Showing posts with label NTPC. Show all posts
Showing posts with label NTPC. Show all posts

Tuesday, October 20, 2009

NTPC Stake Sale - Trading action

For entering trade today in stocks futures I had given recommendations on 19th Oct, both for day trading and swing trading. For easy reference please check these two links -
However you may also add NTPC to the list because of the news flow yesterday.

NTPC has been accepted by Indian Govt for disinvestment. The cabinet has agreed for 5% stake sale of this state owned thermal power generation company, the largest in India valued at around Rs 1.7 trillion. Presently Govt owns 89.5% shares in the company, rest being held by the public. In 2008-09 the company had a profit of about Rs 78,270 million to a revenue of about Rs 4,21,820 million. The sale of shares of NTPC could net Rs 86,000 million to the Govt. This sure is sentiment enhancing news and one that could propel the stock northwards in today's trade. So my recommendation would read as follows :-

NTPC OCT Fut. Buy NTPC Oct Fut at 213/214 for day trading. You should target 220 as the initial sell point. However break above 220 should see the scrip sailing to 230 in 2/3 trading sessions.

Thursday, September 24, 2009

PORTFOLIO ANALYSIS - SAMPLE 7 (J P SHARMA)

Presently we are going to do an interesting portfolio analysis of Mr J P Sharma where the choice of companies is rather fascinating. There is immense scope in this portfolio for impressive gains over the next one year. Shall we begin then?

Unitech
Holding 500 shares at an average price of Rs 83. Closing price on 23 Sep 09 was 109
6 mnth tgt- 160, 1yr tgt- 200
Since you are sitting on profit and market correction is expected soon, you may like to sell 50% of your holding at about 120 and release your capital. After the correction you may like to pick up Unitech at 75/80 level. Then hold your position for one year's target of 200.


Suzlon
Holding 500 shares at an average price of Rs 96. Closing price on 23 Sep 09 was 94.6
6 mnth tgt- 180, 1yr tgt- 320
Suzlon should be bought
at every dip. So be ready to add to your holding in small packets till level of 80. Such accumulation in the scrip will pay you handsome dividends in one year. Sell your complete position once the scrip reaches the price target of Rs 320.

DLF
Holding 90 shares at an average price of Rs 343. Closing price on 23 Sep 09 was 423.6
6 mnth tgt- 700, 1yr tgt- 900
DLF may correct till 300 and may on extreme conditions go down as much as 250. You can keep a stop loss of 385 and keep holding your position. You may then re-enter the scrip at 300 for the price target of 900 in one year or so.


Bhartiartl
Holding 50 shares at an average price of Rs 612. Closing price on 23 Sep 09 was 413.5
6 mnth tgt- 550, 1yr tgt- 750
Hold your position in this scrip and plan to add to your position during the correction. Fall below 390 can take the scrip to 340/350. Buy 50 additional shares at 350. Hold the scrip for one year's target of 750.


Mundra Port
Holding 50 shares at an average price of Rs 610. Closing price on 23 Sep 09 was 537.5
6 mnth tgt- 800, 1yr tgt- 1100
Mundra port can slide down to 400 if it closes below 520. Double your holding if the scrip touches 400. Hold your position for one year's target of 1100.


RNRL
Holding 200 shares at an average price of Rs 140. Closing price on 23 Sep 09 was 88.15
6 mnth tgt- 145, 1yr tgt- 190, 2 yr tgt- 250
RNRL can correct to 70 once it closes below 83. Keep accumulating the scrip from 70 downwards till 60. Hold your position till one year's target of 190.

Alok Industries
Holding 1000 shares at an average price of Rs 22.45. Closing price on 23 Sep 09 was 22.7
6 mnth tgt- 33, 1yr tgt- 42
Alok Industries can fall to 15 level but you should keep holding your position. You should start accumulating at dips right from 19 till 15. You can then sell your positions comfortably at one year's target of 42.

SBI
Holding 60 shares at an average price of Rs 343. Closing price on 23 Sep 09 was 2142
6 mnth tgt- 2300, 1yr tgt- 3200
You have SBI at IPO price so just keep holding it till its one year target of 3200.

GMR Infra
Holding 100 shares at an average price of Rs 143. Closing price on 23 Sep 09 was 140.7
6 mnth tgt- 200, 1yr tgt- 260
GMR Infra may correct to 110. You may start building up your position from 110 downwards. Hold the scrip for one year's target of 260.


RPL
Holding 160 shares at an average price of Rs 146. Closing price on 23 Sep 09 was 130.4
6 mnth tgt- 200, 1yr tgt- 235, 2 yr tgt 290
RPL can move down to 110 during the coming market correction. But you should only think of adding to your present position. Sell only when the scrip touches 290.


NTPC
Holding 260 shares at an average price of Rs 198. Closing price on 23 Sep 09 was 208.8
1yr tgt- 300
NTPC looks quite dicey below 200. You have a choice to move out of this scrip at current market price and re-enter at 170. It may go down to even 150 level, but over one year it will surely touch 300.

Sunday, September 13, 2009

PORTFOLIO ANALYSIS - SAMPLE 3 ( X-8 )

In this series of Portfolio Analysis for Mr X , we have come to the end of the road with this tranche. Today we have analysed some assorted stocks which covers the complete portfolio of Mr X. I hope you have enjoyed reading the complete portfolio of Mr X as much as I have, analysing it. Here's last of the wilds for your eyes only!!

SESA GOA
Holding 100 shares at average price of 206. Closing price on 11 Sep 09 was 242.1.
6 mnth tgt - 300; 1 yr tgt - 470
Sesagoa seems to be in belligerent mood and is constantly trying to notch higher scales. But it has moved up too fast too soon. It is likely to touch level of 155. So take your profit now at current level and wait for correction. Pick up the scrip again at 160 and wait for a year to reap benefits from the scrip at 470.

BEL
Holding 10 shares at an average price of 1202. Closing price on 11 Sep 09 was 1371.
6 mnth tgt - 1800; 1 yr tgt - 2500
BEL will fall to sub 1300 initially and maybe jump to 1400. But that will be short lived and you may see the scrip trading at 1000 level in short term. Be conservative and take home your profit at current level. Re-enter the scrip at 1000 level and wait for one year to sell the same at 2500 level.

DLF
Holding 50 shares at average price of 525. Closing price on 11 Sep 09 was 398.6
6 mnth tgt - 700; 1 yr tgt - 900
DLF may correct from here but do not be disheartened. Hold the scrip for one year target of 900. If you can keep the share for a longer term of two years then you can see the target of 1200 also.

OMAXE
Holding 60 shares at average price of 310. Closing price on 11 Sep 09 was 123.2
6 mnth tgt - 180; 1 yr tgt - 240
Omaxe is again a hold for you. But you should add shares in your portfolio at 110 or even at current market price. You should sell this bundle of 120 shares at its one year's target of 240.

PARSVNATH
Holding 60 shares at average price of 300. Closing price on 11 Sep 09 was 119.2
6 mnth tgt - 195; 1 yr tgt - 240
Parsvnath may correct to 80 so keep adding this scrip in small packets till level of 80. Then hold the scrip for its one year's target of 240.

MUNDRA PORT
Holding 45 shares at average price of 440. Closing price on 11 Sep 09 was 534.
6 mnth tgt - 800; 1 yr tgt - 1100
Mundra Port may correct to 400 level. So book your profit now and again re-enter at 475 and keep adding to your position till 400. Then you can hold your position till target of 1100 is achieved.

ONGC
Holding 52 shares at average price of 850. Closing price on 11 Sep 09 was 1177.
6 mnth tgt - 1350; 1 yr tgt - 1900
ONGC is likely to correct to 975. So it will be best to book your profit now. Re-enter at 1000 level and hold till the target of 1900.

THERMAX
Holding 40 shares at average price of 598. Closing price on 11 Sep 09 was 478.1.
6mnth tgt - 650; 1 yr tgt - 890
Thermax will correct to 350 level. But do not worry. Just add 40 shares at 350 level for target of 890.

VOLTAMP
Holding 20 shares at average price of 690. Closing price on 11 Sep 09 was 840.
6 mnth tgt - 1150; 1 yr tgt - 1300
Voltamp is moving sideways in a tight band between 700 and 900. With market expected to correct in near future it would be advisable to book profit at current level. You can re-enter the scrip above 900 for a target of 1100. Otherwise wait for correction and enter the scrip at 600 level for a target of 1300.

VOLTAS
Holding 100 shares at average price of 122. Closed at 147 on 11 Sep 09.
6 mnth tgt - 195; 1 yr tgt - 300
Voltas is looking for excuse to fall in near term and hence would qualify for sell. It may fall to 90 level and so book your profit at current level. Pick up the stock again at around 90 for a target of 195 at least.

Wednesday, September 9, 2009

PORTFOLIO ANALYSIS - SAMPLE 3 ( X-6 )

Today we will touch upon Power stocks in Mr X's portfolio. There is clear weakness in Power stocks and hence when there is correction in indices these stocks will lead the fall. Have a profound look.

TATAPOWER
Holding 20 shares @ 1085. CMP-1281
You are sitting on profit and so quit Tatapower at around 1295. Sure Tatapower will do 1600 in about a year's time, but that will happen after it first drops down to 1000 level. In fact 900 to 950 is not ruled out in this scrip.

NTPC
Holding 450 shares @ 187. CMP- 206.2
NTPC will witness strong selling below 200. So there is enough reason for one to avoid risk in this counter. Take your small profit at around 210 and wait for entry at 170 level. In fact NTPC may see even 150 level. But after that it will surely rise to 300 in one year.

BGR ENERGY
Holding 168 shares @ 301. CMP- 448.2
BGR Energy like other power stocks may correct fiercely. Since it may fall down to 300 there is no point in holding on to this scrip now. Book your profit and wait for the correction to re-enter. In a year's time this scrip should be trading between 650 to 700.

POWER GRID
Holding 268 shares @ 52. CMP- 108
Power Grid has the power to touch 200 in a year's time. However presently it is showing enough weakness to fall. It may fall as low as 80 level because below 105 it will witness ferocious selling. You are in profit and hence it is advisable to take profit at current level and re-enter the scrip at around 80.

Power Fin Corp
Holding 80 shares @ 85. CMP- 225
Power Fin Corp is slightly stronger than other power stocks. However one needs to be cautious in our approach. There is substantial profit for you at current level and therefore it will be nice to book your profit. Power Fin Corp can correct to 170 level. In its downward journey it may travel to as low as 150. Not withstanding that, in about one year it is expected to go up to 380.