pulak_2442GPRS services are goig to cheap day by day.First Airtal provided MOBILE OFFICE in post paid connection in 99 rs ,unlimited services.Then rental of gprs comest 250 rs in post paid ,and for prepaid its
pulak_2442Some days before i have opened my my mail box,I have seen a mail saying that ” congragulation you have own microsoft promotion award 5 million us doller”.First I exclaimed .Because I did not buy any
pulak_2442Yesterday i have given a recomendation about lic housing finance and GMR Infra.
One of the member made a comment to me that “What’s the garantee”.
I am saying to all that I have recomended after watching market .
And my fundamental analysis also showed this reasult.
pulak_2442Yesterday my recomendation was for GMR INFRA to enter around 165-170.Today its 4.60% up till now.And CMP 180.10.
Accroding to yesterday
Fii have net sold index futures rs 708 crs and net bought stock futures rs 7 crs.(20/2/2008)
FII have net bought 1585 crs and MF have net sold 328 crs in cash segment.
on 19/2/2008.
Corpotate news.
pulak_2442Todays recomendation
NIIT LTD.CMP RS 113.recomendation Buy with a target price 137.
HCL TECHNOLOGY.
This company have acquired Capital Stream Inc.
Its a us based company.The acquisition enhances HCL’S ability to provid end to end solutions through product and multiservices delivery capability to comercial and retail financial institution.
HCL Technology.Recomendation buy.
pulak_2442One the back of weak globel cues our market open with a gap 85 point down sensex ,which was high of the day.The marke has failed to recover the lost ground and kept on sliding through out the day.On account of low participaion by traders the volume continued to be vary low.First Sensex lost 550 point and then managed to recover some points.Closing was 458 point lower than previous day.TCS and INFO
pulak_24421) British Gas india ,a subsidery of uk based gas major british gas has picked up stake in two deep water exploration blocks owned by ONGC.
2)Ril and Essar oil have raised retail selling price of diesel and petrol.
3) Ril will begain production of coal bed methane from its Sohagpur Blocks in Madhya pradesh by september.
4)Ranbaxy will demerge its new drug discovery
pulak_2442How to select stocks on the basis of volume and trades?
Number of buyer and seller is known a volume basically.
If volume is more that 40000 in BSE and 1 lakhs in NSE of a particular share ,its good.
But if it less than 20000in BSE and 40000 in NSE its bad.
Dont buy these shares whose volume is so low.
How to select stocks on the bsaed of trades?
pulak_2442P/E ratio playes a vital role to select stocks in which a person should invest.
P/E ratio mean price earning ratio.
P/E=Market price of a share /Earning per share.
Suppose market price of a share is 200 and earning /share in last quater reasult 20.
So P/E ratio=200/20=10.
Ideal P/E ratio is 8 – 15.Don,t buy these share whose P/E is less than 5 and grater than 30.
