Want to share a recommendation......ppl who find it profitable may do the investments on their own risks. CB/Kartik may advice :)
Aban Offshore - FV 2 - CMP 1163 - Life time High 5555 - 52 weeks High 1679 - 52 weeks' low 224. For the kind of operations of this company, its equity of 7.56 cr is very low, and makes it an excellent investment on SIP basis. Though market feared very big negative impact on this stock due to global recession, and the stock was hammered down to 224 in early 2009, the recession did not affect the actual performance of the company. It has only suffered due to heavy borrowings, which are likely to be brought down substantially in the weeks to come. The stock is all set to go beyong its current 52 weeks high of 1679 once its Singapore subsidiary gets listed.

BUY this share as a New Year Gift to your family. Buy 10 (or multiples) shares at CMP, and go on adding 2 shares (or multiples) every 10 days so long as it quotes below your BUY price.

Hi Smart_kash,
How about the brokerage charges of Angel ??

Hi shiva, You may start with as low as 10500 intially of which some 350 Rs will be their yearly maintainace charge and I can do trading of the remailing amt. They charge just Rs. 50 per lot in Nifty if you do intraday and Rs. 100 if you have a positional trade..where as ICICI is charging almost double of this.... i would strongly recommand Angel

Hi Shantanu, thanks

Hi Sanjay, here's the latest announcement on it "Members of the Exchange are hereby informed that the trading in equity shares of Brabourne Enterprises Limited shall be suspended w.e.f. February 03, 2010 (i.e. closing hours of trading on February 02, 2010) on account of Scheme of Arrangement between the Company, CHI Investments Limited, Octav Investments Limited and Summit Securities Limited with RPG Itochu Finance Limited.", no news on its re-listing date yet

Hi subraya joisa k, it faces strong support at 58

Hi Nitin, dont enter it yet, it might see some profit booking tomorrow

Hi test, hold your calls with a SL at 4720 on Nifty, Global markets are likely to see some recovery, exit SREI Infra around 70 levels, dont re-enter Bharti yet, wait for some time

Hi Neman, they can add 4-5% in a weeks time

Hi ANWAR ALAM, Ahmednagar Forgings Ltd is a strong bet for short term, hold it for a couple of days, it can do well

Hi saravan, its a average company fundamentally, dont enter it yet, wait for some time

Hi neelimakumar, thanks for the detailed explanation on Aban, yes, its a strong bet for Long term and shall fetch good returns

GOODNIGHT CB/KARTHIK AND FRIENDS

Kartik - I am holding Nagarjuan Fert 37.50 CAll @ 1.10 ... currently quoting 0.50.. any chances if it recvering my buy price..? what should be my exit rate.. pls advise..thanks

Hi Kartik, DOES MARKET SENTIMENT LOOK WEAK INSPITE OF FLAT SESSION ?
AND WATS UR VIEW FOR TATASTEEL B4 FRIDAY?
560 POSSIBLE?

Hi CB,
Can i enter Vijaya Bank @CMP
Having YES Bank @280s
Pl advice.

Regards
Ramesh