By krsna Khandelwal – A veteran market analyst
Friends,
Please note the following Panch Tattva points after the 1st Qr results for the period ended 30 Jun 07:
EICHERMOT @356 (24/07/07) gets 979 points and may be bought in small quantities over time and book profits along the way.
PIDILITEIND @138 (24/07/07) gets 999 points and may be bought for up to the next result time.
JSWSTEEL @735 (24/07/07) gets 1341 points and is good for investment for up to the next result time with stop loss in place at two stages i.e. when the price is down 5% and when the price is down 10%
HINDZINC @771 (24/07/07) gets 1184 points and should be bought with stop loss in place at too stages i.e. when price is down 5% and when price is down 10%.
IDEA @134 (24/07/07)gets 1232 points and may be bought for medium term.
ORIENTPPR @463 (24/07/07) gets 1241 points and may be bought but observe stop loss.
KEC @613 (24/07/07) gets 948 points and may be bought on good correction.
KOTAKBANK @738 (24/07/07) gets 949 points and may not be bought.
HEROHONDA @697 (24/07/07) gets 825 points and seemingly there is no immediate scope for this scrip hence avoid it.Those who hold it may sell off on surges.
BHARATFORG @301 (24/07/07) gets 867 points and may be bought on good declines.
CENTENKA @126 (24/07/07) gets 97 points and may be bought on declines and eventual profit booking.
ZEEL @334 (24/07/07) gets 876 after the annual result for period ended 31st March 07 and may not be bought.
ROLTA @486 (24/07/07) gets 1043 points after the annual result for the period ended 30 Jun 07 and may surely be bought.
I have rather uncomfortable feeling about the markets as many indicators are showing signs to be out of it rather than in to it. The interest bearing securities become more preferable once again.
Hari Om
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