SENSEX crossed 18,500 points mark but most of the retail investor’s portfolios still in red. There are couple companies which took most hit due to recession and later so called depression but not only economy made them loose ground, they themselves wiped out investor neatly. I as an retail investor took hit in profits when Reliance Petroleum got merged into Reliance industries and another big hit when Reliance Natural got news of merger into Reliance Power. Nearly 2 years back Reliance Natural was trading well above Rs 200 per share but now its under Rs 40, clearly its seems “buy and hold” principle doesn’t work any more and how far one would want to do “Average out” in these situations. These companies had great value for price back then. Some of the companies now are well below their IPO prices. I can understand the fact that Indian Communication Sector is beaten up right now with numerous factors. I am still thinking on what to do with these holdings. On the other side; to name few Infosys, Tata Motors, Tech Mahindra etc. are so nicely placed on growth, one cannot ignore them. Now the question is if you should come out of the laggards and join these leaders at current level or wait for Diwali ????
Tags: Indian Communication Sector stocks, Infosys, Reliance industries September 2010, Reliance Natural September 2010, Reliance Petroleum September 2010, Reliance Power September 2010, SENSEX crossed 18500 but portfolio still in Red!!, Tata Motors, Tech Mahindra September 2010
Few good stocks jumped more than 10% in a day ( Sep 3rd)
Tags: Ador Welding Ltd. (517041) Sep 3 stock analysis, Astral Poly Technik Ltd. (532830) Sep 3 stock analysis, Biofil Chemicals & Pharmaceuticals Ltd. (524396) Sep 3 stock analysis, Birla Ericsson Optical Ltd. (500060) Sep 3 stock analysis, Elgi Rub (590023) Sep 3 stock analysis, Fortis Malar Hospitals Ltd. (523696) Sep 3 stock analysis, Garware Polyester Ltd. (500655) Sep 3 stock analysis, Goodyear India Ltd. (500168) Sep 3 stock analysis, Hindustn Bio (532041) Sep 3 stock analysis, Kec International Ltd. (532714) Sep 3 stock analysis, Kiri Dyes (532967) Sep 3 stock analysis, Nirma Ltd. (500308) Sep 3 stock analysis, Nuchem Ltd. (500311) Sep 3 stock analysis, Oscar Investments Ltd. (501179) Sep 3 stock analysis, Pyramid Saim (532791) Sep 3 stock analysis, Satyam Computer Services Ltd. (500376) Sep 3 stock analysis, Shree Rama (532310) Sep 3 stock analysis, Vesuvius India Ltd. (520113) Sep 3 stock analysis, Xpro IndiPs (590013) Sep 3 stock analysis, Z.F.Steering Gear India Ltd (505163) Sep 3 stock analysis
Tags: Ashco Niulab Industries Ltd. (517565) Sep 3 stock analysis, Avon Corp (532995) Sep 3 stock analysis, Bampsl Securities Ltd. (531591) Sep 3 stock analysis, Beckons Industries Ltd. (531937) Sep 3 stock analysis, Bellary Steels & Alloys Ltd. (500045) Sep 3 stock analysis, Birla Cotsyn India Ltd. (533006) Sep 3 stock analysis, Birla Power Solutions Ltd. (517001) Sep 3 stock analysis, Cals Refineries Ltd. (526652) Sep 3 stock analysis, Cranes Software International Ltd. (512093) Sep 3 stock analysis, FCS Software Solutions Limited (532666) Sep 3 stock analysis, G.V.Films Ltd. (523277) Sep 3 stock analysis, JCT Electronics Ltd. (500222) Sep 3 stock analysis, Kaashyap Technologies Ltd. (532283) Sep 3 stock analysis, Krishna Lifestyle Technologies Ltd. (514221) Sep 3 stock analysis, Penny Stocks Sep 2010, Sanraa Media Ltd. (531312) Sep 3 stock analysis, Shiva Cement Ltd. (532323) Sep 3 stock analysis, Teledata Technology Solutions Ltd. (533089) Sep 3 stock analysis, Winsome Textile Industries Ltd. (514470) Sep 3 stock analysis
Cipla Ltd. is currently down its 20-day moving average price of Rs. 318.58 and down its 50-day moving average price of Rs. 328.80. Also Cipla Ltd. is currently above its 20-day moving average volume of 201,850 and above its 50-day moving average volume of 167,426. For graphical representation click here
Cipla’s stock has seen high volume in recent trading session, watch out from these mass actions from big institutional investors here, let the volumes settle at a certain consistent level and then go for it at price range of Rs 300- Rs 310. This is one of the stocks I would be in from Healthcare sector.
Following are peer stocks to Cipla from Pharmaceuticals industry
Tags: Cipla aug 2010, Cipla Ltd. (BOM:500087) - high volatile, Cipla Ltd. (BOM:500087) stock analysis, Cipla Ltd.(500087) stock August 2010, Healthcare Stocks