My Funda Stocks - 3

Vardhman Textiles (CMP - 290)
- QoQ Basis turnover growing at 12% while Net profit @25%.
- Support at 270. Heavy support at 265. Expected target of 310 in next few session. If crossed 310 and maintained above 315 than see the new level above 350.

Amara Raja ( CMP - Rs. 174)
- Immediate target of Rs. 190. If maintained above 190 or so, will reach 210.
- However, support seen at 170 & 165.  
- Results to be announced on 28th Jan 2011. Dividend of 100% declared at FV of Rs. 2.

My Funda Stocks - 2

Compact Disc (CMP Rs. 45.90).
Target of 52,55, 63, 70 & 90.
Dont see much downside.

Business - Media and Entertainment. (Animation)

P/E - 0.87.
Compare to its peer in the sector P/E is far less. Other company in the sector P/E ranges between 8 -15.

% of Net Profit to Sales is high at 20 to 22%.

It has hit the Upper circuit on 20th Jan. I dont see any worry even if purchased at this level.

I definitely bet on this for short term and medium term (atleast for 6 months).

To Start With....

Why this blog. 
It just happened.I had never planned of creating a blog untill today when I was interacting with my friend on equity stocks and at the same time I was logging into FB. Blogspot just struck me to share my research on stocks to all. I like doing research on Eq Stocks. Its fun and dynamic.

My Funda Stocks.
My research are base more from company news, estimate result, sector performance etc.

Here are few Stocks
Your feedback will help me in strengthening my research.

1. Titan Industries (CMP at Rs. 3502) - Results will be out on 28th Jan 11. Significant Increase in PAT for Q3. Will start seeing the upmove from Monday. It will hold the same level if the Nifty goes down. Heavy support  at 3300 and 3100. Stock will atleast reach 3700. However I expect to reach on 4000 on higher side. Business Venture - Time product, Jewellery, Eyewear & Precision Engg.

2.  Lupin (CMP - Rs. 459) - Results will be out on 27th Jan 11. Support seen at 440 & 420. Upside before results announcement at 480, 490 & 500. Business Venture - Pharma sector

Fundamentally these are good stocks. One can keep for medium term perspective.

High Risk Investor 


1. Granules (CMP - Rs. 92) - Scrip is range bound between 90 & 110. Support at 85.

2. Techno Electric (CMP - Rs. 280) - Scrip will move up before results announcement on 27th Jan 11. Upside seen at 300 & 310. Post results upmove can be 340 & 350. Strong support at 275 & 260.