Madhucon is one of the best stock in the sphere of its activity. Though I have disposed some at 270 level which were bought at 227, I have kept the major chunk for a target of 300. In the long term, it has the potential to reach around 900-1000 if the current face value remains in tact. It is always beneficial to have some in the portfolio. I propose keep at least 74 for long term perspective.Regarding PSL, after a short study, I found value in investing in this stock. Hence bought only a 100 at 173. If it falls below it by a margin of 15-20 rupees, I would buy a lump. However, despite a rise of 400 points in the sensex during the last 2 days, the stock is sleeping like a python. It has a good upside value in the short term as well as in the medium term.
Dear Raj,
Do you think it is adviseable to leave Atlanta or Ibulls real at CMP? If not then what do you see in a very short term say a week? And as you are upbeat about Bal Chini and Bajaj Hindustan along with GMR Infra, where do you think they might go in, say a 10 days time? Are they still a buy as per your call?
Thanx a ton ....
Dear ambar,
Sorry for late response. Atlanta and Ibulls are a most to hold. In addition to this you may consider to enter in IDFC, Sobha, Parsvnath, Omaxe at an opportune target for a short term gain of at least 15-20 percent gain in each stock. But you should also book profit once these stocks rise 15-20 percent. Regarding the sweet sugar story, you see, these stocks have been consolidating for quite a long time at the current level. I feel a break out which is overdue may come at any moment irrespective of rise or fall in the sensex. I have remembered during one session in late May 2009, Bajaj Hind rose a good 36-40 rupees. So I am positive on this space. Regarding GMR Inf. after the split, it has a target of 80-85 kind of thing in the short term. One can accumulate this stock upto 63.
Dear Raj
As you are having good faith in Sobha to day I Made gain in Sobha which went upto 299.00 but I got 286.00 and then again I enterat 267.00.I am holding GMR,IRB,Madhucon,Tanla and Everon and waiting for breakout.I follow your advice and so far I gained.Nucleus is also consolidation for long which I hold and wait for breakout.
Thanks again and give some advice on my holding.
I am really happy to know. I was thinking of you when Sobha made a break out to reach 307.70. You see in every break out this scrip is making higher tops implying that it is raring to go up. Do not leave this scrip from your portfolio. Sell high and buy low. In addition to this, you can buy IDFC, Parsvnath, Omaxe, Indiabulls real, HDIL in small quantities for short term gain. IRB may go 225-230 kind of thing shortly. In that case sell some and wait to take back the sold scrip at lower level. Everron had a good break out and reached 455 recently. Part of the stock should have been sold at that level. I had sold 100 at 447. So during break out learn to sell part of the stock and book profit. Regarding Madhucon, Tanla etc. please wait for their turn.
There is confirmed news that Omnitech is on the verge of buying 3 new companies in Europe (Belgium & Canada),stock has also performed a pattern by which 160+ target is round the corned (2-3 weeks).6 Months target is 200+. Huge BUY !
One more horse from your stable IRB reached the winning post that is Target 225.00 I exit at these level and made money.Keep it up nursing the scrips to reach the target.Anything more to do IRB at these level 226.00
I feel you are playing correctly. Tomorrow, IRB may go higher as it was consolidating in the range of 205-215 about a month and started a break out. There may be a positive surprise in this scrip in view of positive market tomorrow. You should have kept something for tomorrow. However, I have sold 100 at 227 and kept the major quantity for tomorrow. Have you taken IFDC and Gammon. Even Omnitech has a good ride today. It may run to 170-180 kind of thing shortly. If Sobha will come to 242 tomorrow, then buy something. Kingfisher has a good run and hope to ride tomorrow. Nagarjuna const. is also very positive and shortly it may touch 169. Enjoy.
Dear RK
I am very much obliged to have good guidence from you and it is resulting that I am now positive side.The only thing I am lacking I get exit early and not making profit to run.Well it depends from person to person and decision is only thing which no one say when to take as you guided when to enter but exit depends on situation prevailing at that time.I am trying to change this habit.Hope to have guidence from you to correct my past mistakes.
In stock market this happens with everybody. Ask any dick and harry. They have the same story. To maximise your profit, dispose your stock in parts at different points of time depending upon the market situation. I am sure you will learn the trick. Besides try to play some good stock again again. Then you can know the test and preference of that stock. Another point to be noted is that in the morning, you should normally not buy any stock till 1020hrs unless there is a need. Learn to buy around 1520-1530hrs and see the difference.
Raj sir, seeing this message I sold some IRB today at 138. Now I am holding small quantity, maybe for 250. What may be a good level to buy back again? Would be grateful, thanks, Anju.
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