Stock Ideas

[Jagbir Singh]

Thanks Mr. Vijay and Mr. Idea for your valuable comments on my portfolio it will really helpful to me in future. Kindly let me know your views about IFCI and SPEL Semiconductors. What is their future prospect.

Jagbir

[vijaythanvi]

It is very good to hear from you that from this board you got something which will benefit, I hope will continue and also we hope from your end your experience and your advice etc.

I can throw some of the light on IFCI, might be you aware all the general things.

If we monitor this stock this stock is topping traded volume at BSE since last three week, it means lot of big institue and investor have lot of interest in this stock, since market is in negative zone, so it is not heading upwards.

Before one month this share wast around 10-12 band and it has gone up after big deal happen when co. sold its stake big Institues (Deal happen through NSE) then this stock came in limelight and continiously making good progress.

So I think when big institue shows interest in stock then it is very good sign.

Since Market has fallen very heavily but IFCI still remains 22-27 band which is good, it has not came down below that means this stock is good for short term earning.

At current price (today) 24 (might be littile bit below) share looks good and I hope this will go up to 42-45 in near term.

Funamentaly also co is good not bad but still stock has to proove himself in the market in coming time, if it sustain his level 24-30, I think it will go up when small cap and Mid cap will start participate after certain level of Market.

But one thing if you bought this share on the level of 10-15, I think should book profit becuase if any negative happen in speculation then these type stock can come down very heavily (at present scenario it is not reflecting and hope so co. will do well)

I don't have idea about SPEL , let me have littile time to search on that.