Cochin Minerals and Rutile - Sellers in exile - initiating coverage

Cochin Minerals and Rutile.(CMP/LTP 148)

Sellers in exile. Initiating coverage.

 Actually I used to hold this stock 2 years ago but exited after weak results.Recently, it again caught my attention after last quarter stupendous results ( Q2 Sep`11). posted in Oct`11 end. And then could not get chance to enter as it rallied from +50% from 80 to 120.

Latest quarter results ( Q3 Dec 2011 FY 2012). YoY Net Revenues up +92%,EBITDA Margin at 41% vs 12%,PAT up +850%.

In past 6 months, its already up 2.4x ( 136%), so should one buy now ? I think Yes. In fact , has good potential to double from even here to 300 in a year`s time. Rationale below.

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IFB Agro - my top investment pick vs Apple

IFB Agro. (CMP/LTP 175.) has been been top pick since buy reco. given in ~29 July 2011 when it was ~100.
It still remains on the top of my investment buys with at least ~2x potential.
Will make a detailed post later.
Meanwhile thought of comparing shareholder returns since 2002 to YTD -IFB Agro vs Apple.

See below for the results.

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Umang Dairies - reaffirm among my top 10 investment buys

GOT MILK ? 

Umang Dairies ( cmp 32.2 +10% upper Circuit) posts great results again.

YoY Revenues up 1.2x, EBITDA up 8x, PAT up 25x 

Stock seems all set to retest recent lifetime highs of 43 made in 3 Nov 2011 and seems to be a good 2x multibagger potential from these levels. Details below

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India NIFTY - resumption of bull market or another bear market rally ?

Global Macro check.

India NIFTY @ 5048. or +11%  rally from recent low of ~4500 made on 20 Dec 2011.
Even beaten down India stocks have ralled +30%-+50% in past 3 weeks.
Other countries such as Brazil, DAX,Hang Seng,even Italy have rallied +20% to +28% from ~3 month lows ?
So does all this indicate an early uptrend or another bear market rally ? I would go with the latter. Details below

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Indag Rubber - reaffirm among my Top 10 investment buys

Indag rubber .Cmp 160. Lifetime high 167. Posts great results again. 

Revenues up +55% YoY. EBITDA up +74% YoY. Net PAT up +84%.

Slowdown ? What slowdown ? 

Bear market ? What bear market ? Just 4% below lifetime all time highs.

1 Year Performance +70% vs Sensex -15%

YTD performance +16% vs Sensex +6%. A 2x multibagger potential in my view.Details below

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Intra day trading S&P 500 & NIFTY charts - using just 1 technical Indicator EMA

Two intraday charts. Examining a minimalist  / simple  / just 1 technical indicator for intra day trading.
Today on 3 Nov 2011 S&P 500 / SPY, using the 60 minutes EMA gave just one buy signal on 10:14 Hours at 1239 and for the rest of the day SPY didnt close below the 60 min EMA.I.e no Sell signal given. Market closed at 1261 +23  (+1.88% ).
Just following the buy signal and held till closing would have captured a +1.77% rally or +22 points.Intraday chart below. ( Click for Zoom )

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NIFTY / Sensex could rally +20% to 5600 / 19000 from recent low

NIFTY  / Sensex could rally +20% to 5600 / 19000  - i.e very good change of crossing above the bull market territory of 200 DMA.

NIFTY cmp = 5190. Sensex cmp = 17,026 ( cmp = current market price) as on 26 Oct 2011 close.
NIFTY 200 DMA = 5430. Sensex 200 DMA = 18,100

Last minute EU discussions and high level details in the 0400 AM press release leading to the relief rally.

It seems this relief rally might last longer more than bears expect. Here is the rationale

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