LAST WEEK’S PREDICTION: It was bad week for the markets & NIFTY down by 4.5%. Out of five sessions, markets were down in 4 trading sessions. As predicted, there was big deception on Friday – 7th JAN 2011, when NIFTY was down by 158 points. Despite unfavorable market conditions, both sectors – PAINTS & WATCHES out performed. Among PAINTS – ASIAN PAINTS went up by 2.5%, SHALIMAR PAINTS by 6% & HARDCASTLE by 26%. In WATCHES – TITAN moved up by 3.2% during this period.
LAST WEEK’S PREDICTION: All the three sectors predicted last week out performed. In BREWERY & DISTILLERY – KHODAY, UNITED BREWERIES, SOM DISTILLERY & GM BREWERY surged by 7-17%. Among TEXTILE – ARVIND & ALOK by 8-10%. TITAN moved up by 7.5%.
LAST WEEK’S PREDICTION: It was lackluster week & NIFTY was up by 1%. All the four sectors predicted last week out performed. Among METAL – TATA STEEL, NALCO & HINDALCO appreciated by 2.2-6.9%. In BREWERY & DISTILLERY – PIONEER, GLOBUS, KHODAY & JAGATJIT INDUSTRIES by 4.18-9.8%. Among AUTO ANCILLERY – LUMAX, AMTEK AUTO & SUBROS by 5-11%. ASIAN PAINT was star performer & went up by 11%.
LAST WEEK’S PREDICTION: As predicted, all three sectors – PAINTS / SHIPPING & PHARMA out performed during this period. In PAINTS, ASIAN PAINTS & BERGER went up by 7.5-18% & in SHIPPING – GARWARE OFF SHORE surged by 25%. Among PHARMA – DR REDDY, BIOCON, CIPLA, AUROBINDO PHARMA & SAHASUN CHEMICAL etc moved up by 3-15%.
LAST WEEK’S PREDICTION: As predicted, BANKING /FINANCIAL sectors continued upward trend. In BANKING – KOTAK BANK, CENTRAL BANK, IOB, KARNATKA BANK, ICICI & SBI went up by 7- 11% & in FINANCIALS –INDIA BULLS, IFCI, IDFC & HDFC moved up by 7-8%.Among AUTO – BAJAJ AUTO, MAHINDRA & MAHINDRA, TATA MOTOR & EICHER MOTOR surged by 7-10%. ALOK TEXTILE by 8%.
LAST WEEK’S PREDICTION: As predicted, BANKING /FINANCIAL stocks continued upward trend & in BANKING – FEDERAL BANK. UNITED BANK, CENTRAL BANK, VIJAJYA BANK, DENA BANK, ALLHABAD BANK, CANARA BANK etc made new highs during the week. In PHARMA space, Dr REDDY, BIOCON & ORCHID CHEMICALS, ALEMBIC, LUPIN etc also touched new highs.
LAST WEEK’S PREDICTION: NIFTY up by 1 %. As predicted, BANKING /FINANCIAL stocks continued upward trend & in BANKING – FEDERAL BANK. IOB, UNITED BANK, DCB, VIJAJYA BANK etc made new highs. In FINANCIALS – SREI INTERNATIONAL & IFCI also made new highs. In PHARMA space, Dr REDDY BIOCON & ORCHID CHEMICALS etc touched life time highs. GOLD crossed historical level of Rs 20,000 during this period.
LAST WEEK’S PREDICTION: NIFTY down by 0.6 %. As predicted, BANKING /FINANCIAL stocks continued upward trend & in BANKING – BANK OF BARODA, INDIAN BANK, BOI.VIJAJYA BANK, SYNDICATE BANK & IOB etc went up by 9-15% In FINANCIALS – REC & IFCI moved up by 12.5- 20%. Among BROKING stocks – INDIA INFOLINE, MOTILAL OSWAL & EDELWEISS by 8-14%. In PHARMA space, Dr REDDY, WOCKHRDT, BIOCON & ORCHID CHEMICALS etc appreciated by 9—25%. Among AVIATION sector – GLOBAL VECTRA & KINGFISHER surged by 10-14.8%. TITAN went up by 5.7% during this period & GOLD also made new highs.
LAST WEEK’S PREDICTION: NIFTY gained 2.1%. As predicted, there was great demand in BANKING /FINANCIAL stocks & BANK NIFTY surged by 2.4%. In HOUSING FINANCE – GIC HOUSING, CANFIN HOME & LIC HOUSING went up by 8-15%. In REAL ESTATE space, SHOBHA DEVELOPERS, ANSAL PROPERTIES, DLF & UNITECH moved up by 7-14%. In TYRES – JK TYRE, MRF, APOLLO TYRES & DUNLOP moved up by 3.7-7%. TITAN went up by 4% & during this period & GOLD also made new high
LAST WEEK’S PREDICTION: NIFTY gained 2.3%. As predicted, there was great demand in FINANCIAL stocks & LIC HOUSING / HDFC made new highs. In WATCHES space, TITAN surged by 8%. Among PERSONAL CARE – COLGATE too made new high & was up by 12.4%, while HIND UNILEVER went up by 14%. In AUTO segment, TATA MOTOR & HERO HONDA moved up by 5-7.4%. In LEATHER – CREW BOSS went up by 24% during the week. GOLD also touched new high.