Orchid Chemicals to grow more

The company emerged as a mid-sized business domestic player, consistent with its predominant emphasis on an international presence. The company with its world wide presence and strong growth path is expected to perform well in the medium to long term. The stock at the current market price of Rs 312 is trading 12.28 times to its earnings and 3.33 times to its book value and is expected to generate handsome returns in the medium to long term. Therefore we can expect the stock will move for good target..

Parswanath Developers blessed with God's project

Parsvnath Developers which has bagged a contract for constructing Sai Ashram at Shirdi in Maharashtra. The counter has been in the thick of action ahead of the company’s announcement on Monday. Though the price has moved sharply, one can not really link the rally with the latest development. The market has probably been discounting the progress that the company has achieved in some of its projects. Besides the Shirdi contract an IT park in Gurgaon and pharma SEZ in Nanded. Parsvnath Developers was the one of the top gainers, ending 8.5% up at Rs 574.2 on Monday after touching a new peak of Rs 598 intra-day. Over the past one month, it has risen by 45%. This developments zooming a better performance expecting from Parswanath.

Pyramid Saimira can entertain by its growth plan

Investors should ‘buy’ the stock on declines as it could be a good long-term bet. The company, engaged in distribution and exhibition of films, plans to enter into movie making business with plans to make 40 movies in five languages by FY09. “Expectation is subsidiaries of PSTL, Pyramid Saimira Production and Singapore based Pyramid Saimira Entertainment to witness huge growth in coming quarters,”. The company’s capex plans also include development of 200 malls and 175 multiplex with around 2,000 screens by FY10. Recently, PSTL acquired Texas based FunAsia an existing theatre and radio network in Chicago and Houston.

Blue Star can rock by its earnings

The central air-conditioning systems major Blue Star will report handsome earnings growth over the next two years (CAGR of 78% between FY07 and FY09). The company being in a position to offer the best requirement for central as well as commercial refrigeration equipment enabling it to maintain a leading market position in this segment, remains one of the key reasons for its bullishness. The stock is a play on structural themes like IT/ITeS and retail. However, that appreciation in the rupee and slowdown in IT/ITeS services remain key concerns.

Trading plan: by cut your losses and profits could run

• Set up a strategy and identify exact menace and profit objectives before trading. Sustain the necessary discipline to follow that plan through both good and bad times. Successful traders will have the same opinion that discipline contributes more to their success than their trading philosophy itself.
  
• Gain knowledge from your trading mistakes. Never make a trading mistake without asking yourself why.
  
• Lack of experience in the market causes many traders to make the mistake of taking small profits and letting losses run. Fundamental trading intelligence states the exact opposite. When in a winning trade, be patient and fully take advantage of the success.
  
• There is no "sure thing", and there is no trading system that is 100% accurate. Your goal, as a trader, is to use the tools available and try to develop an edge. Base your trades on sound fundamental and technical reasoning, rather than on intuition and long shots. If you can develop an edge, however small, over time you will be successful.
  
• A trader must be able to admit they have made a mistake. Do not become emotionally or financially committed to a losing trade. Avoid the pitfall of becoming emotionally involved with any trade.
  
• As a trader, be cautious, and never let greed take control of a winning position.
  
• An investing edge is only part of the equation. A trader should diversify sufficiently so that the growth in equity can be consistent and the likelihood of a catastrophic loss can be diminished. The lower the percentage of a traders account dedicated to any one trade the greater the chance of the trader being successful. Even if the trader has a perceived investing edge, it is unwise to run the risk of ruin, and bet it all on one trade. The goal is not only to make money, but also to be able to continue to make money consistently for an extended period of time. A trader must learn the basic concepts and the importance of money management.
  
• A trading system does not have to be difficult, time consuming, complicated and stressful in order to be profitable. In trading systems, as in many other things in life, simple can be better.
  
• Be aware that declining volume usually indicates the market is not accepting higher or lower prices, and this could indicate a market turn.
  
• Do not make trading decision based solely on margin requirements, and always trade within your capabilities. Remain true to your trading plan and follow the trading style that works best for you.
  
• Do not trade markets that you don’t understand. Trade with confidence and assurance. Trade only with risk capital, and be aware of the risk of losing. Divide your capital into 6 equal parts and never risk more than one-tenth of your capital on any one trade.

• After a long period of success or a period of profitable trades, try to avoid the natural tendency toward increasing your trading activity. Conversely, use self-discipline when a trade goes against your position. Take your loss and wait for another opportunity. Never increase your trading after a loss.
  
• Avoid getting into the market because you are anxious from waiting and/or out of the market because you have lost your patience. Never over trade and adhere to your risk management rules.
  
• Do not make a trading decision to buy just because the price of the stock is low or sell just because the price is high. Never change your position in the market without a good reason that is based on a fundamental or technical rule indicating a change in trend.
  
• Trade the most active stocks and refrain from trading the slow moving markets. Trade "at the market" whenever possible and try to avoid a fixed buying and selling price.
  
• When the market is moving with your position and you are using a stop loss order, and then raise your stop loss so as to lock in your profit. Protect yourself against the possibility of turning a profit into a loss.
  
• The "trend is your friend," and never buy and sell if you are insecure of the trend according to your fundamentals and technical rules. If you are in doubt, then exit the market. Only trade when you feel confident with your trading strategies.18. Trade in five or six different stocks at a time, so as to avoid tying up all of your capital in any single stock.
  
• A trader should establish a "surplus account" after a series of successful or winning trades. The goal is to retain the "surplus account" for times of emergency or panic.
  
• It is difficult to try and guess where the top and bottom of the market is.

Nalco the good pick for portfolio

If one wants to have a metal stock in the portfolio, it should be Nalco. The stock has a target price of Rs 550 by short term, Nalco plans to invest Rs 11,000 crore in a greenfield project in Orissa. The company plans to set up a 1250 MW new captive power plant in Orissa and has received government assurance for 7 mt/year coal linkage. The news has pushed the stock up and it is good stock to pick for medium term.

Gulf Oil has to be look

GULF OIL The strong organic growth is expected across segments driven by increased prices and robust economic growth. The company is also planning to set up an IT and ITES park at its Bangalore land and a knowledge city at its Hyderabad land with an investment of about Rs 10 billion and Rs 8 billion respectively. “These projects when kicked off will unlock shareholders’ wealth significantly,” says the report. new product addition and venturing into new locations will provide a huge growth to its speciality chemical business unit. on this the stock looking promisive to give some best returns.