NOW ITS BLACK FRIDAY !!!

HEY GUYS JUST DONT PANIC WITH THE HEADING CAUZ I KNOW MOST OF MY VIEWERS HAVE ALREADY SOLD MAJOR PORTION OF THEIR EQUITIES.
ALSO I WAS GLAD TO KNOW THAT MANY PEOPLE ARE BENEFITING FROM MY SERIVCE.

A CLEAR WARNING-STOP LISTENING TO EXPERTS AS THEY CALL THEMSELVES ON THE TV
THEY TELL US TO SELL WHEN MARKET FALLS AND CREATS PANIC SITUATION WHICH BRING THEM GOOD STOCKS TO BUY

TALKING ABOUT FRIDAYS TREND I EXPECT A MINOR BOUNCE OF 60-70 PTS IN THE OPENING OR NOT EVEN THAT BUT THERE WOULD BE A DOWNWARD MOVE AFTER THAT.

Dont go Long at these levels.u ll get trapped badly

Try going short on banking majors like
ICICI Bank
HDFC Bank
SBI
Bank of India
[Dont go short if banks open wid a downside gap]

I HAD CALLS TO SHORT HDFC BANK AND ICICI BANK AT HIGHER LEVELS.THEY ARE SITTING ON HGE PROFITS NOW.WHAT ARE YOU WONDERING NOW !!! THIS IS ALSO A FREE SERVICE AS I DONT GIVE MY PAID SUBSCRIBERS PICKS AND THE SAME PICKS ARE REPEATED ON THE NEXT DAY TO FREE VIEWERS.SO IF U WANNA BE MY SUBSCRIBER JUST PUT IN YOUR YAHOO ID'S IN THE COMMENTS SECTION I LL ADD U TO MY LIST

I m keeping on saying start buying good cement stocks like Guj Amb
See the strength it is showing.

LONG TERM PICK
KPIT CUMMINS[BUY BETWEEN 120-130]


Hey frnds
Today i am proving you an excellent investment idea which is KPIT CUMMINS.
It is among the midcap-IT space which was beaten badly.Now it is available at very cheap valuations.
KPIT Cummins Infosystems was established in 2002 following the merger of KPIT Infosystems with Cummins Infotech Limited, a subsidiary of Cummins Inc., USA. It has development centers in India, with global subsidiaries in USA, UK, Asia Pacific and the Middle East. The company is engaged in providing Advanced Technology Solutions, Business IT & Intelligence and Outsourcing services in the verticals of manufacturing and diversified financial services. It has strategic partnerships with Cummins, Lehman Brothers, SAP, Oracle, Microsoft and SH Mobile.
The company`s expertise in product development and embedded systems helps provide turnkey solutions from pre-product design to implementation and maintenance to industries like automotive electronics, industrial automation and semiconductor solutions. The business IT division provides integrated enterprise solutions on the Oracle Apps and SAP platforms, apart from consultancy in SCM, product lifecycle management and architecture consulting. This division is also engaged in ERP audits, risk management and compliance consultancy services.
KPIT is constanly growing at an average rate of 25%.On year on basis Net profit was seen at 27cr and 13cr on quarterly basis.It achieved sales of 262 cr as compared to 194 cr in 2005.

KPIT is currently trading at Rs 134 which is 22x its current earnings and 15x at FY07 earnings est.With the IT boom continuing i dont feel these co's would be much affected by the MAT applicable.I recommend a BUY in this stock on dips in the range of 120-130 with a minimum price target of 200+ within a year.