My 2nd innings with stocks

Dear Frnds,kindly give suggestions for stocks for long term holding.These are my list of 15 stocks.

Alembic Pharma
Amtek Auto
Cairn
Capital First
Escorts
FSL
Godrej Indutries
IDFC
IOB
ITC
Mindtree
Motherson sumi
ONGC
Renuka
Sunpharma

what happened to first innings investment ?

first invested for 5yrs, then joined traderji to learn day trading, rest is history :rofl: :rofl:

Carry forwarded to 2nd innings.:thumb:

I guess Day trading ate up the Year trading... Happens.. ..

All the Best for the 2nd inning ! :thumb:

well, my problem is,last time ,when i bot stocks mkt corrected 10% after a week :lol: dont know what is next,as per oilman sir's opinion, mkt may slip into deep correction any time.

you mean good time again for bears/put lovers , cheers

Stocks listed here are good ones and well diversified. The only suggestion I want to give you is that buy on cycles. Define your cycles by your comfort.

For example,

Buy on each month 1st date or 15th date

or

Buy each day 1 out of the 15 stocks which is trading more than 3% lower of previous day EOD closing price.

Or

Buy each stock at its 61%, 50% febo retracement based on the recent medium term swing

etc. Based on the capital, time you can comfortably sit without booking profits rush etc, build your cycle. By this way, you will be building a good well-averaged portfolio. Over long term, this will yield good results and this provides security too by not buying anything in top and then worrying.

Best wishes for your portfolio. :thumb:

what is the criterion by which you selected these 15 ?

Amtek Auto,Cairn,Godrej Industries,Mindtree,Motherson Sumi ,Sun Pharma are my choices too.

Smart)trade