Its festive time and so there are should be some investment that should be also done now. You should select stock which are good long term bet and I have selected 3 of them for myself. This are my best pick and before indulging into any investment activity consult your investment consultant.
Reliance Industries
Reliance Industries has been market leader for ages now but for past few weeks its one of the few under-performing stock and so this should be a good reason to get into this stock on declines. Recent activity by management to get some cash by selling treasury stocks and then looking for some acquisitions ( as I have seen on TV ) suggests something good and big may be coming from Reliance Industries soon.
Bharti
Bharti is one of the stock which should always be into your long term portfolio because I rate its management as one of the best. Bharti is one of the few large cap nifty stock which is at 20% lower than its 52 week peak and we see Nifty is quite close to its 52 week peak. As many analysts are expecting Nifty to move higher from here I would safely assume Bharti to be one of the few to be the leader in the move provided MTN deal goes as expected.
Dish TV
I am fan of Dish TV for last couple of years and probably for some more time to come and so this time I would be adding more position to Dish TV. After management doing lots of offloading their stake for 49 Rs the share price is very stable in the range of 42-48 but I am expecting it to break out of this range some time soon.
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What is your opinion on Suzlon Energy? I have bought 1500 @ 98 per share. Now the price has come down..
Not very upbeat on suzlon because if you see the EPS of this company its merely close to 2+ Rs and so to give a P/E ratio of close to 40 is not justifying when few months before this company was at the verge of bankruptcy.
I would invest in this company only below 20% of the current price because things look good going forward but not at the current price.
Hi Shabbir
What is your suggestion on Abban Offshore?. Is it good for long-term investment like ONGC?
Regards,
Shilpa
Certainly but should be bought when the stock is not in the news and not doing much on the upside.
A sure fire work is on the card on this counter. First,a recent news about placement with QIP is in the making for sometime and unconfirmed news is it is going to be around Rs.2100. Second, it has crossed above 1200 and trading above at this level for more than a month. The next uptick target for Aban is between 2100 and 2500. Make accumulation, like SIP and not one stop investment to get maximum return.
please give me your 5 solid tip for 1 year .
thanks
I don’t do that but I prefer giving how to find them because I am not a financial advisor
Thanks for share this info.Looks very useful info.
Thanks for sharing such a good information.