Saturday, August 23, 2014

BusinessAdvisory - 23 August 2014

Rajesh Sharma

The week starting tomorrow will be crucial week for the market to take its course. There are three probabilities - UP 50%, STABLE 30% and DOWN 20%. This is my opinion based on subjective qualitative assessment.

Broadly looking at sectors - Most BFIs:  UP, Majority of Insurance, Micro-finance and Hydro power: STABLE or DOWN.

Companies of first choice: Mid cap commercial banks, small cap development banks and finance companies.

Most attractive 3 companies for investment: CHCL, EBL and NBB.
Most attractive 3 companies for trading: NCCB, SWBBL, HBDL.

The market movement: May go up.

 Note: The market is too turbulent to make reasonable prediction. Therefore, please take the advice here, simply as reference. 




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