Building Up A Portfolio At A 7000 Level

[hiteshsjoshi]

Hi Supratik,
What is your view on Surya Pharma, Lok Housing and Balaji Telefilms ?
Are you tracking any of these counters ?

Thanks!

 

[supratik]

Hi Supratik,
What is your view on Surya Pharma, Lok Housing and Balaji Telefilms ?
Are you tracking any of these counters ?

Thanks!

Yes I am concentrating on Lok Housing. Not sure on the others.
Lok Housing is a good counter for a medium term.

I have suggested buy at 340 recently in this thread.
If you notice the volumes have piched up in the last 2 trading sessions. Market sources say that something good is expected.

Thanks and Regards
Supratik

 

[supratik]

Hi All,

I was reading about Bharti Tele in a couple of magazines and on net. It is good counter - accumulate with a long term vision.

Thanks and Regards
Supratik

 

[toxicexpulsion]

Zee tele is a good stock, demerger will create a lot of value

 

[ssnkumar]

Hi All,

I was reading about Bharti Tele in a couple of magazines and on net. It is good counter - accumulate with a long term vision.

Thanks and Regards
Supratik

Yes. Bharti Tele is a very good counter.
I had bought it twice last year. Once at 202 and again at 338.
And sold all of them at 396, just before the May 06 market meltdown.
Now, we have another small correction going on.
I don't know, how long it will and to what levels it will correct. But, it is throwing up a nice opportunity for us to pick up those good ones.

Supratik,

Are you still watching Gulf Oil. Looks like it has come down and is getting ready for another uptrend.
Please do let me know your views on this.

Regards,
Narendra

 

[toxicexpulsion]

Whats the view on BEML... Stock price is down, no change in fundamentals

 

[rinv]

Supratik,

Just wanted to verify my observation of a H&S formation with Lok Housing on the daily with a neckline around 325. On this basis it may still go down from the current price of 310.

However, this may be good one to accumulate at this levels if its hold the support of 300.

Pls advice.

Regards
Rinv

Hi All,

The next tip is on Lok Housing and Construction - 500256.
CMP 343. I am not setting the target right now - will be intimidated later
Keep a SL below 300-305.

Thanks and Regards
Supratik

 

[hiteshsjoshi]

Hi,
I have purchased Lok Housing@335. Currently, it is trading at 298.
What should I do ? Should I buy some more to average out my shares or should I hold or exit?
Also, I would like to know about its support and resistance prices at current level.

Thanks!

 

[supratik]

As I had mentioned, Lok SL was 300-305. The SL is triggered, my personal suggestion would be to wait and watch. I will not say to start accumulating it as I believe it may fall from even the current levels. A SL is merely to save an investor’s wealth. I think the market is in a bearish tone. The idea right now is to wait and watch. If we will need to average out our buy price, I will definitely let you all know. If you still have an appetite to risk, I would tell you to hold on otherwise book out.

Thanks and Regards
Supratik

 

[ssnkumar]

Anybody knows, what is the reason for sudden fall.....huge sell off!?
Again is it due to FII outflow!?

It went down by more than 500 points and regained a bit.
But, still it is down by nearly 400 points......which is not small!!

I think, the sell off may continue for few more days and market may settle at around 13200 to 13500.

It has thrown up a very good opportunity for those who are not averse to little risk.....many good stocks have hit dust today.......!
But, the same may continue tomorrow.
So, we can start picking up little by little.
If you know the fundamentals of the company and if you are confident that it is good, then you can pick it up at today's low and if it falls further tomorrow and in the days to come, then you can add in more.

This is my views. Others may not agree to this.
But, I am curious to know, how others are feeling?

Regards,
Narendra