Which stock to invest and why ???

#1
Hi.. Is this the right time to invest and if yes, which are the stocks i need to pick up and at what prices? Pls guide me. I have big lots of ISPAT, Nagarjuna Fertilizers all bought at peak prices. What do i do with them? Its at dirt prices now. Pls suggest.
 

sudoku1

Well-Known Member
#2
Hi.. Is this the right time to invest and if yes, which are the stocks i need to pick up and at what prices? Pls guide me. I have big lots of ISPAT, Nagarjuna Fertilizers all bought at peak prices. What do i do with them? Its at dirt prices now. Pls suggest.
may sound weird.....but in my opinion i would sell 25% of these stocks now..:)
 
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lazytrader

Well-Known Member
#4
may sound weird.....but in my opinion i would sell 25% of these stocks now..:)
Sounds perfectly normal but depends on the stocks that you book profit in. Unitech, Suzlon etc will run. Bajaj Hind & BEL on the other hand might have peaked for the moment.
 

sudoku1

Well-Known Member
#5
Sounds perfectly normal but depends on the stocks that you book profit in. Unitech, Suzlon etc will run. Bajaj Hind & BEL on the other hand might have peaked for the moment.
but in the end....its the indices which will determine the trend of the entire mkt & its 144 days old & its 7000 points matured....:)
 

lazytrader

Well-Known Member
#6
Looks like they are on a relay. Today Bajaj Hind and BEL broke out (later slipped but still it did) and Unitech and Suzlon are resting.

I thought it was the market that determined the trend of the index since the index is made up of highest traded counters, no? :)