Saturday, June 26, 2010
JULY SERIES
Market continues to rise as expected. The rise should continue for at least a fortnight. Petrol price hike will not affect the rise in the short term. In fact, HPCL, BPCL and IOC should rise due to rerating. Long term investors should consider buying these shares as these companies will never make losses due to decontrol and therefore should command better valuations. Insecticides continues to rise to 220 and is expected to do better. Astral polytechnic is a good buy at 257. A pvc pipe manufacturer trading at a low PE and also had given a breakout on Thursday.
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Hey if you are invest in Private Market sector then here is a good time to invest in ADDX. ADDX is a finance company that provides you a Private Equity Fund and other alternative investments. Licensed by the Monetary Authority of Singapore. Private equity investments can offer much higher rates of return than investments in publicly listed stocks and other traditional asset classes.
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