Markets in November

Topic: Markets in November
Expert: Amar Ambani
Date: November 16,2010 , 11:00 - 12:00 hrs
Amar Ambani : Good morning everyone! Welcome to the chat today
Amar Ambani :it should not have any direct signifcsnt impact on the stocks
subodh9276 : what about market today
Amar Ambani :should consolidate within a range of 6050-6180
Ali : hi amar, what will be listing price of power grid fpo ??
Amar Ambani :post allotment, it should be in the range of 98-105
Amar Ambani : Nifty likely to move in the range of 6050-6180 during the week
Amar Ambani :bajaj auto, L
Rahul : with such a good listing of Gravita, do you think there are better prospects for more IPOs to come and should we invest in any mroe IPOs after this at all?
Amar Ambani :One should be selective about the IPOs as pricing of some could be irrational. PSU IPOs and FPOs would be safer bets
Amar Ambani : Our top 5 large cap picks are Bajaj Auto, Larsen, Infosys, PNB and Sterlite Ind
Debashree : view on tata motors stock buy now ??
Amar Ambani :Its still a BUY with more than 10% upside
SB : What is ur view on HCLtech?
Amar Ambani :Its a good bet with target of Rs450
Neha : How do you see the future of Hotel Leela and other big players in hospitality. target for leela plz
Amar Ambani :We are bullish on some of the hotels stock. At current levels we like Hotel Leela
hashbash : what about tatasteel sir
Amar Ambani :We are positive on the stock and have upgraded the target price to Rs685
hashbash : hows Lupin to buy at current levels?
Amar Ambani :avoid buying the stock at current level
Ali : good time to invest in fmcg sector stock ??
Amar Ambani :technically we beleive stocks like HUL are poised for break-out. advise to take position in the stock with a SL of Rs285
Nikhil : How are shipping stocks for now?
Amar Ambani :Avoid shipping stcks as of now
Ali : I bought Usher 150 stocks the avai rate of 148 in 2007 should i hold it.... or when i sell it....??
Amar Ambani :technically, its breaking out of a range. advise to hold with SL Rs93
Ali : Suzlon Energy stock good to invest at cmp ?
Amar Ambani :We expect some pressure at current levels as rights issue was alloted at Rs60-62. advise investing above Rs64
Rahul : I have ONGC at 1200 and BPCL at 715. Should I hold it or sell now?
Amar Ambani :ONGC is a long term BUY BPCL, the results were good and can give decent returns
RAJAM600 : is bankindia a good buy?
Amar Ambani :yes, looking very good on the charts
Ali : u said to avoid shipping stock? why?
Amar Ambani :fundamentally, stocks appear expensive
Nikhil : Do you suggest to hold Nitin Fire for three to five yrs?
Amar Ambani :Its a good long term story
Ali : wat is your next target for nifty?
Amar Ambani :global markets are volatile. short term range difficult to hazard
RAJAM600 : Given the negative news coming for STER, should we avid the stock or is it a value buy for long term
Amar Ambani :yes its a value long term BUY
RAJAM600 : I hold bank india stock 800, what is the tgt price you would suggest
Amar Ambani :target could be Rs570 in 2 months time
Amar Ambani : Thanks for participating in todays chat. We conclude the session here. Bye



Previous Chats of Amar Ambani

next Indian Equities Outlook
next January 12,2011,11:00-12:00
next Quarterly Results
next October 19,2010,11:00-12:00
next Indian Capital Market
next August 23,2010,11:30-12:00
next Indian Equities – Outlook
next August 09,2010,11:00-11:30



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