Stock predictions by an amateur
BSE Sensex has already touched 12K and causing a lot of worry for small investors like me. Neither I am an expert of share markets nor I am a self proclaimed stock guru but in this note I am about to make some predictions for some stocks. No one including me is sure about how true these predictions will turn out but I want to give it a try. As the markets are already cruising at all time highs and most of the market persons are enjoying the party, I don't want to predict anything negative or in other words I want to predict the future of some stocks that I believe will provide handsome returns to the investors in six months time frame. I will definitely do appraisal/reality check of my predictions on October 23rd 2006, which is exactly 6 months far from today and will check how good I was at this. I am not trying to influence any reader to buy these stocks but will definitely appreciate their views and interest in these predictions. My predictions are neither based on ‘technicals’ nor ‘fundamentals’ but are also not based on just gut feeling or intuition. I will now straight away put forward the list of stocks that I feel will provide handsome returns in medium term. To be more quantitative I am predicting that these ten stocks will provide a return of more than 20% before October 23rd 2006. Here comes the list of these sweet stocks:
1.NTPC
Current Market Price: Rs. 136.10

2.Welspun India Ltd.
Current Market Price: Rs. 117.15

3. Gujrat State Petronet Ltd.
Current Market Price: Rs. 36.25

4. Bank of Baroda
Current Market Price: Rs. 229.20

5. Petronet LNG Ltd.
Current Market Price: Rs. 53.65

6. Reliance Natural Resources Ltd.
Current Market Price: Rs. 28.95

7. Arvind Mills Ltd.
Current Market Price: Rs. 101.50

8. D-Link India Ltd.
Current Market Price: Rs. 118.00

9. Indo Tech Transformers Ltd.
Current Market Price: Rs. 204.00

10. Gitanjali Gems Ltd.
Current Market Price: Rs. 175.00

I am hoping for the best.
1.NTPC
Current Market Price: Rs. 136.10

2.Welspun India Ltd.
Current Market Price: Rs. 117.15

3. Gujrat State Petronet Ltd.
Current Market Price: Rs. 36.25

4. Bank of Baroda
Current Market Price: Rs. 229.20

5. Petronet LNG Ltd.
Current Market Price: Rs. 53.65

6. Reliance Natural Resources Ltd.
Current Market Price: Rs. 28.95

7. Arvind Mills Ltd.
Current Market Price: Rs. 101.50

8. D-Link India Ltd.
Current Market Price: Rs. 118.00

9. Indo Tech Transformers Ltd.
Current Market Price: Rs. 204.00

10. Gitanjali Gems Ltd.
Current Market Price: Rs. 175.00

I am hoping for the best.
1 Comments:
My suggestion: Stay away from bank and petro shares for a while. Simple reason: Crude oil at $75 a barrel and interest rates...And don't miss on Cement shares...
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