and my shares that where on que to sell@ 640 got sold....
check through nse
406. M Gupta| Link| Bookmark|
February 14, 2011 12:34:46 PM
IPO Guru (1100+ Posts, 3300+ Likes)
DEAR ALL,
RELIANCE ANIL AMBANI GROUP IS FACING SEVERE CASH CRISIS, MUKESH AMBANAI MAY ALSO GET AFFECTED ..... 2G SCAM, HIGH INFLATION, PETROL PRICES GOING ROCKET HIGH, HIGHER INTREST RATES BY BANKS, OTHER BIG SCAMS MAY ANY TIME TAKE MARKETS BELOW 4500 NIFTY....
IF THIS HAPPENS SHARES WILL LOOSE LIKE ANYTHING....
What would be the TATA steel status will it cross 700? and please update me about IDBI? i purchased it when it was 151.
403. Chem cho| Link| Bookmark|
February 7, 2011 3:31:09 PM
IPO Guru (2600+ Posts, 2700+ Likes)
403 SHEEDHAR I HAVE TRACKING YOU LAST ONE YEAR HOW YOU SAY YOU LOST RS 75000 IN ONE IPO PL LET ME KNOW WHICH IPO YOU HAVE LOST MONEY I REALLY FEEL SORRY FOR THAT I FEEL IT MAY BE RS 7500 ONLY AND NOT 75000
Dear Challenger, 5200-4800 area is an area of great support for the Nifty.Last year for almost around 10 -11 months Nifty hovered around this range & only after failing 4-5 times to breach 5200 did it cross 5200 decisively & Immediately went to 6400 within short span of time.During this time I invested only in IPOs & made very good returns as at that time good IPOs were sure shot way of minting money.Then came the black day for me personally in coal India listing which killed the golden egg laying goose permanently .Not only did it kill further gains in other IPOs by heavy oversubscription but also I suffered 75000 loss due to a default from one of our boarders.Anyhow now I feel good days will return to IPO market becos fly by way IPO applicants are weeded out from the system.Good IPOs will not receive much enthusiasm & we can make money.In the meanwhile while I was applying for IPOs I increased my SIP in mutual funds by diverting my gains from IPOs to mutual funds .Now I feel this is a good time to buy as Food inflation will surely ebb & the only concern will be commodities inflation.At 5200 these factors are discounted .You can start building your portfolio at this point of time.My top picks will be Bhari airtel,ICICI Bank,LIC Hsg finance ,Reliance & Tata motors(post budget).I have invested in Birla sunlife Dividend yield plus,ICICI Pru discovery fund,Reliance banking fund,DSP -BR Microcap oppurtinities & Reliance small cap fund.
In my Opinion... Substantial FII investments is all Indian Black Money....that is why major part has remained invested... around 200 billions.. The market is falling so that again there will be investment at lower levels... this is the only route.. with pressure mounting for disclosure of such accounts in the countries like Switzerland etc.. the money shall flow into Stock markets.. again the gains, long term are taxfree.. where else investors can get such benefits. Taxes in most of the countries average around 35-45%. Petrol prices in European countries are in the range of Rs.90-95 per litre that includes UK, Germany, Switzerland etc.
400. CLD| Link| Bookmark|
February 5, 2011 11:56:41 AM
Top Contributor (500+ Posts, 100+ Likes)
@ challenger
At last someone has realised that it is futile to be in direct market. No body gives you advice in share market when you need badly. I will again advise to all especially those who do not know the market dynamics well & who do not have time to remain glued to the market for full day, that they should remain in the market through SIP route of Mutual Funds.
If the investors remember, when the market was at its peak in the month of Nov.,10 when on 5th Nov. Sensex closed at 20,965 & Nifty closed at 6,308, every analyst on CNBC including Udhyan Mukerjee were saying that retail investors have missed the rally. Now that market is about 15% down from that peak but I am sure most of the retail investors are shying away from the market fearing that it may go down further. This is human psycology. In fear you fear more.
Investors lose because they don't enter the market when it is hovering around in the bottom since he does not know what is the bottom. These investors enter only when the market is very high therby invreasing their chances to lose more.
Here I will like to mention that Warran baffet, the most successful investor in share market in the world, has said that you should enter the market when fear in investors mind is at the peak i.e when others are selling, for gaining maximum profits. However actions required for taking such high risks at the height of turmoil when everyone is in selling frenzy is not possible for an ordinary investor. That is why for an ordinary investor maket entry through Mutual fund SIPs is best suited. You don't have to fear ups & downs of the market because you are regularly purchasing at every level of market thereby averaging your cost of aquision. Over the long run as I have alredy given in my previous post, you may end up gaining a tax free income of around 15% compounded annually. Isn't it carefree fantasitic return against any other asset class including real estate. At the same time it is liquid at any point of time. You can redeem for as much amount you like unlike real estate where you have to sell whole property along with the concerns of where to keep No.2 momey you receive. Mutual Fund houses also cannot charge more than Govt. controlled yearly operational cost which is in favour of retail investors. Remember, Govt. enforsed no entry load on mutual funds just to benefit the investors.
So far fund selection is concerned, you should choose 4/5 fund houses with 1/2 funds from each house with two SIPs every month for complete diversification. Monitor the performance of the chosen funds ever 6 months & take couse corrections if required.
Out of HDFC TOP 200 & HDFC equity, the former is more stable than the latter. However both funds have performed very well previously in their category.
I want to invest in mutual fund. is this good time to invest. I am watching HDFC top 200 and equity fund from some time. Can you share your views on these funds.
HAS ANYONE SEEN A STRATEGY OF CONGRESS WHOM PEOPLE HAVE VOTED.
WHAT HAS BEEN REASON OF MARKET FALLING WHEN GLOBAL MARKETS ARE SO STRONG AND ONLY INDIAN MARKETS ARE GOING DOWN LIKE THIS. EVEN THE EGYPT MARKET WHICH AHS SUCH A MASSACRE HAS NOT FALLEN AS INDIAN MARKETS.THE REASON COULD NOT BE INFLATION ALONE AS EVRY EMERGING MARKETS ARE FACING THAT SITUATION.
IT IS CONGRESS JOINING HANDS WITH F11 WHO RULES THE MARKETS. I AM SURE ALL RETAILERS HAVE LOST HEAVILY IN MARKET AS 95% OF STOCKS ARE AT ALL TIME LOW. FORGET ABOUT MARKET AT 18000 STOCKS ARE WHAT WERE THEY AT 8000 LEVELS EXCLUDING TATA AND BANKING STOCKS AS NOT EVERYONE OWN THESE 5 STOCKS.
EVERY RETAILER SHOULD COMPLAIN THIS AND MAKE HUGE REVOLT AND THINK TWICE BEFORE VOTING AS PEOPLE IN INDIA STILL HAVE SLAVERY IN THEIR BLOOD AND CANNOT CHANGE THINGS AND THIS TIME THEY ARE SLAVE IN FROMT OF GOVT. CHEERS
Dear Natarjan, Thanks for the wishes. Dear Ritesh, You can sell 60 percent or whole depending on your risk appetite tmrw as we have already made more than 6 percent profit.Rest you can hold till 980 is reached. Dear Kenshah, I will take call on ONGC only next month.Presently I am not looking at it .I may short it after it goes ex bonus & split but only after it increases 2-3 percent more from prevailing rate.Tata steel is expected to post strong results hence one can hold till results.I have a neutral opinion on it.