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Tuesday, September 14, 2010

Call Update: V-GUARD (50% up in 1.5 months)

powerfulpicks call update on V-GUARD:

Since the service started 5 months ago, powerfulpicks have successfully spotted and recommended many high profit winners like CRONIMET ALLOYS, VIDEOCON, VENKEYS, UFLEX, ZYDUS, UCOBANK, PAREKH ALUMINEX, JYOTHY LABORATORIES, COROMANDEL INTERNATIONAL, KPR MILLS, AQUA LOGISTICS, SPML INFRASTRUCTURE, CORPORATION BANK, BGR ENERGY, SKS MICRO FINANCE, SIYARAM SILK MILLS, EVERONN EDUCATION, GARWARE POLY, NATCO PHARMA, VIP INDUSTRIES, VIMAL OIL AND FOODS, ASAHI SONGWON, GODREJ CONSUMER PRODUCTS, JUBILANT FOODWORKS, IDEA, MUKAND LIMITED, POWER FINANCE CORPORATION to name a few. I think that 30+ high profit hits in 5 months is quite a good performance.
 
V-GUARD is a recent addition to the list of successes by powerfulpicks and below is a summary of what was recommended earlier and current outlook.

Sep 14: Script touched 206, up by 50% after original entry price of 138. At current price, it looks richly valued and hence short term investors should book profits for remainder of their holdings. Long term investors can continue to hold for the next target of 226. There is a chance of retracement to 185 levels in the interim.

Sep 07: Target has been achieved. Script touched 175.45 today, giving you a profit of nearly 27%. Hope some of you made money on this. As I had advised for good strong companies, sell 50-60% of your holdings at the target price and if you are a longer term player, hold on the balance for another 1-2 quarters.

July 30: I have been tracking VGUARD from 120, but because of other opportunities, I did not give this call earlier..but this is still quite a good buy on dips to current prices.
Give a buy order to pick it up at 137-138, you have to be patient...TARGET: As you know, my targets look far away because I am conservative in my estimates, but somehow they are achieved sooner. My 6 month target for this script is 172 (+25%).

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