Steam would build up if sensex continues to trade above 15k...

Personal Views.. Downside shudnt be less than 36 in med term.

Regards,
DnC...

chief,
Whole market is up by 3% so IDFC had to be. It was outperforming in the morning session but it recieved tremendous amnount of supply at 92 levels. I hope it opens around 93-94 tomm so that it can avoid this block. Above 95 this stock can touch 98-99.5 in a jiffy...

Regards,
DnC...

Thanks for the post Leave It,

However, I have never been in the boat of technicals specially when Market is in 13k's. We have been waiting for it. We have waiting for a right time to make our investments. Now if the time has come we are becoming more pessimistic. Stock can go anywhere in next 10-15 days. But in 6 months one would get a decent return of 20%. Target 108.8 (thts fair value.. but markets are irrational at times)

Regards,
DnC
...

Today's session? thts too early mate. Although I would love it if it does. But I think you should wait till next friday to see it reach at the levels you have mentioned. The only thing that would uplift banking stocks is the Inflation reading!!

Regards,
DnC...

Well but i desperately want it to reach 36 kinda levels.. Would like to add more :)

Regards,
DnC...

Dear pkjattking,
I believe that IDFC might remain lacklustre and an underperformer for a few days from now. However, if global cues support the scenario then you would notice a sharp bounce in IDFC because of short covering. The strength that it showed in upper 90\\`s (before 50 bps hike) gave clear indications that this stock desires higher levels. I think one can very safely buy IDFC below 90 from Cash Market for a decent returns of 20-25% in 6 months. Please do not opt F&O Market unless you have sufficient cash to put as margin so that you can still keep the stock even if it reaches 65 kind of level and thats with a BIG \\\\...

Dear 18vg,

I dont know why people follow herd mentality. If most people think thats its gonna fall it will fall more. SEnsex comes at 12k and people speak of 10k. if sensex reaches 10.9k people start speaking about 8k and what happens is that stock rockets from 10.9k and you wait till it reaches 12.5k in the hope that it will fall again. Search for value, whenever you find it efficient buy it. at estimated earnings of 980 for Sensex. 14.7k is a fair value for sensex at 15x. Normally sensex trades around 16-17 on an avg. so 16.5 shudnt be a problem. if sensex trades at 17x, which might be tha case by January, when inflation is around 7%. Historically 1/3rd of the periods have been the periods of stagflation and downturns in economies. If we saw a run in economy from 2002-2007 almost 3.5 years then 2008 can well be that year. 2009 may give you 10% returns and 2010 30% on index. So 18k by FY10 and 23.4k by FY11 are the minimum levels. And I certainly think IDFC being a major Midcap now would be a LArge Cap by then. One of the few institutions which has a credit rating of AAA. It might feel the pressure in FY10 but for now IDFC is well placed (Because of the efforts and disbursements in FY08) to attain an EPS of 6.4/share and being a growth stock it should be valued higher than Sense as a whole so attaining a P/E of 17 hen sensex is at15 shudnt be a problem. which gives a Target of 108.8 within 6 months.

Regards,
DnC...

Ya I got me couple of thousand @ 39.......kick da bulls they are sleeping....... lol...

Hey dash.... that was a cozy little pop yesterday to 43 what happen... it got banged down again........... Seems like the presure is building in this one.................... gud luck...

Hi Dash n Crash, (intersting user id) I am +ve that one will get SesaGoa at that price you mentioned, post bonus and split. Regards, Sri PS: Opinion *may* differ often in Capital markets. ...

dash.n.crash-IDFC is a bit down today!!...

dash.n.crash-IDFC will surely go up!!Its a superb invetment grade stock!!...

To dash.n.crash Dear Sir, in fact I am waiting to get some reactions from our boarders for such a call from businessline. I am pleased to have your post. I am also marking time and price, to grab some more in this counter. I put a mark at Rs.80 to follow in the sliding market. As the global cues are green, there will be some deals today. As RBI is much worried about inflation I am also waiting for the figures tocome. As the people have arranged it to come by Thursday evening only, I will be on the sideline only. with regards, v.krishnamoorthy...

Stock is not lookin bullish at all........... but I have never seen a stock held in narrow range with big volumes as this one.......... on a bearish day and on the back of melting bank stock I thought hey why not scoop a few here.......... and we all seen it jump b4...... so I figure risk reward may b in my favor..... if not will deal with it some other time........ hey I can see yr gtl stkin to 39...... good luck dude...........