Has the time come 2 buy shares..?

SridharB · #1 22nd January 2008, 10:43 AM

I have been hearing news like global recession, FII selling..blah..blah..
how come a stock like Reliance fall from >3100 to 2100..why so much panic..? The company itself hasn't done anything bad..then why sell????

Anyway, are there any good stocks in good valuations to buy..?
I can see few stocks like
ICICI BANK, ACC, REL, STER..???

jnj333 · #2 22nd January 2008, 10:58 AM

Time has come, go for the frontliners.

romanov · #3 22nd January 2008, 11:07 AM

You may be surprised now...but Mark these words "Don't Let IT listed stocks get out from your(Indian Investor's) hand"

SridharB · #4 22nd January 2008, 11:14 AM

Good back by nifty..but wasn't able to buy Reliance @2100..

It zoomed up on opening...

MiLiNDOnline · #5 22nd January 2008, 11:15 AM

Quote:

Originally Posted by jnj333

Time has come, go for the frontliners.

Hi Jnj,

I think still it is not the right time and one should kindly watch for next couple of days before taking any decision.

According to our talks yesterday- about buying if one has buy good stocks such as RIL, ICICI, RNRL, RPL, Petronet and so on have at least suffered 10 to 40% loss

Please let me know your views.

Thanks.

jnj333 · #6 22nd January 2008, 11:24 AM

I also said if you have to buy 100 shares of anything start with 20-30 at every fall, start nibbling, check the fundamentals of the company like RIL which has posted a record high turnover and profits and is available at prices which it was 6 months back. No one can catch the bottom , not even the world's richest investor Warren Buffet, if you convinced by the company, its fundamentals, its growth pattern and potential and If you see value in the future in that company, you could start buying and take advantage of this madness.

SridharB · #7 22nd January 2008, 11:30 AM

Quote:

Originally Posted by jnj333

I also said if you have to buy 100 shares of anything start with 20-30 at every fall, start nibbling, check the fundamentals of the company like RIL which has posted a record high turnover and profits and is available at prices which it was 6 months back.

yeah..I too agree with jnj333 we shouldn't buy in bulks..in huge margins..atleast I have learnt that ...if you buy in bulk there will be more pain....better buy in small quantities on every dip...

AmoghG · #8 22nd January 2008, 12:29 PM

Stocks available at July 07 prices... mouthwatering stuff.

jnj333 · #9 22nd January 2008, 12:41 PM

A boon for long term investors like me, a dream come true to buy at attractive levels.

sudoku1 · #10 22nd January 2008, 12:44 PM

Quote:

Originally Posted by jnj333

A boon for long term investors like me, a dream come true to buy at attractive levels.

technically , only a close abv 18500 confirms bullish outlook...
analyse the past , ride the present & the future is taken care of AUTOMATICALY......!!!!