My Picks of The Day (Please Recon)

E

Ecko

Member
#1
#1
We'll I seem to be confused a bit over this , here are my picks
I want the experience of great people here to recon me

Suzlon Energy
Reliance Power
HDFC Bank
State Bank of India
ICICI Bank
Reliance Communications

Please Recommend out of 100 how much % should I invest in each
You may give 0 % to anything you don't like & recon your own :)

I can hold in times of risk & want this for around 1-2 years

1 more question that I wanna ask is that how will the infrastructure field act to the market for ex Hindalco or Aditya Birla

Thanx a lot
.::Ecko::.
 
U

uasish

Guest
#3
#3
My 2 bits while selecting a scrip in extreme down Mkt. which are my subjective views.
.......................................................................................

Being a Bengali we love to eat fish,my father had a fetish of visiting fish mkt. every morning for fresh fish.In my school days normally on Sunday i used to accompany him,he used get pleasure in bargaining for getting a good bargain.
He taught me one thing which i still practise in my trading life there is a difference when Price is being bargained one is we want an Economical Price not a Cheap Price.
2nd thing in the process of Bargaining for getting a rock bottom Price we must never Buy a Rotten fish.
A Price when falls by 80 or 90 % there is good chance we may land up buying a ROTTEN thing.Why Mkt brings the Price down by 80 -90 % ? is Mkt a fool & all participants are dumber by us ? we are the ONLY smart guy to understand that no these are not Cheap but Economical bargain.
 
A

amitlokareec

New Member
#4
#4
Hi Guys

Its really a nice forum.& u guys are doing great things over here.
Well my name is Amit i am totally new to this trading and all
i need ur expertise guys to help me out.

Thanks
 
E

Ecko

Member
#5
#5
uasish said:
My 2 bits while selecting a scrip in extreme down Mkt. which are my subjective views.
.......................................................................................

Being a Bengali we love to eat fish,my father had a fetish of visiting fish mkt. every morning for fresh fish.In my school days normally on Sunday i used to accompany him,he used get pleasure in bargaining for getting a good bargain.
He taught me one thing which i still practise in my trading life there is a difference when Price is being bargained one is we want an Economical Price not a Cheap Price.
2nd thing in the process of Bargaining for getting a rock bottom Price we must never Buy a Rotten fish.
A Price when falls by 80 or 90 % there is good chance we may land up buying a ROTTEN thing.Why Mkt brings the Price down by 80 -90 % ? is Mkt a fool & all participants are dumber by us ? we are the ONLY smart guy to understand that no these are not Cheap but Economical bargain.
Click to expand...
Thanx Very much 4 ur input
Please clarify in which company's context you implied (I said I'm confused 2 much)
 
U

uasish

Guest
#6
#6
Ecko,

As compared to other Bull Run this time we have a slightly different scenario.
Most of the Companies availed Free money aboard (Japan had a 2 % per annum interest on Loan),our RBI said in past that if you borrow $ you can not remit it to India but can deposit in overseas a/c & so Companies availed these massive loans to buy overseas companies ,sometimes even 10 times it's parent indian co's size.
These loans are to be repaid ,and before they could repay the world economic gloom started ,so now they are facing the music.
An Order Book ,reflecting factory capacities to be booked upto 2010,will now be cancelled ,rescheduled by the interested parties,so these fat Order Book will become thin.Inventories will rise.
In this scenario few companies will extinct,so plz also look into this aspect.
To be specific i was refering Suzlon from your list,well it can double from present Price but going back to its earlier Price seems too optimistic.

Asish
 
T

the tape

Well-Known Member
#8
#8
Ecko said:
We'll I seem to be confused a bit over this , here are my picks
I want the experience of great people here to recon me

Suzlon Energy
Reliance Power
HDFC Bank
State Bank of India
ICICI Bank
Reliance Communications

Please Recommend out of 100 how much % should I invest in each
You may give 0 % to anything you don't like & recon your own :)

I can hold in times of risk & want this for around 1-2 years

1 more question that I wanna ask is that how will the infrastructure field act to the market for ex Hindalco or Aditya Birla

Thanx a lot
.::Ecko::.
Click to expand...
Hi ecko !

Don't know much about fundamentals but would advice you to diversify a bit more.You got 2 power stocks, 3 banks and 1 telecom. Also don't use a predetermined strategy of holding on to your positions for a certain timeframe. keep shuffling it. :)
 
E

Ecko

Member
#9
#9
Please recommend few more sectors I should look into
We'll since I plan to hold them for an year or 2 I'm looking for few aggressive one & few of them those are just average .
 
You must log in or register to reply here.
Thread starter Similar threads Forum Replies Date
DeusXMac Billionaire George Soros' 7 Top Stock Picks in 2022 Equities 0
S Question: How many of you buy/sell based on stock broker's research/ stock picks etc. Equities 1
SteveBayerIN Value Investing Diwali 2017 stock picks Fundamental Analysis 22
M My (btst/intraday/swing) picks based on price volume & news Equities 0
C A Newbie's Long-term picks. Need your opinions Equities 2

Similar threads