Good picks for long term

The selection criteria for the investment scrips mentioned is their holding scrips in various other companies and the present market value of these holdings.
Charts are from Mr.Pankaj Patel.

Majestic Auto with a market cap of 35 cr has holdings of scrips worth 125 crs. May be bought at cmp

SIL investments against its market cap of 90 crs has holdings of scrips worth 265 crs . May be bought in declines

haryana cap finance against market cap of 32 cr has holdings scrips woth 150 crs May be bought at cmp

Vardhaman holdings against its market cap of 76 crs has scrips worth about 225 crs May be bought at cmp

TCI finance against a market capital of about 35 cr has scrips worth about 170 cr. Accumulate in declines

All these are reccomended with an investment idea looking at its cross holdings. Please consult your Finance advisor before investing as markets are in critical position right now. Long term outlook seems to be positive. We may have positions in the above mentioned scrips or may buy in near future.- All the best. - happy Deepawali for all- vishnu

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Something to think about.... Many things to learn

Our ambani's and singhaniya's should learn from no 5.There was a one hour interview on CNBC with Warren Buffet, the second richest man who has donated $31 billion to charity . Here are some very interesting aspects of his life:

1. He bought his first share at age 11 and he now regrets that he started too late!
2. He bought a small farm at age 14 with savings from delivering newspapers.
3. He still lives in the same small 3-bedroom house in mid-town Omaha that he bought after he got married 50 years ago. He says that he has everything he
needs in that house. His house does not have a wall or a fence.
4. He drives his own car everywhere and does not have a driver or security people around him.
5. He never travels by private jet, although he owns the world's largest private jet company.
6. His company, Berkshire Hathaway, owns 63 companies. He writes only one letter each year to the CEOs of these companies, giving them goals for the year.
He never holds meetings or calls them on a regular basis. He has given his CEO's only two rules. Rule number 1: do not lose any of your share holder's money.
Rule number 2: Do not forget rule number 1.
7. He does not socialize with the high society crowd. His past time after he gets home is to make himself some pop corn and watch Television.
8. Bill Gates, the world's richest man met him for the first time only 5 years ago. Bill Gates did not think he had anything in common with Warren Buffet. So he had
scheduled his meeting only for half hour. But when Gates met him, the meeting lasted for ten hours and Bill Gates became a devotee of Warren Buffet.
9. Warren Buffet does not carry a cell phone, nor has a computer on his desk.


His advice to young people : "Stay away from credit cards and invest in yourself and Remember:
A. Money doesn't create man but it is the man who created money.
B. Live your life as simple as you are.
c. Don't go on brand name; just wear those things in which u feel comfortable.
d. Don't waste your money on unnecessary things; just spend on them who really in need rather.

--
" Smile a lot . It increases your face value."

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TRADING PICKS FOR THIS WEEK FROM RAJESH

SENSEX SUPPORT 19300,18600 NIFTY SUPPORT LEVELS:5700.5480 for STOCK PICKS MRPL CMP 82 TARGET -120 ; BALARAM PUR CHINI CMP 81 TARGET 100; BAJAJ HINDUSTAN CMP:190 TARGET:225 ; SREE RENUKA SUGARS CMP:781 TARGET:950; BANK OF BARODA CMP:370 TARGET:425; IDBI CMP:160 TARGET:200 ; DENA BANK CMP:72 TARGET:90; I MY GROUP HAVE POSITIONS IN THESE STOCKS ALEADY AND WE ARE ADDING MORE IN THIS WEEK FOR TRADING
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