INFRASTRUCTURE :Allz is WELL: No It’s not looking good

Have you looked at the infra stocks. They have now been hammered beyond recognition. Just have a look at the charts of major infra companies


GMR Infra Chart

When UPA Government came to power in 2009: GMR Infra stock price was 82. Today it is 12 – down 85%. Stock market is writing off the company

GVK Power

When UPA Government came to power in 2009: GVK Power stock price was 45.8. Today it is 5.8 – down 87%. Can the company survive?

Lanco Infra

When UPA Government came to power in 2009: Lanco Infra stock price was 37. Today it is 5.2 – down 85%. Can the company survive?

JP Associates

When UPA Government came to power in 2009: JP Associates stock price was 138. Today it is 37 – down 73%. The company is leveraged and market is worried about state of finances and completion of projects.

Conclusion
There is very important lesson that these stocks give us. When things start turning bad, never underestimate how bad they can get. That’s the same problem people are making with Indian market as a whole and Indian economy. You cannot imagine how bad or worse things can get. So, better watch from sidelines than be brave.

IDEA: Slow and Steady Breakout delivers 70% returns in CY13

 

Slow and Steady wins the race. That’s what this breakout has delivered – stunning returns in slow and steady fashion.

Idea Breakout happened on 26th December 2012 above 100 with lots of excitement. I DID  COVERED THE STOCK THEN 
But in next 3 months – nothing major happened and stock pulled back to 103 again. Though first 3 months did prove that breakout was decisive. It meant stock was a BUY on pullback. That’s why stock took support at 103 and rallied again – and in next 4 months: stock rallied almost 70% to now at 168+. That’s a major major move in a CY where market has been in complete mess. That’s how Break outs work if they have to. Remember, there are many stocks that have failed in breakout move but when they work – that’s what they do: deliver huge upside gains

COAL INDIA HEADING TOWARDS 250

SELL COAL INDIA  FOR 250 + BROKE MULTIPLE LONG TERM SUPPORT BUY WAIT AND BUY 270 PE TOO

NTPC on its way to 105-110

  SELL NTPC BELOW 136 SL 141 TARGET 110 ( lot size 2000) ALSO RECOMMENDED 130 PE AT 2.45 PS

Disclosure :  Have Sold below 136 today in futures  made 129.8 low till now and 130 pe 4.00 rs