The D'Mellos

Our New Website

2008-11-02T19:43:00.002+05:30

Dear Friends,
I am sure that, you must be missing the weekly stock updates by dmellos. We are sorry that we could not give you the stock updates. But nothing to worry.. We have started our new website dedicated for the same purpose..Now you will get a weekly analysis and a dmello's recommendation every week.

http://dmellostocks.googlepages.com

The new site has market tutorial which can be helpful for a beginner. And many more features are coming soon...
Do visit our new site.

Thank You

Market outlook for week starting March 17th

2008-03-16T21:20:00.000+05:30

Things are not looking cheerful for the investors in the near term.

Last week the sensex touched its 6 month low give anxiety to many
investors. Volatility is ensuring that future course of market remain
unclear.

Negatives news are flowing in fast with recession looming large on
US economy. Destabilization in the current govt is the last thing anyone would
like to expect. we can't rule out anything due to the nuclear deal
which is currently underway.

RBI is not thinking of tinkering the intrest rate which will continue to harm
the industrial segment and corporate results.

At this momemt we would recommend you to stay invested in all our previous
recommendation.

You can accumulate BHEL , L&T at every declines provided you have cash in hand ;)

Market outlook for week starting March 3rd

2008-03-02T23:10:00.000+05:30

Budget has been announced and there seems to be no respite
offered for the already battered stock market.

The only positives are reduction in income tax for individuals
which may encourage them higher spending thereby promoting
economic growth.

Henceforth global cues will drive the markets.

We expect a sluggish market for the entire month of March
and we may see furthur lower levels in the coming weeks.

Investors can continue to buy value stocks at every dip.

You can accumulate L&T, BHEL and LIC housing at every dip.

When good times return this stocks will give you reasons to cheer up.

Market outlook for week starting 18th Feb

2008-02-17T20:51:00.000+05:30

Last week witnessed mixed reaction with market gaining in few
sessions. Still there is inherent weakness in market with volumes drying up.

We expect US ecomony and union budget to provide the next indicator
for any trigger in the market.

Prime Minister has assured that GDP will grow at 9% which is a very
positive sign.

We recommend a hold on all our scrips.

Recommendation for the next 2 weeks

Buy BHEL if it comes in the range of 2000.
Buy L&T if it comes in the range of 3200.
Buy RELCOMM if it comes in the range of 550-560.

It will give attractive returns over one year period.

Market outlook for week starting 11th Feb

2008-02-10T21:16:00.000+05:30

Volatility of the last week ensured that investors are yet not back in
comfort zone.

Sensex continued its slide based on global cues. Global indices were
determining the pattern of sensex and we feel that the same pattern may continue for a few weeks.

Monday is a crucial day for sensex with Reliance power ( India's largest
IPO ) getting listed on the bourses.

The IPO was quoting a premium of 500 rs in grey market a few weeks back.
It was oversubscribed huge number of times wih lot of hype.

Tommorow will decide its fate and with it the fate of market in the coming days. We will have to wait for FII figures for tommorow to decide the market
movement. FII were heavy sellers for the past few weeks.

Recomendations

Buy NTPC @ 200 . Long Term Target 300-350.

Please maintain a cautious approach and invest only in fundamentally sound companies.

Regards Greg

Market outlook for week starting 04th Feb

2008-02-03T23:49:00.001+05:30

Markets are still in weak zone due to sustained negative
news on account of a possible reccession in US economy.

Cutting of intrest rates for the second time in week by US
Federal reserve has failed to provide the required impetus
for the market.

We expect the markets to follow the pattern of global markets
throught the week.

Most of the frontline companies have come up with good numbers in their Q3 results.

Indian economy is not an export based economy and will not
be heavily influenced by US economy as we are still
developing basic infrastructure like power, roads ,etc and
companies involved in the same will keep on providing good
results for years to come.

We advice investors to avoid trading in the current situation
and stay invested in all our previous recommended stocks with long term horizon.

Recommendations for the week.

Buy elecon engineering @200. One year target 300-325.

Market outlook for week starting 21st Jan

2008-01-21T00:00:00.000+05:30

Last week was indeed a tearful week for investors.Sensex lost a whopping 1813 points. The midcap index kept on declining.
Investors have lost their last 3-4 months gain with this heavy crash.

The movements in next week will decide the future course of action. Global sentiments are weak on account of US recession worries. Indian economy still holds good as some of Q3 results have shown.

We advise the investors to stay away from penny stocks and
stick to fundamental stocks.

You can accumulate Rilance and Bharti at every decline.

Market outlook for week starting 14th Jan

2008-01-13T23:07:00.000+05:30

December quarter earnings will drive the market directions in the coming days. Leading brokerage houses and analysts are expecting a slowdown in overall earnings.

Sensex gained around 150 points in the last week amidst heavy volatility.

Midcaps have crashed heavily in last few trading sessions and retail investors are eagerly waiting for a positive sign.

We hope that FII's will be back after the New Year celebrations and may pump in some more funds in the indian market.

Anil Dhirubhai Ambani Group is coming with a mega IPO of reliance power and some of the liquidity from market may shift towards the same.

Recommendations

Subscribe to Future group IPO.

Prakash industries had reached its earlier recommended target of 300.

We advise a buy on prakash Industries around 300-315 levels.

You can hold for one year with a price target of 550.

2008-01-08T14:34:00.000+05:30

Due to a family function, We were unable to post the weekly analysis. The inconvenience caused to you is highly regretted. From next wee onwards we'll regularly post the analysis , and we hope that you will visit our site as usual.
Thank You.

Market outlook for week starting 17th Dec

2007-12-17T09:26:00.001+05:30

Last week was a joy ride for investors with Nifty and sensex hitting an
lifetime high. A lot of midcap stocks also joined the rally ensuring the
small and medium investors that 2007 will end as a memorable year for them.

Volatility will continue in this week and we may see a fresh signal only
in the new year. There are still some concerns on Nuclear deal with the
Left parties threatening to withdraw support time and again. The results
of Gujarat polls may also have some impact on market in the coming weeks.

We still beleive that investors need not worry about minor hiccups mentioned
above but stick to their stocks as Indian economy is bound to do well in the long run.

Recommendations for the week

Petronet Lng @ 110. Short Term Target 135.

Prakash industries has reached its target in 1 month and investors can
book partial profit in the same.

we recommend in all the other stocks which we had previously recommended.
You can exit once the target price is acheived.

Next week we will be unable to post an article due to X'Mas holidays.
Wish all our readers a happy X'Mas.

Market outlook for week starting 10th Dec

2007-12-09T23:03:00.000+05:30

Last week ensured that smiles return back on the face of investors.

We saw an overall gain of 600 points in the sensex.

These Market saw a positive action on indication that US Federal Reserve will
cut the Fed rates by atleast 25 basis points. A relief plan was announced in US
to take care of sub prime issue.

IT majors like wipro, Tcs along with Midcap IT stocks bounced back.

These week we expect a positive growth with all eyes on US Federal meet.

we recommend investors to book profits in all our recommendations where
target price is ahcived.

Recommendations

Western India shipyard @29 . One year target 50.

Market outlook for week starting 3rd Dec

2007-12-03T08:44:00.000+05:30

Markets advanced on 3 trading session and declined in other
2 trading sessions. These clearly indicates that the market is
yet in consolidation phase. We are waiting for a signal which
could decide the next direction of market.

In the coming week volatility will continue. Investors
should be cautious as December is the accounting year for
FIIs and we may see some profit booking and outgo of
funds. These could dampen the overall sentiments of the market.

Recommendation

Buy Bag Films @80. 4 months target 120.

Market outlook for week starting 26th Nov

2007-11-24T17:32:00.000+05:30

Volatility seems to be the flavour of Market for the past few weeks.

Last week we saw the market losing around 845 points.Everyday sensex
traverses from negative to positive and vice versa territories.

Heavy Selling by foreign investors along with the gloomy US economic outlook are the prime reasons for the volatility.Weak dollar and increasing crude prices are adding up the pressure.

We expect volatility to continue in the coming weak. Investors should mention a cautious approach and keep on picking up quality stocks at low levels as Indian economy looks very strong in the long run.

Recommendations for the week

Buy Prakash Industries @ 180. One year Target 300.

Prakash Industries, a diversified business house with interests in steel, power and mining.

Market outlook for week starting 19th Nov

2007-11-16T19:41:00.000+05:30

In the last week sensex has zoomed up by around 790 points.

Capital Goods companies and banking stock are the frontrunners of the market gain. IT industry is still showing weakness due to reports of US market slowdown and dollar depreciation.

We expect a positive opening on monday as Left has formally given a
green signal to the Goverment on nuclear deal.

The movements in the market will continue to be volatile. FII's are still
pumping in fresh money in the Indian market which augurs as a good sign.

Our recommendations on India Bull, Yes bank, Power Grid and petronet LNG have already achieved their respective targets.

We continue to maintain a buy Rating on Ashapura mine and Lic housing.

Hold TTSL.

Market outlook for week starting 12th Nov

2007-11-11T21:05:00.000+05:30

Indian market is still witnessing heavy volatility. For the first time
in last seven years the market ended in red during mahurat trading.

The direction of market henceforth will be driven by global markets.

Global markets specifically dow and nasdaq have ended on a lower side
indicating furthur downside on monday. Furthur downside is expected in
USA markets next on account of pending home sales index on tuesday and
october retail sales on wednesday.

Indian economy is strong at macro level and there are no problems with fundamentals.

Rising crude oil prices are a cause of concern.

The outcome of 16 November UPA-Left meet on nuclear deal is also critical.

Recommendations

Ashapura Mine @ 375 . One year Target 580.

Mahurat Buy

2007-11-07T16:29:00.000+05:30

Our pick for Mahurat buy is LIC Housing Finance Ltd.

LIC Housing Finance Ltd is one of the largest housing finance companies
in India having network of 115 offices across the country.The Company was
promoted by Life Insurance Corporation in 1989.

Net profit for the Q2 showed a growth of 53 %.
The Company's total Income for the second quarter grew at 37 %.
There was a decline in the NPA's of company and it stood at 1.65 % as of September 2007.

We are already seeing an EPS of around 20 as per half yearly results.
Looking at the PE commanded by its compatriot like HDFC we definitely think that we will get a rerating on this scrip.

Buy @ 335 . Long term Target 600.

Market outlook for week starting 5th Nov

2007-11-03T08:55:00.000+05:30

Last week was a week of high volatility.The sensex gained around 730 points during the same. There was frenzy buying and selling of frontline stocks throughout the day. Capital goods and banking stocks showed buying intrests.

These week we expect the market to consolidate amidst high volatility. Results of all frontline stocks are already out and there are not any major triggers left.

There is a concern in the telecom sector due to tough spectrum allocation norms which may eat into profit margin of leading GSM players.We may expect furthur dips in gsm players stock and this could be a good buying oppurtunity.

Medium Term Recomendation

Subscribe to Mundra port IPO.

Short Term Recommendation

Buy petronet lng @89 target 110

Wish all our readers a happy Diwali.

Market outlook for week starting 29th Oct

2007-10-27T17:11:00.000+05:30

Last week was a fantastic week for the Indian investors as sensex jumped up by nearly
10 % thereby recovering all loses of previous week.

Yesterday even Dow and Nasdaq ended 2.10 and 2.90 % higher respectively.

The rise in sensex was triggered by the following factors

a) Sebi’s meeting with FII’s giving them clear picture of PN notes unwinding and registration of pending sub accounts.
b) Expectations of a further cut in interest rate by the US Federal Reserve.
c) Strong results by sensex heavyweights like L&T, ONGC, SBI, ICICI Bank and Reliance Energy.

This week we expect the volatility to continue.
The markets momentum would be dependent on results of sensex stocks like BHEL, Bharti and HDFC.

Recommendations

Medium Term

Buy Tata Teleservices @ 40 with a target of 65.

Short Term

Buy Powergrid @135 with a target of 160.

We recommend a hold on our last weeks recommendation as both stocks have moved considerably on a positive side.

Happy Investing

Market Outlook for week starting 24th Oct

2007-10-20T17:42:00.000+05:30

Indian Markets are going through a rough patch currently.

The markets have already crashed by whopping 1500 points in
the last week.

The US markets are still reeling under concerns of slowdown
in economy and that has shown up with nasdaq down 80 points and
Dow Jones crashing by 370 points.

Points of concerns for Investors in coming week.

a) CPM stating that it wants a complete ban on PN.
b) Tremendous selling pressures due to weakness in
US economy and a hazzy picture on PN.

Advice for Investors

a) Long Term investors can Buy into sound stocks during the crash

b) Short Term Investors be cautious for this weeks and let the markets stabilise.

Our Recomendations for this week

Company Entry Price Duration Target
India Bulls 500 Till Dec 750
Yes Bank 165 Till Dec 240

We will offer advice for short and long term Investors on a weekly basis.

Happy Investing.

Hi all D'Mellos

2007-02-27T19:43:00.000+05:30

Hi all Great Great Grandsons of Mr. Kalsu Damel...

All of us share same blood in our veins... and that is of our great great grandfather Kalsu Damel. We are heir of his family. Many of us will not be in contact with each other personally.
So why not be in contact via Internet??

I consider this is a good idea since some of my siblings are in foreign countries. Through this blog we can be connected with each other.

I want to dedicate this blog for sharing our Views, News, Family function Photos etc. I hope that this will help us to come together,have a reunion and help each other to serve our community.

With Regards,
Jason L. D'Mello