Investment in BSEL Infrastructure can double your money

As can be seen from the chart BSEL Infrastructure deflated from 55 to below 10, investors who bought in at 55 suffered a loss of above 80% if they exited the stock at below 10 Rs. The misery of the investors who bought in at the all time high of above 118 and are still holding it could not be expressed in words. Anyways after hitting a level of below 10 Rs, the return on investment given by the stock to first time investors who bought in March 2009 beat the return on investment which the index gave. Loss from 55 to below 10 stands at above 40 and when the stock traded at 28 in June 2009 it covered 50% of this loss. The Stock again traded in the red and almost gave away its 50% value to trade at 15 in July 2009. The stock has traded between the levels of 15 to 23 from that point onwards.

You can notice from the chart that the stock which saw a accelerated deflation of prices from 22 to 17 and 19 to 15 is slowly losing it momentum. While deflation in prices from 22 to 17, 19 to 16 took place in matter of days, A move from 17 to 15 , consumed much more time then the first three downmoves, the stock seems to taking support at 15 Rs levels and might hit 19 which would be our target 1, 23 our next target 2 in a matter of days. Since the June 2009 top of 28 has not been tested that levels could be our last target.

DLF target 340, 392 stoploss 298

The accelerated speed with which DLF lost value for its investors in January has began to diminish in February. Selling by investors seems to have lost momentum and value buying seems to be emerging. Buy DLF with stoploss 298, first target 340 and next target 392. At 340 return on investment stands at 9% while at 392 return on investment is above 25%

European markets headed for small correction

European Markets have given handsome gains to the investors on the hope that fiscal deficit problems in the Greece would be sorted out by the European Union members. The British Index FTSE has been leading from the forfront and gave more than 10% returns on investment to the investors who bought in the February 2010 lows of just above 5000. The bulls have enjoyed there time and now it might be the time of the bears to enjoy a little bit or there might be atussle between the bulls and the bears while the index consolidates. Looking at the charts, the opinion is that 5650 might be the resistance for FTSE in the coming 8 -10 days and it might trade towards 5450 in the coming 8-10 days.

A bet that FTSE will not touch 5660 in the coming 7 days would return 2 Dollars for 1.19 Dollars invested as of my writing, on the other hand a bet that FTSE will trade through 5500 in the coming 7 days would return 2 Dollars for every 1.06 Dollars invested. You can visit betonmarkets to open an Account.

Investment in RNRL - short term 15% gains possible

RNRL buy at current levels, stoploss 62, initial target 70, next target 77

The stock tested the levels of just above 60 in November, traded sideways for the next 3 months with the investors undecided about the future of the stock. Global financial turmoil due to happening in Greece led to lowered risk appetite towards risky investments. As the Sensex tested its 200 DMA, the stock too broke from 75 and tested the November lows. The stock could be bought at current levels with a stoploss of 62, first target would be February high which means the investors could bid the stock at levels close to 70 and if the investors still hold onto the stock the price could further enhance upto the levels of 77 which is the current year high, the rate above which the investors did not bid the stock this year uptil now.

The target of 70 could be achieved within next 5 days, return on investment turns out to be above 6%. Next target of 77 could be achieved by mid April, return on investment above 15%.

ICICI Bank in uptrend could target 975

ICICI Bank has breakout above 850 after trading for last 1 month between the range 800 to 850. So 850 now stands as a support which might not be broken for the next atleast 10 working days unless and until some very bad news strikes on the global front. There might be some consolidated trading between 885 and 915 for some 3-5 days and then we might see the investors demand for the stock pulling the price of the stock towards 975 within the next 15 working days. A trade in the region of 885 to 890 could be used to invest in the stock with a short term view of 20 days. If the stock trades at 975, a 10% profit on investment could be booked.