ganeshhity said:
Dear Amitda,
I'm having 100 archies(purchased at 183) cmp165, 500 gayatri sugars(purchased at 20) cmp 18, and 200 stocks of dabur(purchased at 109) cmp 110... had made some profit in recent times in dabur...if i sell all these stocks are cmp..I overall make a loss of less than 1000/-....i've made much more in recent transactions last week....I plan to buy Reliance Capital Ventures Ltd........
Expert comments solicited !!!!!!!
ganeshhity
Hi Ganesh, I'd hesitate to suggest you sell the above...who knows what happens tomorrow.
Archies looks about the weakest in the pack and Dabur should give better exit opportunity, possibly over the next few sessions, that is, if you really want to exit Dabur. 107 is where you may want to fix s/l. It's a good defensive counter to hold. I have no info on Gayatri, but here again the sugar stocks are well set going ahead. See what happens to them in the next couple of days before exiting.
As for Reliance Cap Ven, the call is only on the intrinsic and deemed value of the holding company, and it's no light weight by any account. The name Reliance draws a strong positive sentiment amongst the players and the man heading RCVL is seen as dynamic and savvy. There will be much activity in the group companies going ahead.
Also, there is much enthusiasm about the mutual fund offering, Reliance Equity Fund, coming out soon and this too would add to the activity at RCVL and RC both. It's a safe kind of counter with much to look forward to.
I'm not sure how the merger of RCVL and RC would pan out, but I'm sure it would only be a positive for the investor.
Do some research, check it out and see what you'd like to do.
All the best.
