The money control gives a review of last two weeks trend and provides some data for nine major shares.
The money control gives a review of last two weeks trend and provides some data for nine major shares.
Check the Report HERE.
I am interested in most of them.
In case of Bharti, it has seen fall for last three weeks. Now, it is crossing 380 again. Will it cross 400 again. It is now a long time to see this stock remain above 400. May be the call charges war discontinue now. Will it happen? What will be the effect of off shore activities of this company? Will the exchange rate influence its standing in the stock market in India?
ITC is another share, which should now go up 200. When will it hotel acquisition activity materialize?
One thing always effects the common investor. The common investor comes to know that the company is making some move. But, the investor does not get the right update. Things happen and the movement takes place in the stock. Then only the common investor is able to make some move. Still there is hiding of the right information. The people who are big and better placed, they have the first information and make the first move. The common investor has to act like a vulture after the big cats have made their killings. On the other hand, it is the proverbial FMCG share. This the price limit in which it moves. 200 plus and then what. Will it ever go up across 300. With Devashvar there, it may happen but he is going.
In case of coal, I have already made my mind and posted earlier. These government owned companies are tricky affairs.
The HDFC Bank has now started making move. The brother has show a dip but if it crosses 480, then the big Brother HDFC should cross 700. The bank is showing new figures after the split. I am a buyer till 540. I will see that I may add some shares on these counters.
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