Hi everyone.. Market tanks like anything. Is it right time to enter market for medium term ? If yes what are the favourite stock to enter. Eagleye septa sir your views on this.
A whopping no of 5,22,000 application forms were uploaded on last day. Retail euphoria is back in ipo''s. Mr. Ashok mehta, u were right in predicting 4 times on forms basis.
684.1. Eagleye| Link| Bookmark|
June 24, 2016 11:33:18 AM
IPO Guru (6600+ Posts, 21900+ Likes)
3. Will the market rebound back to the original level around 8150 after Brexit or will it remain down?
3. Using this opportunity, when can we start buying for holding small period like one week or 10 days? What particular scrips can be bought at cheap rate?
Markets are not expected to recover before Tue next week. It may come back to 8150 by wednesday next week. Start to buy in SBI, ICICI, Tata Motors, Sun Pharma, HCL Tech, TCS, Yes Bank, IndusInd Bank, 8K Miles Software, AllCargo Logistics, Hero Motocorp, Kiri Inds, Shreyas Shipping, Veto Switches, Reliance Inds etc etc etc.....
Thanks for the messages. Bought few shares of Kiri, yes bank, ujjivan. I m planning to buy few more of the same slowly slowly on Mon and Tue. Also, I am going to add few more companies by average (30% today, 30% Mon, 30% Tue). I will sell all by next week.
RKS sir, Can you please advise on coffee day and precision?? I am holding small quantities @ 255 & 135 respectively. Should I add more or just stay with holding?? I am also holding canara bank, icici and SBI.
Moneymatters I actually do not follow CCD n PCL. However, if u ask me CCD is a big no from my side. Better would be to sell it and invest in some other stocks or upcoming ipos to make up ur loss. For PCL buy small quantities in dips but u may have to hold it for a very long term. So advise is don''t do anything with OCL n sit tight with what u have. ICICI n SBI are a buy on dips especially now after BREXIT. I do not follow Canara Bank but looking at its charts its also a buy.
End of EURO. Britain gone. Next could be Greece, Italy and Spain. I also believe its the end of UK as such. Now Scotland, Wales and Northern Ireland might like to get independence from UK. Lets see. Future uncertain for UK. History in the making.
Don''t understand why world markets celebrating after British mp was gunned , and taking it as Britain will not leave EU on sympathy wave , and market start rallying, it was very clear that brexit is very much on card
673. Arup| Link| Bookmark|
June 24, 2016 9:07:14 AM
(900+ Posts, 300+ Likes)
RKS Jun 15, 2016 10:40:14 PM IST Reply Mahanagar Gas Limited IPO
In view of the Brexit if the referendum is a success and Britain decides to leave the EU, the NIFTY can fall to 7850 and one should book profits in IT n pharma. However, the fall would be an opportunity to make new positions in selected stocks like HCL Tech, Sun Pharma, Cipla n Lupin at the fallen down price.