Quarterly Results

Topic: Quarterly Results
Expert: Amar Ambani
Date: October 19,2010 , 11:00 - 12:00 hrs
<< Prev | Next >>
Amar Ambani : Good Morning everyone. Welcome to this chat session.
sasiakula : hi gud mrng. when will be market correction ???
Amar Ambani :It has already corrected in last few sessions. One cannot rule out further correction but overall i think the tr is positive for now.
sasiakula : im new to stock market. cai i enter???
Amar Ambani :Very selectively. Make a portfolio of 10 stocks and buy units of 2-3 MFs
praveeno : gm sir , how is the mkt viewd from here
Amar Ambani :Looks fine to me. Liquidity flow is strong
sasiakula : in which stocks should i invest
Amar Ambani :ADSL, Sterlite Technologies, Amtek Auto, Shiv Vani Oil
sasiakula : i have upto 40000rs
Amar Ambani :Apply in Coal India.
sasiakula : or can i apply for coal india ipo
Amar Ambani :Apply in Coal India
Ali : hi Amar, wat to expect from the coal india ipo ?? invest or not ??
Amar Ambani :Invest. Coal shortage is imminent and Coal India is direct play on this theme. Supply will rise by mere 6% when demand will rise by 10%. Company has huge untapped resource base
Neha : Hi, so far the results d have been quite satisfactory. Do you suggest to stay long till Diwali?
Amar Ambani :If you mean in Futures, then that is a different ball game. You have to trade carefully. If your question is a general one, then i am of the opinion that market can go 7-10% upwards from here
praveeno : sensex by march 2011 ?
Amar Ambani :Difficult to put a number to it.
Rahul : How are results of FMCG sector expected to be?
Amar Ambani :Will be mixed bag. Mainly HUL results will be poor but ITC, Emami and others should do well.
praveeno : still ur expected number by march
Amar Ambani :I can only give a range and that is 5% downside from here and 10% upside from here.
vinod_frnd : wat were the targates for adsl, sterlite tech, amtek auto, shiv vani oil
Amar Ambani :ADSL Rs304, Amtek Rs215, Shiv Vani Rs560, Sterlite Tech Rs130
vinod_frnd : wat abt your view on raymond
Amar Ambani :Hold with stoploss of 375 and target of Rs422
Ali : how do you see IT sector quarter performance ? good time to invest in IT stocks?
Amar Ambani :IT sector results will be good. Infy was too. But coming months could be dicey due to INR appreciation. Go for HCL Tech instead of Infy
maneeshpth : sir, what is your call on mundra port. is it a buy now
Amar Ambani :Buy, Stoploss Rs152 and target Rs180
Nikhil : Do expect any significant good news from Real estate this qtr?? how is the road ahead for this sector?
Amar Ambani :Results should be good this quarter. The charts also look strong for the moment. But i am of a cautious view in the medium to long term.
maneeshpth : sir,can i invest in adhunik metallic. what is your view and 6 month target
Amar Ambani :Dont buy currently
praveeno : sir how u expect GOLD to perform from this level
Amar Ambani :Gold has given 20% return pa for last few years. Given uncertainty surrounding the globe, it shd continue to do well. But buy only 5-8% of ur portfolio value. When gold rallies , the bear mkt lasts for long
maneeshpth : sir i have bought 100 shares of gail at 490 and 150 shares of selan exploration at 330 what is the target for 6 months
Amar Ambani :Long term looks good. It is one of our top large cap picks. Hold on.
vinod_frnd : what is your view on raymond. what will the targate for it
Amar Ambani :Hold with stoploss of 375 and target of Rs422
Nikhil : does the buzz of a possible bubble in Reality have some roots to support it?
Amar Ambani :U shd go thru these links: http://www.indiainfoline.com/Discuss/Blogs/R-Venkataraman-Blog-Unreal-estate…Manic-buying-before-a-likely-panic-collapse/1057672 http://www.indiainfoline.com/Discuss/Blogs/Amar-Ambani-Blog-Housing-in-Mumbai-Helter-skelter-for-shelter/902132
Ali : which infra sector stocks to invest in ???
Amar Ambani :IVRCL
vinod_frnd : wat r the stop losses for adsl, strl tech,amtek auto,shiv vani oil
Amar Ambani :ADSL stoploss - Rs228 on closing basis. Amtek Auto stoploss - Rs153. Shiv Vani stoploss - Rs419. Sterlite Tech stoploss - Rs94.
Nikhil : I am holding soem pharma stocks like Dr. Reddy, Lupin etc. how long shoudl I hold them if at all I should or shift to another sector?
Amar Ambani :Hold on. You are in the right stock, in the right sector at the right time :)
<< Prev | Next >>


Previous Chats of Amar Ambani

next Indian Equities Outlook
next January 12,2011,11:00-12:00
next Markets in November
next November 16,2010,11:00-12:00
next Indian Capital Market
next August 23,2010,11:30-12:00
next Indian Equities – Outlook
next August 09,2010,11:00-11:30



IIFL Blogs

Anu Jain
Finally the reform train has picked up momentum-this may look inflationary in the short term but it is the right way to go to control fiscal deficit and align government spending to infrastructure ...