ON 02.02.11 WE RECOMMENDED TO BUY LIC HOUSING AT CMP OF 174.50 WITH A STOPLOSS OF 168 FOR A TARGET OF 183, 187 AND 192. OUR SECOND TARGET OF 187 ACHIEVED TODAY. BINGO!
Friday, February 04, 2011
BUY SHRIRAM TRANSPORT FIN AT CMP OF 674.10 WITH A STOPLOSS OF 650
WE RECOMMEND TO BUY SHRIRAM TRANSPORT FIN AT CMP OF 674.10 WITH A STOPLOSS OF 650 FOR TARGET OF 698, 708 AND 722.
BINGO FOR THE SIXTH TIME! JP ASSOCIATES REACHED OUR FIRST TARGET
ON 03.02.11 WE RECOMMENDED TO BUY JP ASSOCIATES AT CMP OF 81 WITH A STOPLOSS OF 74 FOR A TARGET OF 88, 94 AND 97. (INVEST FOR 1-3 MTHS). OUR FIRST TARGET ACHIEVED TODAY. BINGO!
BINGO HI BINGO! NIFTY REACHED OUR FOURTH TARGET OF 5538
ON 01.02.11 WE RECOMMENDED TO BUY NIFTY AT CMP OF 5408 WITH A STOPLOSS OF 5380 FOR A TARGET OF 5458, 5488 AND 5512. OUR THIRD TARGET OF 5512 ACHIEVED TODAY. BINGO! NOW IF NIFTY SUSTAINS ABOVE 5512 FOR HALF AN HOUR NEXT TARGETS WILL BE 5538, 5563 AND 5589. OUR FOURTH TARGET OF 5538 ACHIEVED TODAY. BINGO HI BINGO!
STOPLOSS OF ADSL AT 135 TRIGERRED. EXIT
TODAY WE RECOMMENDED TO BUY ADSL AT CMP OF 140 WITH A STOPLOSS OF 135 FOR A TARGET OF 153, 158 AND 164. STOPLOSS OF 135 TRIGERRED.
BINGO ALL THE WAY! LIC HOUSING REACHED OUR FIRST TARGET OF 183
ON 02.02.11 WE RECOMMENDED TO BUY LIC HOUSING AT CMP OF 174.50 WITH A STOPLOSS OF 168 FOR A TARGET OF 183, 187 AND 192. OUR FIRST TARGET OF 183 ACHIEVED TODAY. BINGO ALL THE WAY!
TRIPLE BINGO! JSW STEEL REACHED OUR FIRST TARGET OF 933
ON 03.02.11 WE RECOMMENDED TO BUY JSW STEEL AT CMP OF 910 WITH A STOPLOSS OF 880 FOR A TARGET OF 933, 954 AND 978. OUR FIRST TARGET OF 933 ACHIEVED TODAY. BINGO AGAIN!
BUY DIAMOND POWER AT CMP OF 171 WITH A STOPLOSS OF 165
WE RECOMMEND TO BUY DIAMOND POWER AT CMP OF 171 WITH A STOPLOSS OF 165 FOR A TARGET OF 178, 184 AND 189.
DOUBLE BINGO! JAIN IRRIGATION REACHED OUR THIRD TARGET OF 184
ON 02.02.11 WE RECOMMENDED TO BUY JAIN IRRIGATION AT CMP OF 162 WITH A STOPLOSS OF 154 FOR A TARGET OF 172, 178 AND 184. OUR THIRD TARGET OF 184 ACHIEVED TODAY. BINGO ONCE MORE!
BUY BAJAJ ELEC AT CMP OF 216 WITH A STOPLOSS OF 200
WE RECOMMEND TO BUY BAJAJ ELEC AT CMP OF 216 WITH A STOPLOSS OF 200 FOR A TARGET OF 236, 244 AND 249.
BUY ADSL AT CMP OF 140 WITH A STOPLOSS OF 135
WE RECOMMEND TO BUY ADSL AT CMP OF 140 WITH A STOPLOSS OF 135 FOR A TARGET OF 153, 158 AND 164.
BINGO! KALINDEE REACHED OUR FIRST TARGET OF 154
ON 03.02.11 WE RECOMMENDED TO BUY KALINDEE RAIL AT CMP OF 145 WITH A STOPLOSS OF 140 FOR A TARGET OF 154, 159 AND 163. OUR FIRST TARGET OF 154 ACHIEVED TODAY. BINGO!
BUY ABAN AT CMP OF 678 WITH A STOPLOSS OF 650
WE RECOMMEND TO BUY ABAN AT CMP OF 678 WITH A STOPLOSS OF 650 FOR A TARGET OF 704, 718 AND 736.
BUY ABG SHIP AT CMP OF 354.80 WITH A STOPLOSS OF 335
WE RECOMMEND TO BUY ABG SHIP AT CMP OF 354.80 WITH A STOPLOSS OF 335 FOR A TARGET OF 373, 384 AND 394.
Thursday, February 03, 2011
BUY BHUSHAN STEEL AT CMP OF 400 WITH A STOPLOSS OF 380
WE RECOMMEND TO BUY BHUSHAN STEEL AT CMP OF 400 WITH A STOPLOSS OF 380 FOR A TARGET OF 428, 442 AND 448.
BUY JSW STEEL AT CMP OF 910 WITH A STOPLOSS OF 880
WE RECOMMEND TO BUY JSW STEEL AT CMP OF 910 WITH A STOPLOSS OF 880 FOR A TARGET OF 933, 954 AND 978.
TRIPLE BINGO! REC REACHED OUR THIRD TARGET OF 264
ON 02.02.11 WE RECOMMENDEDED TO BUY REC AT CMP OF 244 WITH A STOPLOSS OF 238 FOR A TARGET OF 253, 258 AND 264. OUR THIRD TARGET OF 264 ACHIEVED TODAY. BINGO ONCE MORE!
DOUBLE BINGO! AUTOLINE REACHED FIRST TARGET OF 173
TODAY WE RECOMMENDED TO BUY AUTOLINE IND AT CMP OF 165.50 WITH A STOPLOSS OF 159 FOR A TARGET OF 173, 178 AND 184. OUR FIRST TARGET OF 173 ACHIEVED. BINGO AGAIN!
BUY KALINDEE RAIL AT CMP OF 145 WITH A STOPLOSS OF 140
WE RECOMMEND TO BUY KALINDEE RAIL AT CMP OF 145 WITH A STOPLOSS OF 140 FOR A TARGET OF 154, 159 AND 163.
BINGO! NIFTY REACHED OUR THIRD TARGET OF 5512
ON 01.02.11 WE RECOMMENDED TO BUY NIFTY AT CMP OF 5408 WITH A STOPLOSS OF 5380 FOR A TARGET OF 5458, 5488 AND 5512. OUR THIRD TARGET OF 5512 ACHIEVED TODAY. BINGO! NOW IF NIFTY SUSTAINS ABOVE 5512 FOR HALF AN HOUR NEXT TARGETS WILL BE 5538, 5563 AND 5589.
SELL SILVER AT CMP OF $28.29 WITH A STOPLOSS OF $ 29.30
WE RECOMMEND TO SELL SILVER AT CMP OF $28.29 WITH A STOPLOSS OF $ 29.30 FOR A TARGET OF $27.10, $26.06 AND $24.80. SILVER IS FACING RESISTANCE AT 61.8% OF ITS RETRACEMENT AT $28.59.
BUY GEODESIC AT CMP OF 78 WITH A STOPLOSS OF 75
WE RECOMMEND TO BUY GEODESIC AT CMP OF 78 WITH A STOPLOSS OF 75 FOR A TARGET OF 83, 84.80, 87.40 AND 89.30
BUY VALECHA ENGG AT CMP OF 113 WITH A STOPLOSS OF 100
WE RECOMMEND TO BUY VALECHA ENGG AT CMP OF 113 WITH A STOPLOSS OF 100 FOR A TARGET OF 123, 128 AND 134.
BUY JYOTI STRUCTURE AT CMP OF 100 WITH A STOPLOSS OF 95
WE RECOMMEND TO BUY JYOTI STRUCTURE AT CMP OF 100 WITH A STOPLOSS OF 95 FOR A TARGET OF 114, 118 AND 123. (INVEST FOR 1-3 MTHS).
BUY CANARA BANK AT CMP OF 567 WITH A STOPLOSS OF 540
WE RECOMMEND TO BUY CANARA BANK AT CMP OF 567 WITH A STOPLOSS OF 540 FOR A TARGET OF 598, 612 AND 636.
BUY NAGARJUNA CONS AT CMP OF 109 WITH A STOPLOSS OF 100
WE RECOMMEND TO BUY NAGARJUNA CONS AT CMP OF 109 WITH A STOPLOSS OF 100 FOR A TARGET OF 119, 124 AND 129. (INVEST FOR 1-3 MTHS)
BUY JP ASSOCIATES AT CMP OF 81 WITH A STOPLOSS OF 74
WE RECOMMEDN TO BUY JP ASSOCIATES AT CMP OF 81 WITH A STOPLOSS OF 74 FOR A TARGET OF 88, 94 AND 97. (INVEST FOR 1-3 MTHS).
BUY IVRCL INFRA AT CMP OF 74.90 WITH A STOPLOSS OF 69
WE RECOMMEND TO BUY IVRCL INFRA AT CMP OF 74.90 WITH A STOPLOSS OF 69 FOR A TARGET OF 83, 87, 93 AND 96. (INVEST FOR 1-3 MTHS).
BUY AUTOLINE IND AT CMP OF 165.50 WITH A STOPLOSS OF 159
WE RECOMMEND TO BUY AUTOLINE IND AT CMP OF 165.50 WITH A STOPLOSS OF 159 FOR A TARGET OF 173, 178 AND 184.
BUY VENKEYS AT CMP OF 593 WITH A STOPLOSS OF 560
WE RECOMMEND TO BUY VENKEYS AT CMP OF 593 WITH A STOPLOSS OF 560 FOR A TARGET OF 629, 643 AND 657.
Casino Royale resumed with immediate effect: Delta Corp
According to Hardik Dhebar CFO of Delta Corp "An order came from the home department regarding the casino operations. It was without any reasons or justification provided and on the grounds of natural justice, High Street, Delta’s subsidiary, was constrained to appeal before the administrative tribunal court at Goa. They issued an ad-interim stay against the home departments’ order affecting the casino operations. The casino operation on Casino Royale have resumed with immediate effect. We are back in normal business now."
Wednesday, February 02, 2011
BINGO ONCE MORE! REC REACHED OUR FIRST & SECOND TARGET
TODAY WE RECOMMENDED TO BUY REC AT CMP OF 244 WITH A STOPLOSS OF 238 FOR A TARGET OF 253, 258 AND 264. OUR FIRST AND SECOND TARGET OF 253 AND 258 ACHIEVED TODAY ITSELF. BINGO! FOR THE SIXTH TIME IN A SINGLE DAY.
BINGO HI BINGO! SREI INFRA REACHED OUR SECOND TARGET OF 85.40
ON 31.01.11 WE RECOMMENDED TO BUY SREI INFRA AT CMP OF 80.55 WITH A STOPLOSS OF 78 FOR A TARGET OF 83.80 AND 85.40. SREI INFRA REACHED OUR SECOND TARGET OF 85.40 TODAY. BINGO HI BINGO!
BINGO ALL THE WAY! NIFTY REACHED OUR SECOND TARGET OF 5488
ON 01.02.11 WE RECOMMENDED TO BUY NIFTY AT CMP OF 5408 WITH A STOPLOSS OF 5380 FOR A TARGET OF 5458, 5488 AND 5512. OUR SECOND TARGET OF 5488 ACHIEVED TODAY. BINGO ALL THE WAY!
BUY RECLTD AT CMP OF 244 WITH A STOPLOSS OF 238
WE RECOMMEND TO BUY REC AT CMP OF 244 WITH A STOPLOSS OF 238 FOR A TARGET OF 253, 258 AND 264.
TRIPLE BINGO! JAIN IRRIGATION REACHED OUR SECOND TARGET OF 178
TODAY WE RECOMMENDED TO BUY JAIN IRRIGATION AT CMP OF 162 WITH A STOPLOSS OF 154 FOR A TARGET OF 172, 178 AND 184. OUR SECOND TARGET OF 178 ACHIEVED TODAY. BINGO ONCE MORE!
BUY LIC HOUSING AT CMP OF 174.50 WITH A STOPLOSS OF 168
WE RECOMMEND TO BUY LIC HOUSING AT CMP OF 174.50 WITH A STOPLOSS OF 168 FOR A TARGET OF 183, 187 AND 192.
DOUBLE BINGO! JAIN IRRIGATION REACHED OUR FIRST TARGET
TODAY WE RECOMMENDED TO BUY JAIN IRRIGATION AT CMP OF 162 WITH A STOPLOSS OF 154 FOR A TARGET OF 172, 178 AND 184. OUR FIRST TARGET ACHIEVED TODAY. BINGO AGAIN!
BUY JAIN IRRIGATIONS AT CMP OF 162 WITH A STOPLOSS OF 154
WE RECOMMEND TO BUY JAIN IRRIGATION AT CMP OF 162 WITH A STOPLOSS OF 154 FOR A TARGET OF 172, 178 AND 184.
BINGO! NIFTY REACHED OUR FIRST TARGET OF 5458
ON 01.02.11 WE RECOMMENDED TO BUY NIFTY AT CMP OF 5408 WITH A STOPLOSS OF 5380 FOR A TARGET OF 5458, 5488 AND 5512. OUR FIRST TARGET OF 5458 ACHIEVED TODAY. BINGO!
Tuesday, February 01, 2011
DELTA CORP GETS LETTER FROM GOA GOVT TO CLOSE CASINO ROYALE
State Home Ministry issued its closure order on Monday evening.
Undersecretary (Home) V P Dangui in its order said that both the casinos flouted Goa Anti Gambling Act, which makes mandatory for the off shore casinos to have the license from DGS.
While Casino Royal is owned by Highstreet Cruises and Entertainment Private Limited, M V Arabian Sea King is owner by M/s Victor Hotels and Motels Private Limited.
In an earlier order, Government had asked shutting operations of another casino for violating laws.
“After the order, now any gambling activities on the vessel become unauthorized as the operations of slot machines and gaming tables have been asked to be stopped. The order has also been referred to state police, excise department and department of commercial taxes for the action from their side,” Dangui said adding that the two casinos were issued show cause notices on December 12, 2010.
Both managements had sought time, which was declined by the Home Ministry. State Ports Minister Nilkant Halarnkar had said that action would be taken against Casino Royale as it has been operating without mandatory license.
The Government, which granted licenses to seven off-shore casinos couple of years ago, in December 2010 said that off-shore casino vessels operating without trade licenses would be closed down immediately.
Department of Ports sources said that of the seven, only four off shore casinos - Casino Royale, Casino Pride, Casino Caravelha and Casino Carnival, are operational before the fresh announcement of closure.
BUY NIFTY AT CMP OF 5408 WITH A STOPLOSS OF 5380
WE NOW RECOMMEND TO BUY NIFTY AT CMP OF 5408 WITH A STOPLOSS OF 5380 FOR A TARGET OF 5458, 5488 AND 5512.
BINGO ALL THE WAY! SREI INFRA REACHED OUR FIRST TARGET
ON 31.01.11 WE RECOMMENDED TO BUY SREI INFRA AT CMP OF 80.55 WITH A STOPLOSS OF 78 FOR A TARGET OF 83.80 AND 85.40. SREI INFRA MADE A HIGH OF 83.75 THUS MEETING OUR FIRST TARGET. BINGO ALL THE WAY!
TRIPLE BINGO! CNX IT REACHED OUR FIRST TARGET OF 6912
ON 21.01.11 WE RECOMMENDED TO SELL CNX IT AT CMP OF 7250 WITH A STOPLOSS OF 7450 FOR A TARGET OF 6912 AND 6760. OUR FIRST TARGET OF 6912 ACHIEVED YESTERDAY. BINGO ONCE MORE!
DOUBLE BINGO! A2Z REACHED OUR FIRST AND SECOND TARGET
TODAY WE RECOMMENDED TO BUY A2Z AT CMP OF 270 WITH A STOPLOSS OF 260 FOR A TARGET OF 288, 297 AND 304. OUR FIRST & SECOND TARGET ACHIEVED WITHIN 10 MIN OF OUR RECOMMENDATION. BINGO AGAIN!
BUY A2Z MAINTAINANCE AT CMP OF 270 WITH A STOPLOSS OF 260
WE RECOMMEND TO BUY A2Z AT CMP OF 270 WITH A STOPLOSS OF 260 FOR A TARGET OF 288, 297 AND 304.
BINGO! KRBL REACHED OUR SECOND AND THIRD TARGET
ON 31.01.11 WE RECOMMENDED TO BUY AT CMP OF 31.10 WITH A STOPLOSS OF 29.80 FOR A TARGET OF 32.70, 33.60 AND 34.40. OUR SECOND AND THIRD OF 33.60 & 34.40 ACHIEVED TODAY. BINGO!
Monday, January 31, 2011
DOUBLE BINGO! NIFTY REACHED OUR FIRST TARGET OF 5532
TODAY WE RECOMMENDED TO BUY NIFTY AT CMP OF 5455 WITH A STOPLOSS OF 5400 FOR A TARGET OF 5532, 5588 AND 5640. IN THE MORNING NIFTY TOOK A BLOOD BATH BUT WE STILL GAVE A BUY CALL ON NIFTY. NIFTY MADE A HIGH OF 5526, OUR FIRST TARGET OF 5532 ALMOST ACHIEVED. BINGO!
BINGO! KRBL REACHED OUR FIRST TARGET OF 32.70
TODAY WE RECOMMENDED TO BUY AT CMP OF 31.10 WITH A STOPLOSS OF 29.80 FOR A TARGET OF 32.70, 33.60 AND 34.40. OUR FIRST TARGET OF 32.70 ACHIEVED TODAY. BINGO!
BUY SREI INFRA AT CMP OF 80.55 WITH A STOPLOSS OF 78
WE RECOMMEND TO BUY SREI INFRA AT CMP OF 80.55 WITH A STOPLOSS OF 78 FOR A TARGET OF 83.80 AND 85.40.
BUY DELTA CORP AT CMP OF 75.60 WITH A STOPLOSS OF 73
WE RECOMMEND TO BUY DELTA CORP AT CMP OF 75.60 WITH A STOPLOSS OF 73 FOR A TARGET OF 78.40, 79.75 AND 80.45.
BUY KRBL AT CMP OF 31.10 WITH A STOPLOSS OF 29.80
WE RECOMMEND TO BUY AT CMP OF 31.10 WITH A STOPLOSS OF 29.80 FOR A TARGET OF 32.70, 33.60 AND 34.40.
BUY NIFTY AT CMP OF 5455 WITH A STOPLOSS OF 5400
WE RECOMMEND TO BUY NIFTY AT CMP OF 5455 WITH A STOPLOSS OF 5400 FOR A TARGET OF 5532, 5588 AND 5640.
Friday, January 28, 2011
BINGO! CRUDE OIL NEARS OUR FIRST TARGET
ON 18.01.11 WE RECOMMENDED TO SHORT CRUDE OIL AT $91.54 WITH A STOPLOSS OF $93.25 FOR A TARGET OF $84.24, $81.67 AND $79.10.CRUDE IS CURRENTLY TRADING AT $85.12. WE RECOMMEND TO BOOK 50% PROFITS AND HOLD REST WITH A REVISED STOPLOSS OF $88.00
POWER OF OUR STRATEGY OF INVESTING
WE HAVE EXITED NIFTY ON 10.01.11 AT 10:30 A.M. WHEN NIFTY WAS 5883.10. NOW NIFTY IS TRADING AT 5530. THOUGH WE HAVE ALSO INCURRED A LOSS OF -2.36% ON OUR HOLDINGS, BUT IF WE HAVE KEPT THE POSTION TILL DATE THEN OUR LOSS WOULD HAVE BEEN MORE THAN 10%. THAT IS THE POWER OF STRATEGY OF INVESTING THAT THE LOSS WILL BE LIMITED ONLY.
IN STOCK MARKET EVERYBODY KNOWS WHEN TO ENTER BUT VERY FEW KNOWS WHEN TO EXIT. OUR STRATEGY IS BASED ON THE THEORY(WHEN AND HOW TO EXIT). THATS WHY IT IS GIVING CONSISTENT RETURN OF OVER 50% P.A. SINCE 1ST JANUARY 2005. CLICK HERE TO VIEW.
FOR MORE DETAILS LOOK ON THE RIGHT SIDE OF OUR BLOG.
IN STOCK MARKET EVERYBODY KNOWS WHEN TO ENTER BUT VERY FEW KNOWS WHEN TO EXIT. OUR STRATEGY IS BASED ON THE THEORY(WHEN AND HOW TO EXIT). THATS WHY IT IS GIVING CONSISTENT RETURN OF OVER 50% P.A. SINCE 1ST JANUARY 2005. CLICK HERE TO VIEW.
FOR MORE DETAILS LOOK ON THE RIGHT SIDE OF OUR BLOG.
NIFTY CLOSED BELOW 5624
WE HAVE EXITED ALL OPEN POSITION AT MARKET OPEN SINCE NIFTY CLOSED BELOW THE KEY LEVEL OF 5624. CLICK HERE TO VIEW.
BINGO! VIP REACHED OUR FIRST TARGET OF 622
ON 24.01.11 WE RECOMMENDED TO BUY VIP AT CMP OF 585 WITH A STOPLOSS OF 560 FOR A TARGET OF 622, 637 AND 648. OUR FIRST TARGET OF 622 ACHIEVED YESTERDAY. BINGO!
Thursday, January 27, 2011
EXIT ALL OPEN POSITIONS IF NIFTY CLOSES BELOW 5624
WE SUGGEST TO CLOSE ALL OPEN CALLS IF NIFTY CLOSES BELOW 5624.
BINGO! BRFL REACHED OUR SECOND TARGET OF 238
ON 21.01.11 WE RECOMMENDED TO BUY BRFL AT CMP OF 224 WITH A STOPLOSS OF 220 FOR A TARGET OF 233 AND 238. OUR SECOND TARGET OF 238 ACHIEVED TODAY. BINGO!
Tuesday, January 25, 2011
STOPLOSS OF EVERONN AT 625 TRIGERRED
TODAY WE RECOMMENDED TO BUY EVERONN AT CMP OF 640 WITH A STOPLOSS OF 625 FOR A TARGET OF 666, 683 AND 697. OUR STOPLOSS OF 625 TRIGERRED. EXIT FROM IT.
BINGO ALL THE WAY! JSW ENERGY REACHED OUR FIRST TARGET OF 90.40
ON 21.01.11 WE RECOMMENDED TO BUY JSW ENERGY AT CMP OF 87.55 WITH A STOPLOSS OF 85 FOR A TARGET OF 90.40, 92.80, AND 94.40. OUR FIRST TARGET OF 90.40 ACHIEVED TODAY. BINGO ALL THE WAY!
TRIPLE BINGO! NIFTY REACHED OUR THIRD TARGET OF 5782
ON 17.01.11 WE SUGGESTED TO BUY NIFTY AT CMP OF 5655 WITH A STOPLOSS OF 5600 FOR A TARGET OF 5698, 5739, 5782 AND 583. OUR THIRD TARGET OF 5782 ACHIEVED TODAY. BINGO!
BUY EVERONN AT CMP OF 640 WITH A STOPLOSS OF 625
WE RECOMMEND TO BUY EVERONN AT CMP OF 640 WITH A STOPLOSS OF 625 FOR A TARGET OF 666, 683 AND 697.
DOUBLE BINGO! DELTA CORP REACHED OUR FIRST TARGET OF 89.40
ON 18.01.11 WE RECOMMENDED TO BUY DELTA CORP AT CMP OF 83.55 WITH A STOPLOSS OF 78 FOR A TARGET OF 89.40, 92.30 AND 94.65. OUR FIRST TARGET ACHIEVED TODAY. BINGO! ONCE MORE.
BINGO! BANK BARODA REACHED OUR SECOND TARGET OF 883
ON 24.01.11 WE RECOMMENDED TO BUY BANK OF BARODA AT CMP OF 842 WITH A STOPLOSS OF 825 FOR A TARGET OF 865, 883 AND 896. OUR SECOND TARGET OF 883 ACHIEVED. BINGO!
Monday, January 24, 2011
BUY SHRIRAM TRANSPORT FIN AT CMP OF 723.10 WITH A STOPLOSS OF 700
WE RECOMMEND TO BUY SHRIRAM TRANSPORT FIN AT CMP OF 723.10 WITH A STOPLOSS OF 700 FOR A TARGET OF 753, 769 AND 778.
ABOUT MR. RAKESH JHUNJHUNWALA
Son of an income tax officer, he started dabbling in stocks while in Sydenham college and plunged into investing as a full time profession soon after completing his education (Chartered Accountant). He started his career with $100 in 1985 when the BSE Sensex was at 150. He made his first big profit of Rs 0.5 million in 1986 when he sold 5,000 shares of Tata Tea at a price of Rs 143 which he had purchased for Rs 43 a share just 3 months prior. Between 1986 and 1989 he earned Rs 20-25 lakhs. His first major successful bet was iron ore mining company Sesa Goa. He bought 4 lakh shares of Sesa Goa in forward trading, worth Rs 1 crore and sold about 2-2.5 lakh shares at Rs 60-65 and another 1 lakh at Rs 150-175. The prices then went up to Rs 2200 and he sold some shares.
But he credits Madhu Dandavate's Union budget of 1990 as the inflection point for his investing career which quintupled his net worth. His privately owned stock trading firm Rare Enterprises, derives its name from the first two initials of his name and wife Rekha's name.
Under the guidance of Mr Radhakrishna Damani, he made a lot of money shorting stocks at the time of Harshad Mehta scam post 1992.
"My decision to aggressively invest in the asset class of Indian equities at the right time was a very important determinant of my success,” said Rakesh Jhunjhunwala.
Investment Philosophy
Although he claims to put only a minuscule of his networth on the table for trading activity, he has often leveraged his own capital and managed to make a fortune from his calls, more often than not. His stock picking strategy is influenced by the lessons from Mr George Soros's trading strategies and Dr Marc Faber's analysis of economic history. He endorses the thumb rule of 'trend is my best friend'.
He is the poster boy of the Indian bull run but admits to have been a bear in the Harshad Mehta days and believes that a person in the market should be like a chameleon. He calls the markets as temples of capitalism and believes that they are the ultimate arbitrators.
Much like Mr Warren Buffet, he buys into the business model of a company and for judging the longevity and growth potential, he gives top priority to 'competitive ability', 'scalability' and 'management quality' of the enterprise. The 'entrepreneur', according to Mr Jhunjhunwala is what makes an invaluable difference to his expected investment returns. According to Mr Jhunjhunwala, believing in the vision and the beliefs of the entrepreneur and validating the risks that may not be perceived by the entrepreneur are the key success factors for an investor.
Mr Jhunjhunwala has managed to identify numerous multi-baggers in the past decade, notable being Karur Vysya Bank, Praj Industries, Crisil, Titan, Nagarjuna, HOEL, Rallis, VIP and PSUs like BEML and Bharat Electronics, among others. The typical traits to look for while identifying potential multi-baggers, according to Mr Jhunjhunwala are - low institutional holding, under-researched and general pessimism about the stock.
RAKESH JHUNJHUNWALA ADDS MORE VIP IN HIS PORTFOLIO
DURING THE QUARTER ENDED DEC'10 MR. RAKESH JHUNJHUNWALA HAS ADDED 174500 OF VIP IN HIS PORTFOLIO. AS ON DEC'10 HE HOLDS 1,263,000 AND 554,500 OF VIP IN TWO OF HIS NAMES.
SHARE HOLDING PATTERN OF VIP AS ON 31.12.10
SHARE HOLDING PATTERN OF VIP AS ON 31.12.10
| 1 | Sudhir Mohanlal Jatia | 1,700,152 | 6.02 |
| 2 | Rakesh Jhunjhunwala | 1,263,000 | 4.47 |
| 3 | Kiddy Plast Ltd | 932,868 | 3.30 |
| 4 | Kemp & Company Ltd | 659,996 | 2.34 |
| 5 | Ramgopal Textiles Ltd | 578,445 | 2.05 |
| 6 | DGP Enterprises Pvt Ltd | 477,700 | 1.69 |
| 7 | Jhunjhunwala Rakesh Radheshyam | 554,500 | 1.96 |
| 8 | Sidharth Mohanlal Jatia | 323,295 | 1.14 |
| 9 | Saint Honore Inde | 500,000 | 1.77 |
| 10 | The India Fund Inc | 300,140 | 1.06 |
BUY SINTEX AT CMP OF 158 WITH A STOPLOSS OF 150
WE RECOMMEND TO BUY SINTEX AT CMP OF 158 WITH A STOPLOSS OF 150 FOR A TARGET OF 166, 171 AND 176.
BINGO ALL THE WAY! HITACHI REACHED OUR FIRST TARGET OF 223
ON 18.01.11 WE RECOMMENDED TO BUY HITACHI AT CMP OF 205 WITH A STOPLOSS OF 188 FOR A TARGET OF 223 AND 237. OUR FIRST TARGET OF 223 ACHIEVED. BINGO! ALL THE WAY.
BUY VIP AT CMP OF 585 WITH A STOPLOSS OF 560
WE RECOMMEND TO BUY VIP AT CMP OF 585 WITH A STOPLOSS OF 560 FOR A TARGET OF 622, 637 AND 648.
BUY UFLEX AT CMP OF 181.60 WITH A STOPLOSS 165
WE RECOMMEND TO BUY UFLEX AT CMP OF 181.60 WITH A STOPLOSS OF 165 FOR A TARGET OF 198, 207 AND 214.
TRIPLE BINGO! BANK BARODA REACHED OUR FIRST TARGET OF 865
TODAY WE RECOMMENDED TO BUY BANK OF BARODA AT CMP OF 842 WITH A STOPLOSS OF 825 FOR A TARGET OF 865, 883 AND 896. OUR FIRST TARGET OF 865 ACHIEVED. BINGO!
DOUBLE BINGO! HANUNG REACHED OUR SECOND TARGET OF 234
ON 21.01.11 WE RECOMMENDED TO BUY HANUNG AT CMP OF 211 WITH A STOPLOSS 200 FOR A TARGET OF 221 AND 234. OUR SECOND TARGET OF 234 ACHIEVED TODAY. BINGO! ONCE MORE.
BUY BANK OF BARODA AT CMP OF 842 WITH A STOPLOSS OF 825
WE RECOMMEND TO BUY BANK OF BARODA AT CMP OF 842 WITH A STOPLOSS OF 825 FOR A TARGET OF 865, 883 AND 896.
BINGO! BRFL REACHED OUR FIRST TARGET OF 233
ON 21.01.11 WE RECOMMENDED TO BUY BRFL AT CMP OF 224 WITH A STOPLOSS OF 220 FOR A TARGET OF 233 AND 238. OUR FIRST TARGET OF 233 ACHIEVED. BINGO!
Friday, January 21, 2011
BUY BRFL AT CMP OF 224 WITH A STOPLOSS OF 220
WE RECOMMEND TO BUY BRFL AT CMP OF 224 WITH A STOPLOSS OF 220 FOR A TARGET OF 233 AND 238.
DOUBLE BINGO! HANUNG REACHED OUR FIRST TARGET OF 221
TODAY ITSELF WE RECOMMENDED TO BUY HANUNG AT CMP OF 211 WITH A STOPLOSS 200 FOR A TARGET OF 221 AND 234. OUR FIRST TARGET OF 221 ACHIEVED. BINGO!
BUY HANUNG AT CMP OF 211 WITH A STOPLOSS OF 200
WE RECOMMEND TO BUY HANUNG AT CMP OF 211 WITH A STOPLOSS 200 FOR A TARGET OF 221 AND 234.
CNX IT IS LOOKING WEAK
WE RECOMMEND TO SELL CNX IT AT CMP OF 7250 WITH A STOPLOSS OF 7450 FOR A TARGET OF 6912 AND 6760.
BUY JSW ENERGY AT CMP OF 87.55 WITH A STOPLOSS OF 85
WE RECOMMEND TO BUY JSW ENERGY AT CMP OF 87.55 WITH A STOPLOSS OF 85 FOR A TARGET OF 90.40, 92.80, AND 94.40.
BINGO! CANARA BANK REACHED OUR SECOND TARGET OF 612
ON 20.01.11 WE RECOMMENDED TO BUY CANARA BANK AT CMP OF 575 WITH A STOPLOSS OF 560 FOR A TARGET OF 596, 612 AND 636. OUR SECOND TARGET OF 612 ACHIEVED TODAY. BINGO!
BOOK 100% PROFITS IN LIC HOUSING AT CMP OF 182.50
ON 18.01.11 WE RECOMMENDED TO BUY LIC HOUSING AT CMP OF 154.55 WITH A STOPLOSS OF 140 FOR A TARGET OF 174 AND 187. BOOK 100% PROFITS AT CMP OF 182.50. A RETURN OF 18.08% IN JUST 2 DAYS. BINGO!
Thursday, January 20, 2011
RAKESH JHUNJHUNWALA REDUCED HIS HOLDING IN KAJARIA CERAMICS
AS PER THE SHARE HOLDING PATTERN AS ON 31.12.10 ON BSE MR. RAKESH JHUNJHUNWALA NOW HOLD 1252642 OF KAJARIA CERAMICS INSTEAD OF 2502642 AS ON 30.09.10. IT SEEMS HE HAS SOLD 1250000 DURING 01.10.10 TO 31.12.10.
WHEREAS MORGAN STANLEY HAS BOUGHT 2000000, HSBC PROGRESSIVE THEME FUND BOUGHT 1898274, DSP BLACK ROCK TAX SAVER BOUGHT 1515500 DURING THIS PERIOD.
SHARE HOLDING PATTERN AS ON 31.12.10:
WHEREAS MORGAN STANLEY HAS BOUGHT 2000000, HSBC PROGRESSIVE THEME FUND BOUGHT 1898274, DSP BLACK ROCK TAX SAVER BOUGHT 1515500 DURING THIS PERIOD.
SHARE HOLDING PATTERN AS ON 31.12.10:
| 1 | Ashish Dhawan | 4,508,458 | 6.13 |
| 2 | High Value Traders Pvt Ltd | 2,021,459 | 2.75 |
| 3 | Morgan Stanley Mauritius Company Ltd | 2,000,000 | 2.72 |
| 4 | HSBC Progressive Themes Fund | 1,898,274 | 2.58 |
| 5 | DSP Black Rock Tax Saver Fund | 1,515,500 | 2.06 |
| 6 | Swarn Projects Ltd | 1,278,551 | 1.74 |
| 7 | Rakesh Jhunjhunwala | 1,252,642 | 1.70 |
| 8 | Alchemy India Long Term Fund Ltd | 1,000,000 | 1.36 |
| 9 | DSP Black Rock Small & MID Cap Fund | 872,015 | 1.19 |
STOPLOSS OF TWILIGHT LITIKA TRIGERRED
ON 12.01.11 WE RECOMMENDED TO BUY TWILIGHT LITIKA AT CMP OF 86.50 WITH A STOPLOSS OF 81 FOR A TARGET OF 94, 98 AND 103.OUR STOPLOSS OF 81 TRIGERRED. EXIT FROM IT.
BINGO! CANARA BANK REACHED OUR FIRST TARGET OF 594
TODAY WE RECOMMENDED TO BUY CANARA BANK AT CMP OF 575 WITH A STOPLOSS OF 560 FOR A TARGET OF 596, 612 AND 636. OUR FIRST TARGET OF 594 ACHIEVED. BINGO!
BOOK 50% PROFITS IN CANARA BANK AT 594
TODAY WE RECOMMENDED TO BUY CANARA BANK AT CMP OF 575 WITH A STOPLOSS OF 560 FOR A TARGET OF 596, 612 AND 636. BOOK 50% PROFITS AT CMP OF 594 AND HOLD REST FOR REVISED STOPLOSS OF 575.
BUY CANARA BANK AT CMP OF 575 WITH A STOPLOSS OF 550
WE RECOMMEND TO BUY CANARA BANK AT CMP OF 575 WITH A STOPLOSS OF 560 FOR A TARGET OF 596, 612 AND 636.
BUY AUTOLINE IND AT CMP OF 192.60 WITH A STOPLOSS OF 185
WE RECOMMEND TO BUY AUTOLINE AT CMP OF 192.60 WITH A STOPLOSS OF 185 ON CLOSING BASIS FOR A TARGET OF 204, 209 AND 214.50
BUY BHUSHAN STEEL AT CMP OF 432 WITH A STOPLOSS OF 420
WE RECOMMEND TO BUY BHUSHAN STEEL AT CMP OF 432 WITH A STOPLOSS OF 420 FOR A TARGET OF 446 AND 453.
BINGO! LIC HOUSING REACHED OUR FIRST TARGET OF 174
ON 18.01.11 WE RECOMMENDED TO BUY LIC HOUSING AT CMP OF 154.55 WITH A STOPLOSS OF 140 FOR A TARGET OF 174 AND 187. OUR FIRST TARGET OF 174 ACHIEVED TODAY. BINGO!
Wednesday, January 19, 2011
POWER OF OUR STRATEGY OF INVESTING
THE POWER OF STRATEGY OF INVESTING WITH US IS THAT IF U HAVE INVESTED ONLY RS.5,00,000 ON 01.12.07 THEN IT HAS BECOME RS.20,14,586 AFTER BROKERAGE. A PHENOMINAL RETURN OF OVER 100% P.A. ONLY IN EQUITY WHEREAS BOTH CNXNIFTY AND BSESENSEX HAS GIVEN -VE RETURN SINCE 01.12.07 TO TILL DATE. CLICK HERE TO VIEW.
AND IF U INVESTED RS.500000 ON 01.01.05 WITH US THEN IT HAS BECOME RS.50,10,999 AFTER BROKERAGE. A PHENOMINAL RETURN OF OVER 100% P.A. CLICK HERE TO VIEW.
HOWEVER, WE R STILL SAYING THAT U EXPECT JUST 30%P.A. TO 50%P.A. RETURN, MAY BE U CAN GET MUCH MORE THAN THIS. BUT FOR THIS U HAVE TO REMAIN INVESTED FOR A MINIMUM OF 2-3 YEARS OF HORIZON.
MOREOVER, U CAN URSELF CALCULATE THE FIGURE IF U HAD DONE THIS IN F&O WHERE AVERAGE MARGIN IS JUST 30% OF THE TOTAL HOLDINGS.
LINKS: BEJAN DARUWALLA, RAKESH JHUNJHUNWALA.
MOREOVER, U CAN URSELF CALCULATE THE FIGURE IF U HAD DONE THIS IN F&O WHERE AVERAGE MARGIN IS JUST 30% OF THE TOTAL HOLDINGS.
LINKS: BEJAN DARUWALLA, RAKESH JHUNJHUNWALA.
BOOK 50% PROFITS IN LIC HOUSING AT 169
ON 18.01.11 WE RECOMMENDED TO BUY LIC HOUSING AT CMP OF 154.55 WITH A STOPLOSS OF 140 FOR A TARGET OF 174 AND 187.AT CMP OF 169 WE RECOMMEND TO BOOK 50% PROFITS AND HOLD REST FOR A REVISED STOPLOSS OF 163.
BINGO! NIFTY REACHED OUR SECOND TARGET OF 5739
ON 17.01.11 WE SUGGESTED TO BUY NIFTY AT CMP OF 5655 WITH A STOPLOSS OF 5600 FOR A TARGET OF 5698, 5739, 5782 AND 583. OUR SECOND TARGET OF 5739 ACHIEVED TODAY. BINGO!
Tuesday, January 18, 2011
STOPLOSS OF DIAMOND POWER TRIGERRED
ON 12.01.11 WE RECOMMENDED TO BUY DIAMOND POWER AT CMP OF 196 WITH A STOPLOSS OF 190 FOR A TARGET OF 208, 214 AND 219. EXIT FROM DIAMOND POWER. ITS STOPLOSS OF 190 TRIGERRED.
BUY HITACHI AT CMP OF 205 WITH A STOPLOSS OF 188
WE RECOMMEND TO BUY HITACHI AT CMP OF 205 WITH A STOPLOSS OF 188 FOR A TARGET OF 223 AND 237.
BINGO! INFOSYS TECH REACHED OUR FIRST TARGET OF 3320
ON 13.01.11 WE RECOMMENDED TO BUY INFOSYS TECH AT CMP OF 3210 WITH A STOPLOSS OF 3150 FOR A TARGET OF 3320, 3385 AND 3470. OUR FIRST TARGET OF 3320 ACHIEVED TODAY. BINGO!
BUY DELTA CORP AT CMP OF 83.55 WITH A STOPLOSS OF 78
WE RECOMMEND TO BUY DELTA CORP AT CMP OF 83.55 WITH A STOPLOSS OF 78 FOR A TARGET OF 89.40, 92.30 AND 94.65. ( A HOLDING OF RAKESH JHUNJHUNWALA).
BUY LIC HOUSING AT CMP OF 154.55 WITH A STOPLOSS OF 140
WE RECOMMEND TO BUY LIC HOUSING AT CMP OF 154.55 WITH A STOPLOSS OF 140 FOR A TARGET OF 174 AND 187.
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