...and you thought LOMG-TERM INVESTMENT was always right:

And You Thought LONG-TERM Investment Was Always Right

3 STRATEGIES- THAT INVESTORS MUST HAVE

THREE STRATEGIES THAT INVESTORS MUST HAVE:
The Most Rewarding Things Are Many Times The Most Simple Ideas! 

Below are the 3 Strategies:
1. Entering Strategy.
2. Exit Strategy.
3. ? Send us email what could be the 3rd one @ profit.megha@gmail.com. or calll/sms on 09377008708 and win rewards.

SENSEX NEAR 200 DAM,HIGHER BOTTOM AND FALLING WEDGE WILL TURN MARKET UP?

WILL FALLING WEDGE ON DAILY CHART HELP TO RECOVER MARKET WITH 200 DAM AD HIGHER BOTTOM SUPPORT?


WEATHER IT HAPPENS OR NOT BUT FUNDAMENTAL SUGGESTS THAT THE MARKET OFFERS GOOD VALUE BUYING OPPORTUNITIES.


YOU CAN JOIN OUR PMS SERVICES AT: www.pmasbasket.com

HELP OR INSTRUCTIONS TO USE THIS SITE

To know about our various services, please scroll down and check links for pages on the right hand side of the website home page.

To read posts with the dates of posting, please choose your key word from the 'select your keyword' section.

You may join free sms service on our 'smsgupshup.com' groups on the links provided on the right hand side of the home page.

You can download Adobe Reader to open pdf type files by clicking HERE. 

You can fill contact form/Inquiry form by clicking on image/link.

You can read disclaimers and testimonial by clicking on the images provided at the bottom of the home page.

To know in detail about us and our research team and milestones please click on the image provided on the right hand side on home page.

BE READY TO SEE ANOTHER EXPLOSIVE MOVE IN DOLLAR INDEX

 

LAST CLOSE @ 80.36 NOW WHAT TO EXPECT FROM THIS LEVEL?

JUST SEE THE WEEKLY CHART ABOVE WITH KELTNER CHANNEL WHICH IS GIVING BULLISH SIGNAL WITH HELP OF RSI(63) AND MACD BOTH ARE POSITIVE

OUR TARGET IS 81.25/82.96/85

IF DOLLAR APPRECIATE THEN FREE FALL IN GOLD WILL BE SEEN

Please Click on the below Link WHAT WE SAID WHEN the dollar index WAS AT 75.77:

http://www.meghainvestments.com/2009/12/us-dollar-read-to-fire-target-81-cmp.html

WEEKLY REPORT FOR TRADERS AND INVESTORS

FUNDAMENTAL STOCK PICK

ESS DEE ALUMINIUM

CMP 368 TARGETS 600

Ess Dee Aluminium  has recently acquired 90% stake in India Foils Limited  from Madras Aluminium Ltd  a Vedanta Group Company. It infused Rs 1.2 bn into IFL and would merger it during the current fiscal. It has plans to revive IFL, currently under BIFR through a Rehabilitation Scheme. co along with MALCO have infused Rs 2.61 bn in IFL in the form of equity and preference shares to repay all outstanding debt IFL has with various lenders, thus making it totally debt free. IFL is a frontrunner for the distinction of being one of the earliest manufacturers of aluminium foil in Asia.

When fully integrated, the IFL-EDAL combine will have a capacity of 36,000 tonnes, twice the level of ESS DEE”s present capacity, making it the largest pharmaceutical foil manufacturing company.

ESS DEE would also get access to IFL's existing clients and higher international presence (IFL exports to over 35 countries globally). With the help of new capacities under its belt, the company can look at launching a basket of new products to meet the growing demand for packaging.

Strong growth witnessed in Indian pharma, FMCG, food and retail sectors have led to robust demand for packaging. On account of better quality of aluminium packaging as compared to the traditional materials, companies are switching to aluminium packaging. This has benefited ESS DEE which is a leading player in this segment.

As per estimates, the global pharmaceutical packaging demand will increase at 6% annually to over US$ 34 bn in 2011.

As per Mckinsey, Indian pharma is set to grow from US$ 7.6 bn in 2007 to US$ 20 bn by 2015 (CAGR of 12%), thus resulting in a huge demand for packaging. Further, the shift of US pharma packaging from glass and plastic containers to unitised packs by 2012 would also lead to huge demand

 in order to de risk its dependence from the pharma sector, which currently accounts for 85% of the revenues, has entered into FMCG packaging in the last couple of years. The company aims to change the ratio to 50:50 going forward. It has already made a mark in the field of speciality laminates for chewing gum wrap, confectionary, frozen desserts and FMCG items like ‘Fevikwick’ for Pidilite. As per crisil fmcg Valued at Rs 855 bn in 2008,   is expected to touch Rs 1,400 bn by 2015

 looking at the Indian along with global pharma(particular USA) and fmcg growth in India stock is trading at cheap valuation and one can take in their portfolio.

MUTUAL FUND PICK

BIRLA SUNLIFE MONTHLY INCOME PLAN-BUY

This fund has delivered good return by managing good balance of high grade bonds and government securities and equity portfolio.

WEEKLY MARKET OUTLOOK

SUPPORT AT 4600/4500/4450

RESISTANCE AT 4770/4970/5050

Trend reversal or correction a million dollar question

11% correction so far from 5300 to 4700

Let’s paint the scenario to give answer of above question a trend reversal or correction by two way (1) technical analysis arguments (2) fundamental analysis arguments.

(1)  TECHNICAL ANALYSIS ARGUMENTS

All over global stock market and commodities are correcting with only appreciating is dollar index.

Still we (India) are trading above the 200 DMA and last higher bottom which are good.

As long as our  market are trading above 200 DMA and last higher bottom which are placed at 15300 and 4500 levels it is bullish and if Indian market along with global market stop correcting and start recovering then Indian market will definitely outperform the global stock market because our market charts have not much damage compare to others.

Strong support at 15300 and 4500 levels to watch out.

If global markets continue to correct then our market may breach support levels for temporary.

At this juncture we suggest two sectors and two stocks which can give you good return as per time series technical analysis.

Last years top performer was auto and banking sector

Last years top underperformer was telecom and fmcg

As per time series the rule is avoid last years top performer and buy last years top losers.

So we will avoid auto and banking shares and will add two stocks from telecom and fmcg.

Our two picks are

Bharti airtel from telecom sector.

Hindustan unilever from fmcg sector.

(2)  FUNDAMENTAL ANALYSIS ARGUMENTS

In India we have good corporate earning along with good GDP numbers unlike most countries last year.

India has political stability and growth visibility, this thing likely to continue to be one of the favored markets.

 Indian economy is domestic consumption story rather then export oriented so we will have our own growth story on the long run.

We believe that gold price are at higher levels and may not substation at this levels for now as dollar index has start recovering and will continue to recovery till 81 which will bring more correction in gold market .

We believe that falling gold price is good news for emerging market like India and china.

Hedge fund money will find another asset class(emerging markets) to park their money to earn good return.

If we remember in 2008 hedge fund have taken crude oil to $ 147 and then it fell to $32 and this money enter in to gold-due to sub-prime crisis and falling dollar index against major currencies.

Always remember money moves from one asset class to another asset class.

Dollar index to strengthen further and gold price will correct further and this will force hedge fund managers to exit from gold and find new asset class(emerging markets) to invest their money.

At this levels India and china offers good domestic consumption story with young generation will attract hedge fund money.

In short run market may move according to technical levels but in the long run it move along with economy and corporate earning.

Investments guru of world BENJAMIN GRAHAM says in short run stock market is voting machine and in the long run it is weighing machine.

We believe that there are ample opportunities available which can yield higher returns.

These have to un covered through research and meticulous stock selection.

In such scenario active portfolio management is likely to outperform passive strategies.

In India we will have good growth under insurance sector (particular ULIP) which will pump long term money in to Indian market.

Along with insurance sector online mutual fund will also help to tap the rural and urban money vary fast in long run.

Biggest Mistake Done By Common Investor Is

They Dont Buy When Stock Market Come Down At Value Buying Levels. 

We suggest investor our MID CAP PMS 1 AND 2 SERIES who has investment horizon of 1-2 years.

We suggest investor our 4ACE PMS who has investment horizon of 5 years or more.

CONCLUSION

So over all both on technical and fundamental arguments we believe this is not trend reversal and just a correction and trader and investor should find out value buying in market.

KEY NEWS TO WATCH OUT

8^th February Centre of Statistical Organization (CSO) will release advance estimates of GDP growth for 2009-10.

11^th February wholesale price indices (inflation) for month of January 2010

12^th February government will announce the industrial output data for the month of December 2009.

HEDGE FUND WILL MOVE FROM GOLD TO EMERGING MARKET(INDIA)

           If Free fall continues in gold prices then this could prove to be a positive for emerging markets like India. The HEDGE FUNDS will divert their gold position into emerging markets. ALWAYS REMEMBER MONEY MOVES FROM ONE ASSET CLASS TO ANOTHER ASSET CLASS. And this could be emerging markets after gold scenario.

GREED,FEAR AND WARREN BUFFETT

 

ALWAYS REMEMBERS WHAT INVESTMENT GURU WARREN BUFFETT SAYS

Be Fearful When Others Are Greedy And Be Greedy When Others Are Fearful

Biggest Mistake Done By Common Investor Is
They Dont Buy When Stock Market Come Down At Value Buying Levels. 

JOIN OUR MID CAP PMS SERVICE TODAY

CALL US 09376858284

GOLD CRASHED TO OUR TARGET 16000

BEFORE FEW DAYS AGO WE HAVE UPDATE CHART ON WEB WITH TARGET OF 16000 JUST WATCH YESTERDAY NIGHT IT WAS ON FREE FALL

TO READ OUR OLD ANALYSIS JUST CLICK ON THIS LINK

http://www.meghainvestments.com/search?updated-max=2010-01-28T21%3A19%3A00-08%3A00&max-results=5

Pantaloon Retail India Ltd.----crosses target

MARKETS MAY GO UP AND MARKETS MAY GO DOWN....BUT THE INVESTOR SHOULD REMAIN CHEERFUL FOREVER!...

http://www.meghainvestments.com/2009/09/targetpms-1-three-stocks-disclosed.html


Please click on the above link where you will find how our PMS stocks are making headways even in the adverse market conditions. 
Our TargetPMS1 members bought at Rs.144 then we had recommended to all in September at price of 335 and TGT of Rs.405. By now it has made a high of 455 and Steady above our then given target of Rs.405.
By the way Final TGT is Rs.700. You can still buy this stock for this target.


Purchase our Best-Ready-to-Invest Portfolios.
MIDCAP PMS1 is open for subscription to Win the markets in year 2010.
For 1 Free stock of MIDCAP PMS1 Please click the below link:
http://www.meghainvestments.com/2010/02/midcap-pms-1-kalindi-rail-nirman.html

MIDCAP PMS-1----->Kalindi Rail Nirman Engineers Ltd.----Remaining Ahead of marketmen in 2010

Kalindi Rail Nirman Engineers Ltd. is a stock out of the 8 stocks of our MIDCAP PMS1 Portfolio.

Recommendation rate was Rs.144.

Price as on Today Rs.213.

The stock has made high of Rs.239.

Percentage return in 4 months 86.84%.

Next upside target is Rs.370.

WEEKLY MARKET REPORT FOR TRADERS AND INVESTORS

FUNDAMENTAL STOCK PICK:

NOVARTIS INDIA LTD.

cmp is Rs.525,

Target is Rs.735

Rational:

Novartis has a countrywide presence in the healthcare business with pharmaceuticals contributing 70% to total revenues, generics (8%), consumer healthcare i.e. OTC (14%) and animal health (8%) make up for the rest.

 Novartis has identified therapeutic segments of Cardiovascular, oncology, Central Nervous System and gynecology as the key growth drivers for the future.

Novartis has some strong brands in its portfolio, which have been contributing to the topline growth over the years. In the pharmaceuticals division, the products ‘Voveran’ (pain & inflammation), ‘Methergin’ (gynaecology) and ‘Neoral’ (transplantation) continue to dominate the market in their respective therapeutic areas.

Novartis has a strong presence in the OTC (over the counter) segment owing to its very popular brand ‘Calcium Sandoz’.

The Company has no debt in its book which we always like.

The company has strong track of constant dividend payment.

The company enjoys higher profit margins and higher return on net worth and return on capital employed.

Apart from strong business let’s do some mathematical computation to value the company’s share price:

Book value 188 + cash per share 140+revenue per share 187=515 total value per share.

So you are paying just 10 rupee for the company having sales of Rs.640 crores and profits of Rs.100 crore. 

So we believe this is a value buying opportunities at current price of Rs.525.

One thing keep in mind please don’t do this kind of calculation at your end because there are lots of companies available in market trading at much low price compare to book value, cash per share or revenue per share without having scalable business and proper management.

Invest in those companies who has proven financial and business execution track record with high corporate governance. 

Remember bubble of Harsad Mehta was based on the same above valuation matrix and common people without approaching fulltime professional like us have lost their hard earn money.

Always buy on VALUATIONS an NOT ON THEMES...

Whether it is DOTCOM, POWER or recent DISINVESTMENT THEMES..

THEMES only make rich the brokers, stock market punters, Operators, Promoters, merchant bankers and fund managers NOT YOU...

Don't you have known what happened with hard earned money of people in Dotcom bubble, or say the Power craze in 2008...

 MUTUAL FUND PICK:

Sundaram BNP Select Midcap Fund:

Recommendation: Buy.

Ration:

This fund has delivered return in bull and bear market but this fund takes high risk

So this fund is for those who are ready to take high risk in mid cap fund.

WEEKLY MARKET OUTLOOK:

SUPPORT AT 4750/4600/4500

RESISTANCE 5000/5100/5172

Trend reversal or correction a million dollar question

Nifty correct 10% in just 17 days.

Let’s paint the scenario to give answer of above question a trend reversal or correction by two way (1) technical analysis arguments (2) fundamental analysis arguments.

(1)  TECHNICAL ANALYSIS ARGUMENTS

As per our last week’s argument as long as index trading above 200 DMA and above Dubai-debt crisis panick bottom which are placed at 15300 and 4500 for SENSEX and NIFTY respectively this 10% fall in 17 days is just a correction should not be counted into a complete trend reversal.

One question comes in everyones’ mind that which sector will lead the rally as 2009 rally was back by auto ,bank ,metals,pharma sector now we believe  its time to buy oil and gas sector for 2010 rally on sectorial based analysis.

We have given our Elliott wave view on oil and gas index before 2-3 week ago (Click here to Read)

As per WAVE COUNT it will start 5^th wave and will lead the next stock market rally.

Coming to broad based market traders keep stop loss of 15300 and 4500 for their long positions.

    (2)    FUNDAMENTAL ANALYSIS ARGUMENTS

Looking at the over all results announced so far we believe earning growth will be any where between 20 to 25% in the next 12 month.

Index are trading at 16 P/E multiple for estimated earning of fiscal 2010-2011 which is vary reasonable.

Current market situation could throw up some exciting opportunities in some high growth emerging sectors.

We believe the FII inflow will not be a big issue as world has more money and less opportunity.

While mid cap stocks have done well in the recent past, the valuations are still at discount to their larger peers. 

Keeping above view in mind we recommend investor to be disciplined investing with principle of asset allocation.

We recommend MID CAP PMS 1 AND MID CAP PMS 2 for those who have investments horizon of 1 to 2 years.

This STANDAR PMS PORTFOLIOS are All About Making The Most of the Bull Market.

CONCLUSION

So over all both on technical and fundamental arguments we believe this is not trend reversal and just a correction and trader and investor should find out value buying in market.

TECHNICAL STOCK PICKS:

Reliance Ind:

stops loss 1025 targets 1066/1082

Reliance capital:

stop loss 777 targets 831/850

GMDC:

stop loss 137 targets 153/161

Hexaware:

stop loss 75 targets 87/92

IOB:

stop loss 85 targets 97/102

KEY NEWS TO WATCH OUT

3^rd February to 5^th February: Follow-on public offer of NTPC.

FUNDAMENTAL PICK: Novartis India Ltd.

 NOVARTIS INDIA LTD.:
Current market price, 530.
Target Price, 735.
Book Value+Cash holding is Rs.328 per share.
Net market capitalisation is Rs.286 crore.
Last year consolidated sale is Rs.640 crore.
If we deduct last year's profit or Rs.100 crore from present market capitalisation then the stock is quoting at an attractive valuation, and will come under radar of value investor.

DISCLOSURES:
Our PMS Desk Analyst holds  shares. Also our PMS clients hold this shares.

Issued in the interest of investors and traders: ANONYMOUS dotcom tips advisory companies and SMS tips:With Ref to A RECENT PROGRAMM ON CNBC TV.

Avoid BUY/SELLING in stocks based on recommendations through promotional SMS. Focus on financial performance and corporate governance track record of the company.

             Many investors in equities receive text message on their mobile phones at regular intervals. Indeed short message service (SMS) is a very inexpensive and easy option to spread rumours and communicate recommendations to the target audience. Dispatching text messages over mobile phone cost as low as seven paisa to five paisa per message. Moreover, getting the database of investors is also not a very difficult. Another advantage of using text messages over mobile phone is the speed at which information, or rather mis-information, can be spread among the target population.


It is common for investors to receive SMS providing price-sensitive information or rather rumours. In most cases, the objective is to drive up stock prices and to hammer them down. Usually this is the work of small operators with limited clout in the equities market as they do not have the financial clout of big operators.  
Many business people use TEJI IN MARKETS to make such easy money by operation tips or advisory dotcom and sms service. When you go to their ABOUT US page in website they all have almost common texts. You don’t see any responsible persons’ name or name of owners or analysts. Most never give any type of charts or research report or original analysis. Why? Smiply Because they don’t have any analyst!


                 A RECENT PROGRAMM ON CNBC CHANNEL EXPOSED SUCH COMPANIES AND PEOPLE DOING SUCH UNETHICAL AND UNFAIR PRACTICE which has caused many people lose several thousands and even lacks of rupees, just in hope to earn more money out of trading.


                 The point is don’t go behind every dotcom company/website and sms service providing tips or trading recommendation WITHOUT INQUIRING REGARDING THE OWNERS OF THE DOTCOM SITE/COMPANY OR SMS SERVICE AND MORE IMPORTANTLY THE ANALYSTS THERE. ALSO CHECK THEIR BACKGROUND. (also read this article in this regard). Further it is our personal suggestion to take advise of only such people who also do fundamental analysis on regular basis and are not just providing only intraday trading tips, because with the advent of advanced soft wares, several online portals, broking companies’ inbuilt charting and trading software it is easy to issue trading calls and tell oneself an analyst. Many text messages are carefully drafted. Though these messages are spreading rumors, they generally attribute the news to “value-buy”, "sources", "rumors", "market talk”,” big-order win” take over buzz”.” bonus issue”, private placement”, and so on. Certain SMSs are typically market pitches that go to advertise particular scrip’s aggressively. 

WEEKLY MARKET REPORT FOR TRADERS AND INVESTORS

FUNDAMENTAL STOCK PICK:

MIC CLECTRONICS

CMP 48, TARGETS 125.

Co’s products are used in sports and live events, advesrtising application covering electronics bill boards and hoardings.

News advertisements ticker displays.

Indoor applications at shopping malls, airports, railways and bus stations.

Mobile applications.

Co’s products has big opportunities in rural electrification and railways as LED products are more efficient ,consumes lesser energy ,last longer ,more powerful and small size.

Global LED market is estimated to be US $ 8 billion by 2011 from US $4 billion.

As per management LED renting industry’s expected to grow to 100 crore by 2010 and live –entertainment industry is expected to touch 800 crore by 2010 in India.

This will help to company.

MIC is monopoly player in India in LED displays and lighting business.

Having monopoly Player Company enjoys operating profit margin of 21% which is healthy.

Over the last 5 year co has maintain debt-equity ration of 0.4 and interest coverage ration of 12 times which are very good.

Keeping above all in mind we expect stock to touch 125 in the next few years from current price of 48.

Which is 160% rise in stock price.

MUTUAL FUND PICK:

ICICI TAX GAIN

Recommendation: Avoid

Ratio: This fund has failed to deliver impressive return in this industry.

WEEKLY MARKET OUTLOOK:

SUPPORT AT 4925/4830

RESISTANCE AT 5115/5208

Trend reversal or correction? A million dollar question.

Nifty correct from 5300 to 4950 – whopping 6.6% down in the 13 days.

Let’s paint the scenario to give answer of above question a trend reversal or correction by two way (1) technical analysis arguments (2) fundamental analysis arguments.

(1)               TECHNICAL ANALYSIS ARGUMENTS

         If we look at the global market like hang sang and shanghai composites, both index have failed to make higher top and start correcting. In India both sensex and nifty made higher top –though both couldn not sustain at those higher levels but at least we have formed the new high on dow theory rules, so this is bit more positive for India when we compare to the heng sang and shanghai.

In market history when market creates new high it always corrects and retrace to 7-8% and there after rally starts.

In India we believe the Dubai-fall bottom is much important based on Dow theory, because this is the last higher bottom formed by both index which are 15300 for Sensex and 4500 for nse Nifty.

If we look at the moving average set-up of both index which are placed like first short-term average, second medium term average ,third long term average and both index are trading above all respective averages so bull market is their.

We try to find out support based on moving averages which are 15500 for Sensex and 4600 for Nifty which are 200 day DMA.

Now as per Dow Theory index need to walk in higher top –higher bottom formation and both sensex and nifty has make higher top above 17500 and 5300 now both index need to substation above higher bottom which are placed at 15300 and 4500 respectively.

As long as we are holding those levels we are in bull market based on Dow Theory and moving averages.

As of now traders and investor needs to find value buying and try to enter at this levels.

(2)               FUNDAMENTAL ANALYSIS ARGUMENTS.

           

       Nse nifty is trading at P/E multiple of 22.24 and historically when bubble has formed the P/E multiple has been rise to 28 so as of now we are not in any case in bubble zone.

If nifty falls to 4500 then P/E will also fall to 19.87 levels which will make market more attractive, if we analyze The aggregate results for 439 companies announced so far showed that net profit rose 41.4% to Rs 31011 crore on 20.2% rise in sales to Rs 249678 crore in Q3 December 2009 over Q3 December 2008.which show the good recovery in corporate India.

So down side will create value buying opportunities to enter in to market not exit from market.

One should focus on those companies whose sales and profit growth will rise and has limited leveraged balance-sheet and having good corporate governances.

CONCLUSION

So over all both on technical and fundamental arguments we believe this is not trend reversal and just a correction and trader and investor should find out value buying in market.

TECHNICAL STOCK PICKS:

PUNJ LYOD

 stop loss 176, target 196/210.

Ivrcl infra

stop loss 317, targets 352/368.

Guj nre

 stop loss 74 targets 82/86

Praj ind

 stop loss 90 targets 102/106

Hcc stop

 loss 131 targets 144/151

KEY NEWS TO WATH OUT:

26^th January-holiday in market.

29^th  January- RBI Quarterly monetary policy review.

A host of key results will be announced. Prominent amongst them are,

Maruti Suzuki India (on Saturday, 23 January 2010);

Mahindra & Mahindra, Hero Honda Motors, Hindalco Industries, Sterlite Industries, StateBank of India (on Monday, 25 January 2010);

Hindustan Unilever (on Tuesday, 26 January 2010);

Steel Authority of India, DLF (on Wednesday, 27 January 2010);

Tata Steel (on Thursday, 28 January 2010);

Tata Motors, and Sun Pharmaceutical Industries (on Friday, 29 January 2010).

FII SHIFTING TO OIL AND GAS STOCKS: also read our report dated 17/1/2010

Remain Ahead of FIIs 
     , Trade and Invest with MEGHA INVESTMENTS AND RESEARCH TEAM!


Here a link is given where you will find a prominent FII such as Morgan Stanley shifting to OIL and GAS stocks. Also read our "Weekly Report for Traders and Investors" dated 17th Jan where we showed analysis of BSE OIL AND GAS Index and gave analysis of some oil and gas stocks.


To read more click below links:
Click below link to read morgan Stanley.
http://www.moneycontrol.com/news/fii-view/why-is-jonathan-garner-shiftingtech-to-oil-stocks_436740.html


Click below link to read our previous report.
http://www.meghainvestments.com/2010/01/weekly-market-report-for-traders-and_17.html


If you bet on what FIIs are gonna bet before them...think how much can you win!
Join our various paid services today! DIAL-09376858284, 09377008708.

MARKET MEN'S VIEWS FOR MIDCAPS INVESTMENT IN 2010

Financial Express reporting FIIs heading for midcap, smallcap shares:http://www.financialexpress.com/news/FIIs-head-for-small---mid-cap-stocks/567856/


Please visit this link which will take you to a report of financial express regarding how FIIs are now becoming bully over the midcap space on indian bourses.


Reliance Mutual Fund:
Reliance Mutual Fund sees merit in investing in midcaps. Also says Domestic fund flows to be stronger in Feb-Mar 2010


Edelweiss Capital bullish on Midcaps:
Follow the below link giving views of Edelweiss Capital on moneycontrol.com for markets in the year 2010.
Excerpt: "... Therefore, the stocks will do well or stocks which are undervalued especially in the midcaps space or in the smallcaps space that will show movements."
http://www.moneycontrol.com/news/market-outlook/where-does-edelweiss-capital-see-mktsq110_435873.html


PN Vijay's expects midcaps will report good numbers:
Follow the link from moneycontrol.com where famous analyst and portfolio manager 
Excerpts: "...and PN Vijay said he expects especially the midcap companies to report good numbers ahead."


Udayan Mukharji: Managing Editor of CNBC TV 18 contended in his article in FORBES INDIA magazine issue dated 22nd January 2010 to "Look beyond Index heavyweights, and said 2010 could be the year of midcap stocks."


Angel Broking views:
Below is the link where you will find Rajen Shah, Chief Investment Officer, Angel Broking's views.
Also you will find views of KC Securities how they are bullish on midcaps.
http://www.moneycontrol.com/news/market-edge/expert-stocksector-picks-for-next-_434672.html


IDFC SSKI sees opportunities in midcaps:
"...The reason why this conference is topical at this point in time is because all of last year you have seen a largecaps outperforming midcaps by a significant margin in the early stage of the rally and last year was significantly driven by top-down and a macro theme of India and India’s growth. But now this year, it’s going to be more a stock pickers market and I think this conference (emerging star conference) is therefore very relevant."
"...People like hedge funds etc would have significantly pruned down their holdings in the midcaps and they are getting back up and increasing their holdings in those stocks."
"...So there are same investors, but they have renewed focus on adding the midcap portfolio. Investors, who have actually cut their exposure to midcaps very significantly last year and are building up those positions again."
"...Clearly, midcaps are very-very buoyant about their businesses, there is a same kind of feeling you got from largercap companies earlier in the year where you found that in mid September large companies had started to say that their businesses are turning around. ...midcap companies have already witnessed a turnaround, it's probably the first phase of their growth rate and good numbers, so they are pretty buoyant about their businesses."
"...they are more looking at picking stocks and now they find that the value in the midcap stock while the multiples are not too different is that it is significantly high growth."
http://www.moneycontrol.com/news/marketoutlook/see-opportunities-midcap-stocksidfc-sski_435475.html


Famous Trader ATUL SURI also bullish on midcaps:
Click below link to read his views, why he is bullish on midcaps now.
http://www.moneycontrol.com/news/market-outlook/atul-suri-says-bull-mkt-is-not-over-suggests-sectors_437369.html




 We have already launched MIDCAP PMS 1 portfolio with 8 great stocks in the midcap space in September2009. This is not for long-term investment but for gaining benefit of bull run with optimum diversification and upside return expectation of 100-200% with pre-given targets on the basis of fundamental and technical analysis. The investment shall be held for 1-2 years only.
For longer term investment such as 5yr and more, such investor can go for our Latest 4 ACE PMS Portfolio.
For details of midcappms1 please follow the link below:
http://www.meghainvestments.com/2009/09/midcappms-is-open-for-subscription-for.html