DR REDDYS ------ This is a stock which has been mentioned for quite a few times as the best defensive picks in the pharma sector along with lupin and sun pharma.
Short term one can expect 1850 and much higher in the medium term. A positional stop at 1650.
MARUTI – Does seem like a Head and Shoulders Pattern but we dont see such classical patterns workout generally. But will keep a watch on the 1250 mark to break for some quick day trade.
SBI --- We had earlier taken a very positive stance on the stock at 1800 and lower with long term view. We may now review the same on sharp dips to 1950-2050 for a trading pullback.
Meanwhile we have launched a new plan which is best suited for Investors with a medium to long term outlook and a passive / conservative approach to investing.
ANALYSE WEALTHWYSE —- Check the link for more details.
The consultancy charges are Rs. 9,999/- inclusive of all taxes & charges for 1 year.
We had a similar portfolio in August 2011 which stands around 23-25% gains. We had a much conservative approach in it as booked partial profits a bit too early but majority of the stocks have jumped 50% + also from recommended levels.
Happy Investing,
Nooresh Merani
09819225396 ( after market hours only )
April 10, 2012
Hi Nooresh Sir,
Can i Buy NESCO again around 630 rs if it comes?
Wat abt godrej ind ? at wat level one can enter?
April 11, 2012
Hi Smit,
My views have been pretty clear on the above two as long term bets