Portfolio check- for small investors in stock markets in INDIA

Discussion in 'Money Matters' started by bchandra2008, May 2, 2015.

  1. bchandra2008

    bchandra2008 Bronze IL'ite

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    Please post your queries regarding any share you are planning to buy

    Also post your list of shares in your portfolio for a free analysis

    Analysis is by a fundamental and technical analysis expert of over 25 years experience in trading/investing
     
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  2. butterflyice

    butterflyice Local Champion Staff Member Platinum IL'ite

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    How about Asian paints? Has its price bottomed?
     
  3. joylokhi

    joylokhi Platinum IL'ite

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    @bchandra2008,
    I have a few shares of IVRCL,GMR infra, Peninsula land - all in red. Is it worth continuing to hold these shares- if so for how long?
     
  4. bchandra2008

    bchandra2008 Bronze IL'ite

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    Asian Paints is a good share; Has been in a sustained uptrend almost for the last two years; The recent correction has seen that the price has broken an important support level of Rs 800/- Further downside is possible before it takes support in the 650-700 range

    Hold it for long term gains; the recent drop in Crude prices is a positive for the paint industry asian paints.JPG
     
  5. bchandra2008

    bchandra2008 Bronze IL'ite

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    All these are Infrarelated or real estate related stocks; The Sector is presently out of favour in the market

    Following is the observations from the weekly charts

    Peninsula Land is near its support levels
    IVRCL Infra is also trying to find it support near 15 levels
    GMR INfra is a clear market underperformer

    If you have patience hold the first two and try to switch from GMR Infra to a better stock
     
  6. joylokhi

    joylokhi Platinum IL'ite

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    @bchandra2008,
    thanks for the guidance. Yes, i think i will come out of GMR infra. Even banking stocks are doing very bad although the fundamentals in most banking stocks are good. Could you tell me why? and whether we can expect an upturn?
     
  7. bchandra2008

    bchandra2008 Bronze IL'ite

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    Yes banking stocks , especially PSU banks have the problem of bad loans NPAs , so market is not very much enthused
    before you you take any decision pls consult your financial advisor,; what I post here - pls don't treat it as professional advise ; pls do your own homework
     
  8. joylokhi

    joylokhi Platinum IL'ite

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    Thanks for the prompt reply. Will just bide my time for the moment - till there is an uptrend in the market.
     

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