do you think that in the present recession scenario, investing money in Indian share market is profitable..
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do you think that in the present recession scenario, investing money in Indian share market is profitable..
Definetely it is.
It is more rewarding to buy a good profit making, growing stock at Rs. 90 now than when it was at Rs. 300.
Example Genus Power now available at 95-100 range.
Simmonds quoting at 120 and Bombay paints ( Now Gruaver and weil) quoting at 73. Book profits. One should be able to realise 12700 after brokerage.
That is 27% in 19 months. At this rate Rs. 10k will become 53k in 10 years (Not bad) but way short of our target Rs. 10 lacs.
Sensex was at 16316 when we started this. Now at 17465 giving 7% in the same period. Against this our portfolio has given 27% ( 4 times)
We need to be active and alert with more participation.
Happy Investing
Ananda Kumar
www.mumbaibull.com
Very nice article.good over all approach as well.Thanks.
Non participation of members is preventing me to give more calls from www.smallcapbuys.com
One can buy Menon Pistons now available at Rs. 70 for the cash in hand.
That is one can buy 100 Menon pistons at Rs. 70 and 125 Tera software now at 39.
This should utilise all the money we have.
Happy Investing
Ananda kumar
http://www.mumbaibull.com
http://www.smallcapbuys.com
Hi Anandmys !
This is really interesting to view it after more than 2 years now, the stock market has recovered in bullish way though slightly going down these few days, so could you share what has been the performance of your selections so far and now what your advise could be like?
You can check all the closed calls by me at
http://www.smallcapbuys.com/Track_Re...ockMarket.aspx
I do not think anyone is following my calls here.
Otherwise I would have given the Menon piston book profit call at 84 as I did in www.smallcapbuys.com
Thank you for your prompt revert Ananda Kumar, watched the link, guess one has to pay to subscribe to it for a year. But myself still a fresher and just looking to get some useful tips directly from you.
It is wonder why you feel that people on this forumn not active, as the site it good and it sends me email for any conversation to the topic of conversation and interest.
Have a nice Day AK, hope to read more from you
M.Singh - rcmbusiness
Hi M Singh,
When I give a call, if someone says he has purchased the stock, it makes me commited that I have to update the thread on when to sell/ add etc.
Will try give my next call here.
Seems lots of investors dreams must have come true today with the good uptrend in the Sensex and Nifty, how is it going to perform tomorrow? Any guesses friends?
The 50-share NSE Nifty fell 6.95 points, to close at 5,133.25 and the 30-share BSE Sensex dropped 34.13 points, to end at 17,065.15.
Nifty Futures Trend-
Nifty September 2011 futures closed at 5135.15, at a decrease of 21.55 points over spot closing of 5155..............
Any good FMP's this season?? The last one that i heard was one with a 9 % - 10 % for a min of 6months duration...
Is there anything better ??