Bank of Baroda and Hindalco – Watchout for bottom fishing

 

BankofBaroda

 

Bank of Baroda --- One can look to slowly accumulate.

 

hindalco

 

Hindalco … A good trade would be above 121 in momentum.

 

On the index continue to look for 4800 as a review point and 55 USD-INR. Sentiments are terrible, pessimism is at peak. Good setup for a rally in June.

 

 

Happy Investing,

 

Nooresh

5 Comments

  1. Ravi
    May 16, 2012

    Hello Nooresh,

    I am regular reader of your blog and would like to know abt following bottom fishing stocks where there can be oppurtunity and for medium term (12 – 18 months):

    IFCI
    Hindalco
    Clariant Chemicals
    AB Nuvo
    TISCO
    GTL Infra
    Sakhti sugar
    Coal india
    LnT Fin

    Please respond. Thanks.

    Regards,
    Ravi

    Reply
    1. Nooresh
      May 16, 2012

      Apart from Sakthi Sugars gtl infra and coal india the rest look very good with a long term view.

      Reply
      1. Ravi
        May 16, 2012

        Thank you nooresh.

        Reply
  2. Hari
    May 26, 2012

    I can’t make out what u are trying say in your blogs ? Can you please be short BUY! SELL OR HOLD ?

    Reply
    1. Nooresh
      May 26, 2012

      Hi Hari,

      The information given is for you to interpret 🙂 i have never understood your comments till date 🙂

      Reply

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