Ril

Where to invest?

I would like to invest about 5000/- every month. Should I go for SIP? If so, which? Or should I consolidate for a few months and directly buy stocks?

Banking sector

Want to invest in mid caps in banking sector. How is Vijaya Bank and what should be the target/time frame?

Re: Banking sector

Well there is lot of speculation going on regarding the banking sector. By speculation I mean 'news' and 'rumors' regarding interest rates hike. I don't know when the rates will rise, but whenever it does, the banking sector is going to get impacted. Whether or not the market will factor this future event in its current pricing structure is anbody's guess. But technically speaking, Vijaya Bank looks a descent pick. Hold the stock till it breaches 47.
As far as targets are concerned, I am not in a position to give one.

All the best.

Re: Banking sector

Thank you for your reply. What is your opinion on UCO Bank?

Re: Banking sector

Uco bank appears to have stuck in a range now. Accumulate more positions if it closes above 62 levels on weekly basis and exit the stock (if u hold positions currently) if it closes below 48 on weekly basis.

Re: Banking sector

hi ronak,
can u suggest how cn i become a technical analysist.

Re: Banking sector


i was also interested in UCO bank stat's.
Thanks for these levels:thumb:

Reliance Capital and RNRL

I hold a few shares of Reliance Capital. Should I build upon this at current prices or sell and invest elsewhere? Also, what is your advuce on Reliance natural Resources Ltd.? Thanks in advance.

A good portfolio

I would like to invest around 1.5L in fundamentally good stocks that I intend to hold for a long time, say I am looking at a 10 year time horizon. I would really appreciate sound advice on a good mix of stocks to invest in. Also, is this is a god time to invest or should I wait for a correction? Do you foresee a correction in the near future? Thank you in advance for your valuable advice that I look forward to.

Re: A good portfolio

I am mentioning other import factors you should consider.
Market is on correction and you can grap a few good shares at better pricing in the coming days.

Choose Good companies from various sectors
eg. infrastructure, banking, manufacturing, IT, and so on.

Never put all money on one script or sector, Divide and Rule.

Keep one part of money to average/do bottom fishing of stocks which came down after your buying price, you should exit stocks which looks like going downhill very fast, you can always exit and re-enter them at lower level.

No need to set your goals for 10 years, Buy stock, when you see the level with 10-20% profit, Sell it, don't wait for it to get back to bottom cause you have money and a timeline of 10 years.

10 years is a long long time, you should multiple your capital many times in this span.

don't trade based on Tips from tip providers

DO some research about stocks you are going to enter, avoid buying stock which are on there 52week high. they mostly go on correction mode.

Use NSE website to look for details on stocks you wish to invest in.