Target Rs.960/-.
3.RPower: buy 151/-. Govt is going to allocate gas for this soon.
Tuesday, August 31, 2010
Saturday, August 28, 2010
free stock tips 30.8.2010
buy tata steel- target 600 Reason: After months of negotiations, Tata Steel-owned Corus has tentatively agreed to sell the beleaguered Teesside Cast Products (TCP) plant to Thailand's Sahaviriya Steel Industries (SSI) for a price of £320 million (Rs 2,325 crore). Win Viriyaprapaikit, President of SSI, said: “This transaction will enable SSI to fulfil its long-standing objective of becoming a fully integrated steel producer with both primary steelmaking and rolling facilities.” So accumulate tata steel now at this low price of 510.
Software stocks: Better to avoid software stocks except Patni.
Bank stocks are also overvalued. So expect corrections.
Software stocks: Better to avoid software stocks except Patni.
Bank stocks are also overvalued. So expect corrections.
Wednesday, August 25, 2010
stock tips 25.08.2010
Cairn india is still having steam- can buy- ONGC may give counter offer- This is for investors who can take risks.
JP associate- this also can be purchased
Reliance industries- buy
JP associate- this also can be purchased
Reliance industries- buy
Tuesday, August 24, 2010
free stock market tips -24.08.2010
Cairn india energy- Buy- short term- will go up due to new find of oil and gas in KG basin.
Reliance industries- may go up by few rupees- for long term, it will cross Rs.1000 by Oct2010
Reliance industries- may go up by few rupees- for long term, it will cross Rs.1000 by Oct2010
Saturday, August 21, 2010
Free stock tips - Indian stock market
Sterlite industries may go down due to tax scandal from its Tuticorin office. So it is better to sell now and wait for improvement in management perspective to be ethical.
Buy Ashok Leyland Rs.70 target Rs.75 within a month.
This is for Monday trading.
Please note that my investment advice is for investment for long /short term period only. It is not for day trading
Buy Ashok Leyland Rs.70 target Rs.75 within a month.
This is for Monday trading.
Please note that my investment advice is for investment for long /short term period only. It is not for day trading
Friday, August 20, 2010
Free stock tips for indian stock market
Today on 20.08.2010, the following stocks appears to be attractive by the price prevailing
1.Tata steel -Rs.520/- target Rs.550/- within a month.Shortly going to get Thailand party to purchase TEESSide plant and negotiations are on. If clicked, the share price may go beyond Rs.600/-.
2.Mosar bayer-Rs.67/- target Rs.70/- within a month due to funding support.
3. Binani cements- Rs.83/-- Target Rs.90/-. Due to buyback offer, its equity capital will be reduced and price earning ratio will increase. EPS also will increase and it is a cement player and with lot of civil works in India, chance of appreciation is great.
1.Tata steel -Rs.520/- target Rs.550/- within a month.Shortly going to get Thailand party to purchase TEESSide plant and negotiations are on. If clicked, the share price may go beyond Rs.600/-.
2.Mosar bayer-Rs.67/- target Rs.70/- within a month due to funding support.
3. Binani cements- Rs.83/-- Target Rs.90/-. Due to buyback offer, its equity capital will be reduced and price earning ratio will increase. EPS also will increase and it is a cement player and with lot of civil works in India, chance of appreciation is great.
Thursday, August 19, 2010
share tips- BSE/ NSE for Aug and Sep2010
Sesa Goa, Bajaj auto and Dr.Reddy will be in S&P CNX Nifty inded replacing ABB, Idea cellular and Unitech w.e.f. October 2010.
So expect some increase in price of the shares to be included. Shares like Unitech, idea cellular may lose sheen in their price.
Moser Bayer is also a good stock. US based private equity fund Blackstone invests Rs 1,350 cr in Moser Baer's energy biz thus making sufficient finance available for expansion in solar and other power sectors.
So expect some increase in price of the shares to be included. Shares like Unitech, idea cellular may lose sheen in their price.
Moser Bayer is also a good stock. US based private equity fund Blackstone invests Rs 1,350 cr in Moser Baer's energy biz thus making sufficient finance available for expansion in solar and other power sectors.
Wednesday, August 11, 2010
New GST Law in India
Under the new GST plan, all indirect levies, barring customs and octroi, will be substituted by GST. But of late GST implementation w.e.f. 1.4.2011 is facing the problem from some of the states including Congress rules states. This is due to central govt plan to have veto powers in respect of GST. The deadlock over veto powers to the Centre had threatened to derail implementation of GST from April 2011. The states think that their powers will be indirectly curtailed by veto power and if they want to raise any further revenues from GST, there will be problem if centre's veto power is there. So there may be constitutional problem which may threaten national unity.
In the alternative, the government is also thinking to establish Disputes Settlement Authority with Constitutional backing. States had opposed the idea and proposed setting it up under the GST legislation and not under constitutional base . States fear that they will be under strict binding on laws which are finally settled through Disputes setllement authority which has got consitutional back support.
But seeing the opposition, the Bill is being redrafted to say no proposal will be cleared by the GST council unless there is a consensus among all the 30 states and Union Territories, as well as the Centre.The revised draft will be discussed with state finance ministers next week, is similar to the Empowered Committee (EC) of State Finance Ministers on Value Added Tax (VAT), which takes all decisions collectively after building a consensus with checks on states deviating on rules. But full consensus may create problem for centre and it cannot do any amendments as india consist of states of different political parties and they have one or other reasons to see that centre is in trouble. The appears to be redrafted to say no proposal will be cleared by the GST council unless there is a consensus among all the states and Union Territories including the Centre.So centre should revise the draft for two third majority for consensus for any amendments and also there should be some committee for redressel of disputes supported by consitutional support. Let's pray for smooth passage of the draft in EC and also in parliament which will remove draconian multiple laws and multiple returns and we can try to move paperless or less paper oriented nation . The legislation to be passed before Aug27 this year so that GST implementation can place as planned w.e.f.1.4.2011.
In the alternative, the government is also thinking to establish Disputes Settlement Authority with Constitutional backing. States had opposed the idea and proposed setting it up under the GST legislation and not under constitutional base . States fear that they will be under strict binding on laws which are finally settled through Disputes setllement authority which has got consitutional back support.
But seeing the opposition, the Bill is being redrafted to say no proposal will be cleared by the GST council unless there is a consensus among all the 30 states and Union Territories, as well as the Centre.The revised draft will be discussed with state finance ministers next week, is similar to the Empowered Committee (EC) of State Finance Ministers on Value Added Tax (VAT), which takes all decisions collectively after building a consensus with checks on states deviating on rules. But full consensus may create problem for centre and it cannot do any amendments as india consist of states of different political parties and they have one or other reasons to see that centre is in trouble. The appears to be redrafted to say no proposal will be cleared by the GST council unless there is a consensus among all the states and Union Territories including the Centre.So centre should revise the draft for two third majority for consensus for any amendments and also there should be some committee for redressel of disputes supported by consitutional support. Let's pray for smooth passage of the draft in EC and also in parliament which will remove draconian multiple laws and multiple returns and we can try to move paperless or less paper oriented nation . The legislation to be passed before Aug27 this year so that GST implementation can place as planned w.e.f.1.4.2011.
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