An undervalued stock - BUY AMD Industries Ltd

AMD Industries Ltd is engaged in the manufacturing of packing articles which is being used in soft drink, Beverages, Water, Beer, Liquor and Pharmaceuticals industries; this is the only company in India with a complete one stop shop solution for the entire carbonated soft drink.

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http://www.investorinfo.in/Stocks/post/2010/08/20/An-undervalued-stock-BUY-AMD-Industries-Ltd.aspx

Market Out look 05-Jan-2010

Nifty holding above 5200 levels indicates a strong rally ahead with small correction to the extent of 5170 levels and if holds these level then the rally to continue further in the coming days.

Ahead of the Q3 result and before the budget nifty can test 5500 thereafter based on the outcome of the budget market to take mew direction.

For the year 2010 nifty to trade in the range 4400-6100 levels.

For today nifty to trade in the range 5210-5310 levels and technically nifty to take support at 5230/5210/5180 and resistance at 5270/5300/5320.

One has to be cautious at higher levels in the large cap stocks and selected mid cap to perform well especially stocks in the power space, Agro chem. Space, cement space and consumer durables and mid cap IT space.

Power stocks and Agro chem stocks can be bought with a short-term view and o the other hand cement stocks, Consumer durables stocks and IT stocks can be bought with a long-term view.

IN POWER SPACE FOLLOWING STCOKS CAN BE BOUGHT.

NTPC, ADANI POWER, NHPC, JPHYDRO

IN AGRO CHEM THE FOLLOWING STOCKS CAN BE BOUGHT.

INSECTICIDE, BAYER CORP., SABERO

IN THE CEMENT SPACE THE FOLLOWING STOCKS CAN BE BOUGHT.

PRISM, INDIA CEMENT, MADRAS CEMENT

IN THE MID CAP IT THE FOLLOWING STOCKS CAN BE BOUGHT.

FSL, 3IINFO, SUBEX, NIIT TECH

All the stocks recommended can be bought on dips from the current levels.

Have a nice trading year.

Market OutLook 22-DEC-2009

On strong global cues market to open slightly higher side with positive bias during the morning session and thereafter to be volatile and may close on positive note for the day.

Yesterday nifty bounced back from the lower level, we could see a pull back for the next two-three sessions however at higher levels selling is expected to emerge and advice investors to be cautious because market can move up before reacting sharply

In short-term Nifty to trade in the range 4800-5100 in the coming trading sessions with high volatility.

Today nifty to trade in the range 4920-5020, either side break to give a new direction to the market.

Technically nifty can take support at 4920/4900/4850/ and resistance at 4980/5000 /5020 for the day.

Trade with cautious without any overnight positions.

THE FOLLOWING STOCKS CAN BE BOUGHT FOR SHORT-TERM GAINS

BUY PRAJ >98 SL 96 TGT 104
BUY DAAWAT (LT FOODS) >70 SL 68 TGT 76
BUY 3IINFO > 84 SL 81 TGT 90

Have a nice trading day.