Wockhartd, Shilpa Medicare, BHEL, LIC housing, IFCI, Shriram Transport

I am recommending following stocks to buy currently.

Wockhartd - looks attractive at this price. Worst seems to be over for the stock and it is working to get FDA approval for the banned plants. That should be resolved within couple of quarters now. Currently quoting 464.15.

Shilpa Medicare - This is going to become a big player has good product pipeline should accumulate it as the volume is low and not many major players are involved. Can easily reach 750+ by 2015/16. Currently quoting at 239.

BHEL - Open a small position as chances of having NDA looks better, if it were to be true all PSU would shoot up and BHEL would be front runner, can go to previous highs of 450+, currently quoting at 133.

I also diversified my holding in IFCI and Yes bank to Rel cap, Shriram Transport, LIC housing finance. They are running for banking license. Assuming one of them gets the license they will surely go up and make up for losses if any in others. If all get licenses then profit margin can be higher. Assuming another year for getting the license, each one of them barring Reliance Cap can double from current price. Relcap is already at higher PE so  might not appreciate that much.

Infy Puts

And my infy put call went wrong, suffering big loss almost 80% loss :-)

Infy Put Options/IFCI Call Options

Its been a long time since I posted in this blog. Over the course of last 2 1/2 years I have accumulated some stocks and waiting for them to bear fruits during this bull run :-). I am currently holding Central Bank, IFCI, Rolta, Punj Lloyd, SPIC, Reliance Power, Deccan Gold, Selan Exploration, Jain Irrigation, GTL and Nutek.

For short term I am buying some Put Options of Infosys. I am not expecting the results to be that good and there would be some correction in the price. I bought some puts for Jan at premium of 108 for strike 2400. I expect after result the premium to go up to 150.

Another options to look for is IFCI call options strike price 37.5 for Jan. They are looking pretty good.