LIFE LEARNED LESSONS BY SEVAK

Buy MIC Electronics Co Name: MIC Electronics, CMP: Rs 23.85, Best Buy Levbvel: At CMP or Dip around Rs 21 Target Level: Rs 30(1-2 month), Rs 65 (6-12 months)

Stock: Vakrangee Software Reco: Buy CMP: Rs 36.7 Best Buy Level: at CMP or dip around Rs 32 Target: Rs 50-52 (1-2 months), Rs 80(6-12 months)

Dear All, Who -so-ever have interest in share market- current ongoing last few trading days were very confusing including today - but let me tell you, it was not like so. Following the ongoing election and the fund needed by different political parties and dismal performance by corporates (companies) in the last 2-3 quarters and also in coming 1-2 quarters, corporates were and are not in the position; as they were in the last election; but parties need fund. Now one of the ways that can assure them very good funds is share market. So what is happening in the market is, it is defying all the global cues for last 15 trading sessions and especially since the start of the election on Apr 18,09. Every day it is taking an almost u-turn in between start and close of the market. The market has turned as much volatile that no fundamental can be applied and behaving almost irrational and without any logic to support the volatility. The market is behaving like monthe expiry has approached. Its n...

PAIR STRATEGY Pair Strategy is taking a long short position within a sector on a market neutral basis based on the price ratio movement of the stocks. This strategy takes on advantage when there is dispersion in the current ratio of the two correlated stocks. The positions are squared off when the relative prices return to their averages mean. Long IOC and Short BPCL (CMP & M Cap taken on Apr02, 09): IOC (LONG) BPCL (SHORT) NSE Code IOC BPCL Spot Rs 405.15 Rs 372.90 Future Price Rs 405.85 Rs 375.85 M-Cap Rs cr 48309.05 Rs cr 13481.9 3Months High Rs 466.90 Rs 423.30 3 Months Low Rs 354 Rs 329.50

PAIR STRATEGY What Pair Strategy is all about? Pair Strategy is taking a long short position within a sector on a market neutral basis based on the price ratio movement of the stocks. This strategy takes on advantage when there is dispersion in the current ratio of the two correlated stocks. The positions are squared off when the relative prices return to their averages mean. The Strategy is purely based on quantitative analysis. 1. Long HLL and Short ITC (CMP & M Cap taken on Apr02, 09): HLL (LONG) ITC (SHORT) NSE Code HINDUNILVR ITC Spot Rs 231 Rs 185.3 Future Price Rs 232.75 Rs 186.85 M-Cap Rs cr 50355 Rs cr 69940 3Months High Rs 271.9 ...