Money Tree

The week was full of volatility. Our markets made wild swings both sides and are still to take a direction. In these kind of markets it becomes very difficult to make money, you need to take immediate calls and book profits at very short intervals. Stop losses are trigerred very soon, trend reversals are witnessed more frequently, making it very difficult for the investors to take decisive call. We made some recommendations during last ten days and we are summarising hereunder how these have fared.

We recommended Tata Motors on 8th March at 740 and it touched Rs. 775 level during the week.

We recommended Sobha Developers on 8th March at Rs. 630 and it touched Rs. 825 during the week and closed at Rs. 774.25 on friday.

We recommended Bata India between Rs. 225 and 230 on 8th March and it touched Rs. 148 during the week.

We recommended IPCL below Rs. 240 on announcement of IPCL - RIL merger for a target of Rs. 280 to 300 and it almost touched our target during the week at Rs. 279.

We recommended Nandan Exim at Rs. 3 on 8th March and it touched Rs. 3.45 during the week.

We recommended Bajaj Hindustan, Balrampur chini and Uttam sugar at Rs 170, 60 and 99 respectively on 12th March and they reached Rs. 182, 64 and 108 respectively during the week after our recommendation.

We recommended Helios and Mathesons at Rs. 120 and it touched Rs. 134 during the week.

We recommended Parsvnath Developers at Rs. 245 on 13th March and it touched Rs. 300 during the week.

We recommended Lanco infratech at Rs. 175 on 13th March and it touched Rs. 198 during the week.

We recommended Mahindra Gesco at Rs. 590 on 13th March and it touched Rs. 700 during the week.

We recommended Mindtree Consulting below Rs. 800 on 13th March and on the same day when it reached Rs. 900 we recommended to book profits. It crossed Rs. 1000 levels also momentarily during the week and again fell below Rs. 900 which proved to be a reasonably good exit point.

We recommended Evinix Accessories at Rs. 91 on 13th March and it touched Rs. 120 during the week.

We recommended Tanla Solutions at Rs. 282 on 13th March and it touched Rs. 299 during the week.

We recommended Power Finance Corporation at Rs. 103 on 13th March and it touched Rs. 107 during the week.

We recommended First Source Solutions at Rs. 70 on 13th March and it touched Rs. 82 during the week.