Ceat Limited --- Headed to 115/130 over the medium term.
Buy in dips to 95-105.
Disclosure: Buy given to clients at 95 and booking some at 110-115 to re-enter on dips. Oulook very positive.
JK Tyres --- Another tyre stock which has seen good accumulation.
We would be closing the ANALYSE WEALTHWYSE plan by end of April. We have already initiated some strong recommendations which could give excellent returns over the next 3-6 months. For more check
https://nooreshtech.co.in/2012/04/analyse-wealthwyse-the-absolute-return-portfolio.html
April 19, 2012
Hi Nooresh,
Long time you haven’t given your views on Gold. Is it right time to buy or wait for some dips?
Thanks and Regards,
Vivek
April 20, 2012
Hi Vivek,
Well i would be preferring equities at this point of time. Overall not very bullish on gold but neutral
April 20, 2012
Hi Nooresh,
You have amazing picks. The JK Tyre was consolidating in 70-85 levels and seems to have broken out. What do you expect long term price for it as the tyre stocks have been down since last 2 years.
Also I wanted to get your view on EASUN REYROLLE as I have been adding lot of qty since last year. Seems like a good buy, if you follow.
Thank you so much.
April 20, 2012
Hi Tarun,
Yes tyre stocks look interesting.
Easun reyrolle i dont like the price action though used to follow it before. For now i would wait for some price action to enter. Fundamentally looks interesting
April 22, 2012
Sir
View on kingfisher Please and wipro
April 23, 2012
Hi, I like your recomendations. In that I like Adity Birla Nuvo. I want to buy again what price I can buy again, can buy for long term also.
Tell me about Glenmark Pharma also. Can I buy for shory term and long term also. how much downward risk in both stock so I can keep on buying till what price if it goes down.
Thanks
Rajul Gala
April 23, 2012
Aditya Birla Nuvo one should now keep buying at regular intervals instead of waiting for a correct price as technically it has tested its previous resistances of 970-1000. So difficult to say whether it goes to 900-950 first or 1100 first.
Glenmark would be more with a trading view.