Fwd: FW: Pick for 2014

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Prabhakar A.K

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Dec 26, 2013, 8:18:42 PM12/26/13

Best trading Lesson from market is not to get a best analysis or analyst or to get the best stock. Most important is to run profitable trade or investment which majority has always failed; it can take days, weeks, months or sometimes years like ITC & SUNPHARMA had last few years; justify the reason by writing down why one want to hold or sell and even after your exit if the stock is moving, find the reason and write it down you will become a better investor or trader. Majority today book profits early and hold on to loss making position and even worst average their losses and ending up in bigger mess.

Many investors are struck with stocks which eroded more than 90% from the peak and if they think back it is just mindless averaging. Before buying a stock write the reason why you brought the stock fundamental or technical and after 20% fall read the reason which led to the fall or erosion and what justify you to average again write it down. Making mistake is never a mistake but not learning from that becomes a bigger one.

Pick for 2014

Large Cap-MARUTI—INFY—KOTAKBANK—HINDALCO—WIPRO

DIVISLAB—WHIRLPOOL—TNPL—RECL--SWARAJENGINE

We hold our Top pick for Diwali---Given on 25^thOctober

L&T –ICICIBANK---TATASTEEL—RELIANCE—M&M

TVSMOT---RELIANCE CAP---LICHOUSING---CADILA-SIEMENS

Update- BALKRISHNAIND given on 12^th December around Rs.291 for target of Rs.323 & 354 has made high of Rs.339 and closed @ Rs.333 now fresh target of Rs.354 & 391 becomes possible.

UPDATE- CADILA Rs.716(Given on 7^th November) Stock has Gapped-up(Rs.690-691) and sustained the gap in last 3days which gives a good confirmation for a major upmove on cards stock looks very good to cross Rs.760 and target Rs.805 in next 1-2months. Stock has reached short term target while long term target Rs.1200 is still pending.

F&O addition – M&MFIN and APOLLOHOSP can see good action and already we have pending buy in M&MFIN for target of Rs.350 (18/November) target achieved 2days before but very difficult to exit so we still hold.