Fundamentanlly good Stocks...

[Saint]

Indo count industries the company is a hidden gem.with the result
season ahead this stock could and will multiply your investments.The
company is on the path of major expansion and diversification.the
features of company are-
* Supplies cotton yarn to over 30 countries including the US, Europe
* Has 59,500 spindles (installed capacity 7,500 tonnes pa), 8 knitting
machines (1,500 tonnes pa)
* Only company in Asia to get Swiss yarn mark `Rieter'
* Produced 23,000 units of CTVs in August; Sept target 35,000
* Largest OEM for Korean, Chinese electronics giants
source-http://cities.expressindia.com/fullstory.php?newsid=150335
the profit in the newly started electronics business would be included
in the next quaterly result which would be out next month.seeing this
some big players are eyeing this one.the results are expected to be
excllent.so buy at any levels before 65 and see your investments
zooming.


Friends who do TA kindly tell and friends check Fundamental with ur interest


From

Arvind.K

Hi Arvind,

Great to have you around............somebody who keeps throwing out fundamentals,etc.Great going!!

INDO COUNT INDS:At present in corrective phase on the dailyand the weekly.From monthly charts perspective,still very much in an uptrend,but this month has produced a dark cloud cover from Jap Candlestick point of view which means expect more bearishness.Breaking of 30 levels is a sign of more bearishness to follow.

As this is being view from a fundamental long term perspective,keep this one on your watchlist as advised by Arvind,and time an entry on pullback.

Great stuff,Arvind!!

Saint

 

[Saint]

FRIENDS
I wud like to tell everybody about INTEGRA HINDUSTAN!!!!this is a gem of
a stock.....to start with it is into making switches etc....n it has
an equity base of only 1.1 crore (11 lac shares @10 f.v).....now to draw
ur attention its promoters hold 51% in it....the biggest positive thing
being one of them is ABB(25.5%).....this speaks volume about the
mgmt.....it is trading at a cheap P/e ratio compared to its
peers..

Check ur self b4 investing

Arvind.K

INTEGRA HIND:Again,like the previous one,it's a wait and watch.......Bearish divergences on the RSI and the TRIX,an inverted hammer on the monthly charts,......we are in for some correction here as well.

Those planning to enter on a longer term perspective,this one is again for the watchlist...........now a wait and see,when this pullback is done,enter as advised by Arvind.

Happy Trading!
Saint

 

[Saint]

Garware Wallropes Face Value - Rs 10 Buy Rs 52
Ticker: 509557 H/L: Rs 30/62
A leading manufacturer of synthetic cordages besides
being one of the most preferred brands across the
world, Garwara-Wall Ropes is trading quite cheaply at
8x its FY05 earnings. It reported a top line growth
of 12 per cent in revenue for Q1FY06 to Rs 60 crore
while earnings grew by 13 per cent to Rs 2.11 crore
The company has healthy reserves to the tune of Rs
106 crore while its current market capitalization
stands at Rs 104 crore and FY05 sales at Rs 228 crore
It is a consistent dividend paying company with a
dividend yield of around 5 per cent. Further, it is on
an expansion spree and we feel it would be report
healthy earnings growth for next few years

GARWARE WALLROPES :Same advice as before........great stuff by Arvind.Charts wise,bearish engulfing pattern on the monthly charts.Again bearish divergences on the TRIX n the RSI.Corrective phase is not over yet.

Wait and watch for now........time an entry after p/b.

Saint

 

[Saint]

Cummins India Face Value - Rs 2 Buy Rs 153
Ticker: 500480 H/L: Rs 105/163
A leading manufacturer of heavy-duty diesel engines,
it has reported a top line growth of 17 per cent to Rs
328 crore in Q1FY06 as compared to Rs 282 crore in
Q1FY05 while earnings grew by 22 per cent to Rs 35
crore from Rs 29 crore
A consistent dividend paying company with strong
reserves to the tune of Rs 660 crore as per FY05
balance sheet besides having heavy presence of FIIs
and Mutual Funds
Moreover, the company is mulling to expands its
manufacturing facilities at its Pune plant, which
would be involved in assembling low horse power
engines and generators sets for domestic as well as
exports markets. The total outlay is expected to be
around Rs 15 crore

CUMMINS :Once again,a wait and watch.........what we want Cummins to do is to pullback slightly from these levels and form a higher pivot low or take out 163.....then we're back to bullish days.For now,we are at best sideways to down.If the 136 is taken out on the down,excpect more downside........Either way,now we wait and watch.

Saint

 

[Saint]

Plastiblends India Face Value - Rs 10
Buy Rs 138
Ticker: 523648 H/L: Rs 154/75
l A market leader in biodegradable masterbatches, UV
stabilizers etc has reported a top line growth of
almost 7 per cent to Rs 20 crore in Q1FY05 as compared
to Rs 18.84 crore in Q1FY04. However, the rising input
cost took a toll on its earnings, which was almost
flat at Rs 2.68 crore
l A consistent dividend paying company, with pretty
low debt to equity ratio and a healthy book value
worth more than 6 times its current face value of Rs
10
l The company has a strong client base of more than
2,300, which include big names of polymer
manufacturers such as Reliance, IPCL, Gail and polymer
processors such as Supreme Industries, Cosmo Films,
Garware Polysters

PLASTIBLENDS:Still in anice primary uptrend......looking good,but certain amount of bearishness stepping in.That inverted hammer on the monthly is usually bearish if the low gets taken out.On the weekly,bearish divergences on TRIX and RSI .On the daily,we are still sideways........once again,a wait and watch to see what she does!

Saint

Saint

 

[Saint]

Geraves Cotton Face Value - Rs 10 Buy Rs
229
Ticker: 501455 H/L: Rs 74/245
l A well diversified engineering company, it has
reported top line growth of 6 per cent in Q1FY06 to Rs
186 crore as against Rs 176 crore in Q1FY05. While its
earnings reported an earnings growth of 186 per cent
to Rs 27 crore. Although this exponential growth
includes an extra-ordinary item to the tune of Rs 16
crore as it sold its undertaking of Oilfield &
Drilling division
l Reliance AMC as well its PMS has recently acquired
some shares through secondary markets after which its
shareholding stands at 5 per cent of its share capital

l After divesting its Industrial Products segment in
June 2004 and its Oilfield and Drilling Business
recently, it has now become more focused towards
engine and infrastructure equipment. We feel after
restructuring, company has a buoyant outlook and hence
it can entail decent returns if held on a long-term
basis

GREAVES COTTON :Very nice uptrend on the monthly and weekly.Bearish candle on the daily on Friday........a wait and watch as to how things are going to turn out.

Saint

 

[Saint]

Sahara Housing Buy Rs 70.70
Sahara Housing Finance Corporation bottomed out by
posting an intra-week low of Rs 5.25 during week ended
11th June 2003 and these levels have not been seen
since. The scrip entered an intermediate uptrend,
overcame 55 Week EMA and rallied to peak at an
intra-week high of Rs 38.25 during week ended 16th
January 2004 only to give a downward key reversal.
Sahara Housing Finance Corporation entered a
corrective phase, breached the 55 Week EMA on the
downside, declined to post an intra-week low of Rs
11.05 during week ended 4th June 2004 and staged a
recovery almost immediately in the next week. The
scrip overcame 55 Week EMA, entered an intermediate
uptrend, posted a series of progressively higher tops
and bottoms, stared moving within confines of an
upward sloping channel, gave a throwover and peaked at
an intra-week high of Rs 97.90 during week ended 11th
March 2005 but couldn't sustain these levels for long.
Sahara Housing Finance Corporation gave a downward key
reversal, entered a corrective phase, started moving
within the confines of a downward sloping channel and
bottomed out by posting an intra-week low of Rs 50.25
during the week ended 24th June 2005. Currently, the
scrip is above the 55 Week EMA, has given an upward
breakout from the aforesaid channel and with the
mechanical indicators supporting the move, a further
upside cannot be ruled out.
Trading Pointers
Indicators : MACD-Buy RMI-Buy Stochastic-Sell
ROC-Buy RSI-Buy
Support : 065.00, 051.00 Resistance : 074.00, 093.00
Targets : 1st Target : 089 2nd Target : 098
BSE Code : 511533
Stoploss : 63.00 (cls) 55 Week EMA : 52.12

SAHARA HOUSING:Looking good........nice rounding base,forming a higher pivot.No idea how much this reacts to market ups and downs........just on its own merit,looking good.But everything changes if it falls below 63......as Arvind put as above.

Looking good,Arvind.....and great going as always!
Saint

 

[Saint]

HMT Buy Rs 87.5

HMT peaked at an intra-week high of Rs 31.45 during
week ended 9th January 2004, couldn't sustain these
levels for long, entered a corrective phase, breached
Trendline 2 on the downside, breached the 55 Week EMA
on the downside and bottomed out by posting an
intra-week low of Rs 13.65 during the week ended 21st
May 2004 only to give an upward key reversal. The
scrip moved sideways for next 16 weeks under pressure
from 55 Week EMA before it finally gave an upward
breakout from here, entered an intermediate uptrend,
peaked at an intra-week high of Rs 52.70 during week
ended 25h November 2004 where resistance came in the
form of Trendline 3 (supply line & outer boundary of
the upward sloping channel - refer to chart). HMT
entered a protracted corrective phase with constant
supply coming in the form of Trendline 6, posted an
intra-week low of Rs. 30.60 during the week ended 1st
April 2005, gave an upward key reversal, took support
on the 55 Week EMA and Trendline 1, gave an upward
breakout by closing above Trendline 6 and ultimately
rallied to peak at an intra-week high of Rs 96.85
during the week ended 22nd July 2005. Currently, the
mechanical indicators are in a positive frame of mind,
the scrip is on the verge of giving an upward breakout
from a consolidation phase while a weekly close above
Trendline 5 (horizontal supply line - refer to chart)
would confirm the bullish outlook.
Trading Pointers
Indicators : MACD-Buy RMI-Buy Stochastic-Buy
ROC-Sell RSI-Buy
Support : 088, 074 Resistance : 097, 116
Targets : 1st Target : 116 2nd Target :
124 BSE Code : 500191
Stoploss : 85.00 (cls) 55 Week EMA : 50.96

HMT:I presume this was a short term call and already out of it(stop above is 85).Basically still in arectangle formation,and trading within that range.Gave a false breakout signal a few days ago,and now back into that range.Intermed to longer term players........nothing to be done now but to wait n watch.A confirmed breakout over this rectangle will once again grab our attention.

Happy Trading!!

Saint

 

[karvind79]

Dear Saint,

How are you and ur portfolio (HAHA)? ti will be new trend in market to ask abt our portfolio with our health.Thanks for your posting and analysis for my posting and kindly Kep it up. GOD BLESS you. oNceagian Thanks for consider my stocks.

Friends,

Iam herewith enclosed LInk and visit here to review the Fundamentals of stocks.Just search with keywords

http://www.contentlinks.asiancerc.com/kotakstreet/Corporate.asp

I hope it was useful for all


From,

Arvind.K

 

[Saint]

Dear Saint,

How are you and ur portfolio (HAHA)? ti will be new trend in market to ask abt our portfolio with our health.Thanks for your posting and analysis for my posting and kindly Kep it up. GOD BLESS you. oNceagian Thanks for consider my stocks.

Friends,

Iam herewith enclosed LInk and visit here to review the Fundamentals of stocks.Just search with keywords

http://www.contentlinks.asiancerc.com/kotakstreet/Corporate.asp

I hope it was useful for all


From,

Arvind.K

Hi Arvind,

Your posts are always looked forward to........Great stuff,my friend.Keep it coming,and God bless you too in everything be it Market related or Life related.

Wishing you the very best!!

Saint