Building Up A Portfolio At A 7000 Level

[tobe_guru]

Hi

I have been alloted reliance petroleum , i had applied for part payment
how do i make balance payment thru icici direct account ,
does anyone have pointers to by when the payment is to be made and how is it to be done,

Thanks in advance

 

[pranayd]

You will have to give a cheque to ICICI Bank (Andheri Branch I think...). you will receive a letter for balance payment

 

[supratik]

Hi All,

Markets in a good corrective mood. There are some stocks that I see are gradually bottoming out.
One such counter is Orchid Chemicals. CMP 267, the counter should have limited downside from current levels.

Thanks and Regards
Supratik

 

[supratik]

Hi All,

This correction was long due in the markets.

However as seen at current levels, NTPC trading at 106.9 is looking attaractive to me...buy in small quantities.

Please do not bpanic or try to average out all your positions. There is still no clear signal of bottoming out.

Thanks and Regards
Supratik

 

[supratik]

Hi All,

Markets still not in a stable condition.

There are some counters in which we could consider small exposures.
1> M&M - The counter has reported good results - CMP 590
2> Nitco Tiles - Fairly priced - good results - 207 (buy on declines)
3> Shivani Oil - Up on account of good fundamental news (buy on dips) - CMP 308


Thanks and Regards
Supratik

 

[supratik]

Hi All,

Markets would stay rangebound.

There are 2 counters in which we could consider exposures in low to very low volumes - do not bet the markets

1> Sterilite Industries - Good results
2> Praj Industries

Try to avoid index stocks till you find a clear signal.

Thanks and Regards
Supratik

 

[narmad]

Hi

I am Accumulating JBF Ind and Arvind mills at present levels.
I think both of them are fundamentally stong scrips
and will have good returns in long term.

But with todays fall i am having second thoughts.
Please Advice.

Thanks
Narayan

 

[supratik]

Narayan,

Have never followed JBF but Arvind Mills is definitely a good accumulation.
This could take you a lot of time to give you good returns, but as you said you are a long term investor, so keep it tight in your portfolio.

Hi All,

Markets are losing ground. As suggested, no heavy buying even if you feel a stock is at the cheapest price you could get. Yes counters fundamentally strong would definitely help you in the long run.
But my suggestion would be to stay away from the markets - the bear is a carnivorous animal - Ha Ha Ha

Thanks and Regards
Supratik

 

[rheinu]

Halo,
do u have any idea on Dewan Housing. This week Huge volume and hitting all time high on yesterday.?

 

[cooltetra]

Halo,
do u have any idea on Dewan Housing. This week Huge volume and hitting all time high on yesterday.?

This one has attracted me too. And I had a buy stop @196 unfortunately could not get there. But the scrip definitely looks strong.