Advice please. I want to invest now.

alpesh14 · #1 22nd January 2008, 11:05 PM

I want to invest in market now. I know it might be bad situation but i just wanna get in.

Can somone please suggest some good scrips? I am planning to invest in following. Any help will be appriciated.

EIH Limited
MTNL
VSNL
ICICI BANK
SBI
Suzlon energy
India cements
Reliance Industry (RILII)
Reliance petroleum

I have enough cash on hand to buy 25 of each. I don't know how to distribute and how many shares to buy. so friends please help me if you can.

Thanks

mail2kamaal · #2 22nd January 2008, 11:51 PM

all r gud. get it lot of 10 .... best time

fizzler · #3 23rd January 2008, 12:00 AM

I cant advice you on your money. but can tell you that i drained all my bank money and bought reliance at 2211 and rpl at 120. i would have bought any of the index shares if i had more money with me.

krishna23 · #4 23rd January 2008, 12:14 AM

some others you could look at are welspun guj,punj lloyd,j p asso,gmr infra,reliance capital,sesa goa,aban offshore ...the list can just go on and on...
from your list i would avoid mtnl ...
also buy in small quantities and avoid chasing stocks if they move out of your buy range...

uasish · #5 23rd January 2008, 12:35 AM

Have we ever made a small study,before each earlier fall ,there was always few Leader & few Laggards which has Lead the preceeding rally,does all those Leaders being able to retain their respective position in the next rally,if not then do individual chart becomes imp.
All the stocks mentioned above ,can we say that all of those can scale their earlier highs.if not then which ones are doubt full & why.If we dont have the answers then a equal distribution of money or other methods to distribute the risk element would not be more prudent along with dividing the entire corpus some % now & preserving some % for more downside ,so as to tackle risk more efficiently.

nitinku5021a · #6 23rd January 2008, 12:51 AM

Quote:

Originally Posted by uasish

Have we ever made a small study,before each earlier fall ,there was always few Leader & few Laggards which has Lead the preceeding rally,does all those Leaders being able to retain their respective position in the next rally,if not then do individual chart becomes imp.
All the stocks mentioned above ,can we say that all of those can scale their earlier highs.if not then which ones are doubt full & why.If we dont have the answers then a equal distribution of money or other methods to distribute the risk element would not be more prudent along with dividing the entire corpus some % now & preserving some % for more downside ,so as to tackle risk more efficiently.

perfect sir ..in addition to that.. after seeing all the drama..wont u suggest to hold and wait for a clear signal? Artificial liquidity has been created....will it solve the problem? if not then why should we buy at this market?

ppl says all of a sudden fundamental doesnt change...but did we have the fundamental in place to reach so high?

Dow is still under pressure..except Brazil is happy with 4.33% up but it doesnt give any signal ( does it? )?

I am looking for answer to these questions....which will help me to take next action tomorrow.

till now I think...every bounce back should be taken as an opportunity to sell !!

Nitin

kkseal · #7 23rd January 2008, 01:00 AM

Quote:

Originally Posted by uasish

Have we ever made a small study,before each earlier fall ,there was always few Leader & few Laggards which has Lead the preceeding rally,does all those Leaders being able to retain their respective position in the next rally,if not then do individual chart becomes imp.
All the stocks mentioned above ,can we say that all of those can scale their earlier highs.if not then which ones are doubt full & why.If we dont have the answers then a equal distribution of money or other methods to distribute the risk element would not be more prudent along with dividing the entire corpus some % now & preserving some % for more downside ,so as to tackle risk more efficiently.

Absolutely. Only a few, if any, can buy at the absolute bottom or sell at the absolute top. However, not prudent to put in more than 20-25% at this stage.

And i may add there can be 2 strategies - 1) accumulate for the intermediate term 2) Trade very short term - preferably intraday - better to avoid overnight risks at this stage.

While accumulating, 1)seek a good short term support 2) avoid the so-called momentum stocks for now (There's a time to play in such stocks, but not now) In other words go for a RIL rather than a RNRL.

Regards,
Kalyan.

alpesh14 · #8 23rd January 2008, 04:35 AM

Thanks a lot for advice. I am keepng some cash, however i have enough cash to buy al lof above. so will start buying in small numbers to start with. I don't mind if i don't make money. I am ready to wait for 2 years to ge treturn.

Thanks

Venkat123 · #9 23rd January 2008, 06:48 AM

Quote:

Originally Posted by fizzler

I...i drained all my bank money and bought reliance at 2211 and rpl at 120.

Are you serious?

alpesh14 · #10 23rd January 2008, 08:10 AM

Uasish,

thanks for your post. I know we can't decide bottom AND distributing money in diff stocks don't serve purpose in this volatile market. However my intentions are clear that i don not want money back soon. I can keep it in stock for few months/years.

I missed the train when i had money but was lazy to open account and do trading. now i got everything straight, i was waiting for fall and it just happened. So i am just want to get along with 30% cash reserved for future trading. The only reason i am just ditributing is that i do not want more than 7 - 8 % of my portfolio in single company. It may not make sense but thats what I want.

Ofcourse if i make enough profit ( I will be more than satisfied with 25% profit) then I will just sell few shares and keep more cash ready. I am just novice and not expert like you.

So thanks a lot for advice.

Quote:

Originally Posted by uasish

Have we ever made a small study,before each earlier fall ,there was always few Leader & few Laggards which has Lead the preceeding rally,does all those Leaders being able to retain their respective position in the next rally,if not then do individual chart becomes imp.
All the stocks mentioned above ,can we say that all of those can scale their earlier highs.if not then which ones are doubt full & why.If we dont have the answers then a equal distribution of money or other methods to distribute the risk element would not be more prudent along with dividing the entire corpus some % now & preserving some % for more downside ,so as to tackle risk more efficiently.