Dear Readers,
Finally we have seen some positive development in GST bill and demerger of TCI XPS. We have also seen sharp rally in some of the stocks like TIIL, TCI, Chemfab Alkalis, Waterbase, POCL, Surana Solar and your patience start rewarding now.
We have received several comments from new readers that they want to enter at higher price in several stocks for long term and short term. It is very simple calculation, any fresh entry at 50 -100% higher price will reduce the final gain in same percentage. For example if someone has bought TCI around 250 -270 than he will get XPS almost free of cost but who is entering at 370 should not expect same return. Record date of TCI XPS demerger will be announced within next few weeks.
There are lot of speculation about GST bill and it is now very near to become reality. It is must for growth of Indian economy and it will be definitely rolled out sooner or later. We should not worry about GST for short term because we have selected specific stocks which are able to perform without GST rollout.
Monsoon distribution and rainfall across the country is going good and above the average in July. Agri sector stocks are expected to perform better in this year.
http://hydro.imd.gov.in/hydrometweb/(S(aixq0l45h5h0ljqhku3asdr1))/PdfPageImage.aspx?imgUrl=PRODUCTS\Rainfall_Graphs\Monsoon\Monsoon_BARGRAPH_CUMULATIVE_RAINFALL_COUNTRY_INDIA_c.JPG&landingpage=landing
In the series of Best Stock Picks next stock will be posted on or before 08.08.2016. There will not be any clue to guess the stock.
