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.
LAST WEEK’S PREDICTION: It was cheerful week for trade & NIFTY gained by 4%. As predicted, there was great demand in FINANCIAL stocks & BANKEX was up by 6%. During the week most of BANKING stocks made new life time highs. In FINANCIALS – HDFC, LIC HOUSING & DEVAN HOUSING etc made new highs. OIL & GAS indices were up by 5.6%. Among PERSONAL CARE, GODREJ CONSUMERS was the star performer & appreciated by 21% during the week.
YESTERDAY’S PREDICTION: It was another good day for the market & as per our prediction BANKING/ FINANCIAL stocks continue to out perform. During the day BANKEX touched life time high. In BANKING – KARUR VYSYA & KOTAK BANK moved up by 5-7.5% & in HOUSING FINANCE – LIC HOUSING & DEVAN HOUSING by 2.5-10%. There was all round buying in AUTO stocks & in LCV/HCV space, TATA MOTOR & ASHOK LEYLAND moved up by 4-7.5%. M&M & MARUTI by 2.5-3%. As per our weekly prediction, OIL & GAS stocks started moving up & BPCL, HPCL, & IOC surged by 3.25-5%. TITAN went up by 4.9%. 4 top gainers (Group A) were ASHOK LEYLAND, IOC, KOTAK BANK & TITAN. This is all due to the blessings of LORD GANESHA.
It was an excellent day for INDIAN stock market & NIFTY closed positive by 120 points. As predicted, to-day’s rally was mainly led by BANKING stocks. BSE BANKEX was the biggest sectral gainer - up by 3.6% & many banks posted their life time highs. Among FINANCIALS – GRUH FINANCE & HDFC went up by 5.8-6%. In PLASTIC space, SINTEX & VIP INDUSTRIES moved up by 3.8-12.7% & in OIL space – OIL INDIA & GUJRAT GAS were up by 3.6-7.9%