Sunday, May 06, 2007

Looking for a trading partner

Looking for a trading partner who specializes in fundamentals.
I get a lot of reports and stuff but I need someone who can summarize everything
and give me relative bets in a sector.
For instance I want to find stocks which have sell ratings with target 10-20% below cmp
and stocks which have buy ratings with target 20%+ above cmp with a 1 year timeframe.
The goal is to trade hedged with a slightly longer term view if technicals and fundamentals are aligned.
Ex. in pharma
Big brokers are giving a buy on wockhardt with 20% upside
and the charts also show some potential+ earnings are stable/improving
While cipla is being downgraded to hold/sell with a targets of anywhere from up 10% to down 20%
Charts also suggest weakness due to the falling gap 220-240
target could be around 180 below 210

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