Time right to log into Technology

Tech stocks from large caps like Infosys, TCS, Wipro, Satyam and Aptech, Hexaware, Tata Elxsi from mid caps look good in the short run. Every dip will be an opportunity going forward.

SBI Hits Rs.1200 target in just 6 trading days !!!

We wrote on Sunday, May 6, 2007......'Bank stocks will rule'.....'SBI (Rs.1128) looks like hitting the Rs.1200 mark ... in the near term'..... Today the stock crossed the Rs.1200 mark with a return of 6.40% in just 6 trading sessions !

Bank stocks rock Dalal Street!!!

We wrote on Sunday, May 6, 2007...'Bank stocks will rule'....Banking stocks have seen significant upmove in the chopppy market and have remained firm all through the week. Infact, they have been the best performing sector on the exchanges after our call. Both private and public sector banks have done very well. Private banks will now look to take lead over PSU banks in the short term.

Bank stocks will rule

Several bank stocks that were beaten down recently look good. For instance our earlier calls on Kotak Mahindra Bank, Federal Bank, South Indian Bank, ICICI have yielded good returns in the recent past and can repeat the good performance on the bourses despite recent setbacks to the overall market. Bank of Maharashtra & Lakshmi Vilas Bank are smaller banks but hold very good potential and look good at current levels - certainly on dips too. SBI looks like hitting the Rs.1200 mark again in the near term and Kotak Mahindra Rs.600.

March 21 call on Reliance Industries comes good !!!

On March 21 we wrote....'Reliance Industries (Rs.1340) could hit Rs.1400-1450'.......Today, in just 3 weeks, Reliance Industries closed at Rs.1460 !!!

April 3, we said 'Don't Panic'.... & guided up the Sensex by almost 1100 points!!!

At a BSE Sensex level of 12,625 on April 3, amidst very pessimistic expert opinions we said :'Don't Panic' (after a 600+ points single day fall in the market). Since then we gave a guidance of 13,000 and later upgraded it to 13,500-13,700. In less than 2 weeks, the markets have achieved all of these targets......& we have succeeded in guiding our readers to a gain of almost 1100 points in the BSE Sensex!!!

Sensex target 13,700 Achieved in just a week!!!

April 9 we wrote........ "The BSE Sensitive Index crossed the 13,000 mark convincingly today and closed at 13,177. A level of 13,500 - 13,700 looks good in the short run........".Today the Sensex crossed the 13,700 level convincingly!!!

Kotak Mahindra Bank crosses the 1st target convincingly !!!!...Gains 10% in just 3 sessions

Tuesday, April 3, 2007 when top analysts were siding with the bears we wrote ....'Kotak Mahindra Bank is the strongest'..... 'Kotak Mahindra Bank has withstood all the recent storms and upheavals in the market. At current price (Rs.459.5) it looks good to go upto Rs.500-525 levels soon'..........Today it completed the 1st target and closed at Rs.505.35 - A whopping gain of 10% in just 3 trading sessions.

Sensex Target 2 achieved !!!

On Tuesday, April 3, 2007 (Sensex 12625) we wrote amidst all the chaos and mayhem.........'DON'T PANIC...Sensex will be back around 13,000 levels'.....The BSE Sensitive Index crossed the 13,000 mark convincingly today and closed at 13,177..... A level of 13,500 - 13,700 looks good in the short run.

Sensex Target 1 achieved amid bear onslaught !!!

On Tuesday, April 3, 2007 (Sensex 12625) we wrote amidst all the chaos and mayhem.........'DON'T PANIC...Sensex will be back around 13,000 levels'.....'All the hue and cry will soon die down and the Sensex is likely to bounce back 200-300 points soon and can check the 13,000 levels'. By April 5 the Sensex rose in intraday trade to 12,900 levels - a gain of 275 points. This completed the first target and looked good to achieve the second target too !!!

Kotak Mahindra Bank is the strongest

Kotak Mahindra Bank has withstood all the recent storms and upheavals in the market. At current price (Rs.459.5) it looks good to go upto Rs.500-525 levels soon.

Don't Panic...Sensex will be back around 13,000 levels

All the hue and cry will soon die down and the Sensex is likely to bounce back 200-300 points and can check the 13,000 levels soon. Stick to frontline blue chips....RIL, ONGC, ICICI.

Hexaware call Hits all our Targets with ease !!! ..Gains more than 13% in almost a week.

The stock was at Rs.150.00 on March 15 when we wrote ....'Hexaware's management has confidently projected the bottom-line to double in the next 24-30 months making it a strong candidate to lock-in gains along with the fact that it is available at an attractive PE.'.....On March 22, we wrote...... 'Hexaware (Rs.159.05) gains 5.19% today, can gain further....It looks good for Rs.165-170 levels soon.'.....A day later, on March 23, it crossed Rs.165 and also touched Rs.169.75 intraday.

Dow Jones Index at 12,447 surpasses our 2nd Target as well !!!!

Our post on March 15 (Dow Jones..12,160)......we boldly wrote 'Dow Jones Indl could touch 12300 - 12400 levels soon'.......during the time when fears on China stocks melt-down , Yen-carry trade, US Housing mortgage debacle and Indian inflation worries had dented the sentiments of global investors and fund managers. Dow Jones Indl crossed our 2nd target of 12,400 yesterday - March 21 by a fair margin and closed at 12,447.

YESTERDAY we said further 300-500 points upside seen, TODAY Sensex up 362 points !!!

YESTERDAY we confidently said ........'Experts on leading television channels have expressed 'surprise' at the upmove and have admitted being caught on the wrong foot. Another 300-500 points upside cannot be ruled out from prevailing levels'.......TODAY.....Sensex climbed up by a whopping 362 points !!!

Blue Chip calls of March 9 beat small / mid caps while Sensex moves up from 12,885 to 13,308

Wrote on March 9 .... 'Bargain hunt in blue chips '....... 'ICICI Bank, Reliance Industries, Infosys..... Maharashtra Seamless, Crompton Greaves ......good bets with very limited downside'... Check out March 9 and March 22 prices : Reliance (Mar9)..1318,..(Mar22)..1375,..ICICI..(Mar9)..859..(Mar22)..900,..Crompton Greaves..(Mar9)..188..(Mar22)..192, Maharashtra Seamless..(Mar9)..462..(Mar22)..505........The Sensex has gained over 400 points between March 9 and March 22 and the BLUE CHIPS /large caps have provided good/safe returns by beating small and mid-caps amongst the strongest bout of all-round weak sentiment & skepticism...with our bargain-hunt-strategy.

Reliance up 2.63% today

Yesterday we wrote 'Reliance Industries (Rs.1340) could hit Rs.1400-1450' ......today it hit Rs.1380 intraday and closed at Rs.1375 with a 2.63% gain.

Federal Bank up 3.28% today

Yesterday we wrote .....'Federal Bank (Rs.217) can give reasonable upside ....in the short term Rs.230-240 target does not look far-fetched and is achievable'.....today it touched Rs.227 intraday and ended at Rs.224.25.

Hexaware gains 5.19% today, can gain further

Wrote on March 15.......'Hexaware's management has confidently projected the bottom-line to double in the next 24-30 months making it a strong candidate to lock-in gains along with the fact that it is available at an attractive PE.'.....The stock was at Rs.150.00 on March 15, today's close was Rs.159.05. It looks good for Rs.165-170 levels soon.

Federal Bank (Rs.217) can give reasonable upside

Federal Bank (Rs.217) has a similar story to South Indian Bank - FII accumulations in the past and good fundamentals. In the short term Rs.230-240 target does not look far-fetched and is achievable.