I want to invest (is it the right time)

Hello all,
i want to add my current portfolio by atleast another 3 lakhs. Do you think its the right time to invest. I am ok with going long say a minimum of atleast 2 years. Can u pls suggest a few stocks which you think are really a steal. Pls only "a" grade stocks.
So waiting for your replies.
Thank you
shifazaid

All I can say is take it slow.... Stocks seem to be getting cheaper by the day...

thanks man,
but just wondering do you have sound stocks in mind which i can target.
what do you think about bartronics. i really like this stock. let me know your view. are you invested in the market or are you waiting on the sidelines for now.
thanks again
shifazaid

You can start investing in small lots from here onwards, better to go with the Big Heavyweights like RIL,SBI,MMTC, and few like the Punj Lyod, JaiCorp etc.

thanks for the information. i am usually the guy who doesnt like to diversify the portfolio. what do you think is it wise to invest in different stocks, in small amounts i mean. instead why dont i just buy ril, or jai corp in qty. you think the market is still going to fall.
anyway just wondering, i have alittle bit of gambling streak and love it when one stock goes flying to the moon.
let see but thanks for the advice

shifazaid its safe to do,

Add 25% of money to metal stocks (All metals stocks) at current price.
Increase the exposure to 40% slowly.

Rest can be alloted to Pharma, Infrastructure, Banking sectors.

Track this post and see the results after 3 months.
Hari

I do beleive this is not the right time to invest, as Market is yet to find its bottom. I am not suggesting to pick the bottom. Let it make the bottom and start upward journey.

In the present gloomy conditions, preference should be to safeguard the existing Portfolio than to catch the falling knife.

May be i am wrong, pls think over again & again before any additions.

Cheers

i guess you are right. but pls do keep me informed as to when the upward journey is going to start. also how long do you think this market is going to stay like this. is it really a global ripple effect going on here.

Slight Diverisification is always better , because each company could be exposed to different kind of risks, better to go for 6-10 companies rather than bet all in 1 or 2 companies. My view based on fundamentals is to start investing when there is gloom and doom scenario in the markets, starting with small lots say you want to buy 30 shares of RIL start with buying 10 and keep adding 5-10 on every major fall. After completing the portfolio buyout dont see it on day to day basis but do follow the company's earnings and future projects.

How long, I don't have an answer my dear friend.

Can only recollect what happened in 2000 - 2003. Nifty touched 200 WMA, bounced and went down below 200 WMA to create the bottom and then only crossed 200 WMA on its upward journey. Whole process took about 3.5 years.

This is not to suggest that it will repeat.

Currently 200 WMA is 3650. Rest is for you to comprehend.

Cheers