Hello all
Greetings..
i have invested in stocks expecting 35-50% return in 12-18 months
i have attached my portfolio screenshot
Please suggest where do i invest except them
as am keeping these shares as margin to my broker and trading in futures on this margin
have spare 20lac to be invested
i am looking forward to invest in Infosys from IT at current levels and lupin in Pharma sectors
Please suggest or share your views
Hi Ill give you a few technical points to think about your current portfolio just my litle opinion.
Allhabad bank is in a 2 year down trend and just broke monthly support at 120 it looks like it can race to 40 if overall market goes down.
Cesc going stron uptrend 450 resistance.
Coal India right at ipo price 290 it looks like a good pick here below 280 there is no support can fall like a rock.
Corp bank in range but at cruciat 340 supprt can break hard either way.
Sbi same like corp bank but a better long than corp bank 1800 crucial support.
Sterlite Ind bad down trend and holding lower prices not a good investment i the whole lot
United Spirits . this is high risk high return and you invested quite a lot in it 1800 was the perfect level to go long for a long term gain , if the market breaks down this stock can be volatile.
My suggestion here to you would be to get light in this stock and buy back closer to 2000 for a damn good investment.
Overall you dont have many uptrending stocks , remember stocks become cheap for a reason , nobody wants them and become expensive because every body wants them , for long term investment you have to fing pullbacks in strong stocks.
My suggestion for some long and stron with perfect pull back are
Idea 120
Lupin 750
sunpharma 950
Apollo Hosp 900
Dr reddy 2050
Gsk cons 4400
Brittania 650