50% Analysis + 50% Luck = STOCK MARKET

“
Investors must keep in mind that there’s a difference between a good company and a good stock. After all, you can buy a good car but pay too much for it .” -Richard Thaler. 

Hello friends...
I am super excited about stock market tomorrow....the obvious reason for my super duper excitement is that I have got 3 lots (195) shares of Power Grid FPO(Follow on Public Offer).
One of the reason to buy this FPO was the recent GRAND SHOW by Coal India IPO...I regret I missed that opportunity..seriously!!
One of my friend bought coal India IPO and made 40% clean profit on first day of this stock's listing!!!
I guess 50% luck part worked very well in case of coal India...

Hey.. but that doesn't mean that every IPO/FPO is going to follow the same trend... ;)

You CAN NOT be lucky every time Sir!


So of coarse I did my 50% analysis part and below are some major points to be considered before buying :

• Carries 51% of Generated Power Accross Country - 89170 MVA Transformation Capacity
• Telecom NLD with 20733 Km Optical Fibre Network & Internet Service Provider. with Asset of Rs. 47744 Crs as on Sept 30,2010
• Current Supply of electricity is far less than demand...so there is lot to happen in transmission/telecom hence strong and secure future for the company.
• Coal India subscribers who could not get the shares have to invest somewhere so where will that extra money flow now?..yes back to stock market in some form.

Well personally I purchased this FPO for intraday/short term with a target of Rs. 110-120 on monday.
I would recommend this stock for long term with a target of around Rs.200 (2-3 years).

Well friends lets see how  my luck is going to be on monday in between the heavily correcting market..!!

It will be fun to watch..!! :) :)


Keep blogging..keep posting...!!