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.

PORTFOLIO ANALYSIS - SAMPLE 3 ( X-7 )

In this tranche of Mr X's portfolio we will dwell upon some scrips belonging to Auto Sector and Steel Sector. Stay tuned!

MARUTI
Holding 80 shares @ 750, CMP - 1518

1 yr tgt- 2600

Maruti has had a fabulous run up and is probably a spent force. You are sitting on more than 100% profit and there is no reason to hold on to such a position. With market correction Maruti can so easily come down between 800 to 875. Booking profit and re-entering after correction would be a prudent thing to do.

ASHOK LEYLAND

Holding 200 shares @ 36, CMP - 41.25

6 mnth tgt- 55; 1 yr tgt- 70

Immediately Ashok Leyland can touch 44. That should be the point to book profit but then you should re-enter at 36 during its correction. From there on you should hold the scrip for one year's target.

TATA MOTORS

Holding 50 shares @ 780, CMP - 565.8

6 mnth's tgt- 700, 1 yr's tgt- 830

Tata motors should correct from here to about 400. You should pick up 50 additional shares at 400 level. Keep one year's target to exit the scrip

JSW STEEL
Holding 55 shares @ 618, CMP - 731
6 mnth tgt- 1050, 1 yr tgt - 1350

JSW Steel can be held for 6 month's target of 1050 and then trading techniques should be employed for maximising profit at major dips. Major correction in the scrip could also come around 850.

TATA STEEL
Holding 120 shares @ 270, CMP - 464.8
6 mnth tgt - 700 , 1 yr tgt- 900

Tata Steel could be held for at least six month's target of 700 and then trading at dips could be done. However if you do not want to trade then keep the scrip for one year's target of 900.

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.

PORTFOLIO ANALYSIS - SAMPLE 3 ( X-5 )

In this post we continue analysis of Mr X's portfolio with few more financial institutions. With this I guess we would have covered more or less all important banking scrips. Mr X sure has the right choice of banking scrips.

YES BANK
Holding 100 shares @ 138. CMP-168.5
6 mnth tgt- 220; 1 yr tgt- 310
Yes bank may decline to level of 120. It may so happen that in current run up it may rise to around 180. But it will be prudent to exit with profit at current level and take fresh position at 120 level.

CANARA BANK
Holding 102 shares @ 202. CMP- 281.8
6 mnth tgt-360 ; 1 yr tgt- 460
Canara Bank has corrected up to 38.2% but it may visit 220 before resuming its upwards journey again. Hence you should take your profit and re-enter the scrip at 220.

SYNDICATE BANK
Holding 100 shares @ 85. CMP- 80.5
6 mnth tgt- 105; 1 yr tgt- 145
Syndicate bank has corrected 50% but it is likely to touch 70 before moving up. Be ready to buy 100 shares more at 70 and sell all your holdings at 1 year's target of 145.

VIJAYA BANK
Holding 100 shares @ 53. CMP- 42.1
6 mnth tgt- 70; 1 yr tgt-83
Vijaya Bank has moved up after correcting 38.2% but it can still slide down to 35. Look for that chance to buy 100 additional shares at 35. After that wait for 1 year to sell 200 shares at 83.

IDBI
Holding 200 shares @ 76. CMP- 106.5
6 mnth tgt- 135; 1 yr tgt- 165
IDBI can move down to 78. However you can hold your position till 1 year's target of 165, because IDBI is in very strong up-move formation. In case the scrip moves down then you can buy 200 shares more at 80.

IDFC
Holding 400 shares @ 100. CMP- 134.8
6 mnth tgt- 180; 1yr tgt- 250
IDFC has yet to correct sufficiently and therefore it may come down to 93. You may like to book your profits at current market price. You may re-enter once the scrip reaches 93 level.

PORTFOLIO ANALYSIS - SAMPLE 3 ( X-4 )

Like photons of light, the next packet of Mr X's portfolio analysis is here to focus on Banking stocks. During the course of analysis one singular thought that goes through mind is that the banking stocks are likely to dip sharply in very short term. Notwithstanding that, one sees a bright future for the banking sector in medium to long term. Just take a look.

STATE BANK OF INDIA
Holding 78 shares @ 1340. CMP- 1762.45
6 mnth tgt- 2300, 1 yr tgt- 3200
SBIN has corrected 38.2% so far and has yet to cover its gap at 1380. So it would be no surprise if it gravitates to 1380 in near term. Since you are sitting on profit it would be advisable to quit your position at current market price. Enter SBIN again at 1400 level for a period of 6 months in order to maximise your profits.

BANK OF BARODA
Holding 50 shares @ 327. CMP- 427.3
6 mnth tgt- 550, 1 yr tgt- 800
Bank of Baroda has corrected just about 38.2% but has not covered its gap at 350. In days ahead it may correct to 330. Here you may like to book your profit and again re-enter once the scrip visits the level of 350. Then you would be well advised to keep the stock for a period of 6 months.

PNB
Holding 71 shares @ 395. CMP- 681.35
6 mnth tgt- 850; 1 yr tgt- 1200
PNB has not corrected sufficiently enough and may do so now. Take your profit home at CMP, since it may correct to 500 level. After that you may like to trade for different targets given above.

ALLAHABAD BANK
Holding 1925 shares @ 82. CMP- 93.15
6 mnth tgt- 110; 1 yr tgt- 140
Allahabad Bank has just about corrected to 38.2% , but still not covered its gap at 61. It will therefore be no big surprise to find the scrip tumbling to 60 in coming days. My advice would be to book profit in your position and wait for 60 level to re-enter. You can then begin your trading for different targets given above.

ICICI BANK
Holding 176 shares@ 880. CMP- 743.9
6 mnth tgt- 950, 1 yr tgt- 1400
There is an uncovered gap at 579 and ICICI Bank has not corrected enough to touch even 38.2%This is a tricky situation where analysis says that ICICI bank should correct to 520 in near term and you are presently in loss. Of course you can simply wait for six months to liquidate your position at 950. The other way round is to sell 56 shares at current market price and take a chance by booking this loss. In case the scrip does not correct then your holding of 120 shares will cover the loss you would have made in 56 shares by exiting at 950. But if ICICI does correct as I am foreseeing then you will have a chance to enter at 520 level, thereby giving you an opportunity to bring down your buy price in the scrip.