Team-BHP - Do you play the stock market

Quote:

Originally Posted by BUSA (Post 648665)

Guys any inputs, which shares are good to buy for long term investment?

Go with SIP investment in an equity diversified mutual fund instead of investing directly in shares.

If you look at a company(large or mid cap) whose profits are good and fundamentals are strong, you will make money in long term. Best thing is to ignore short term wherever possible(an advice which I myself can't obey!).
I saved a lot of money when I followed this advice.
For example I had a large cap stock which I had entered at slightly higher levels.
Markets went down and stock took hammering. I almost sold the stock and to minimize losses, but instincts told me to wait. Today the stock is at the level I bought and is looking good.
If I can be patient for 6 months this will easily give me 30-40% returns.

SIP is the mantra right now. Just ignore sometime investing in shares as you may not be able to book profits. Mysuggestion would be go for the good IPOs and as soon as they lanuch it, just sell them. Of course this will depend on how much you hvae invested in that particular IPO. I do these things some times and have booked some decent profits.

Quote:

Originally Posted by tsk1979 (Post 648718)

I almost sold the stock and to minimize losses, but instincts told me to wait. Today the stock is at the level I bought and is looking good.
If I can be patient for 6 months this will easily give me 30-40% returns.

Yeah.. patience is really a virtue as far as stock market is concerned !! I held on to a particular stock for 2 long years without seeing ANY movement except the occasional downward movement !! Then one fine day, it woke from its deep slumber and gave me a return of 96% in just 1 week flat !!

Quote:

Originally Posted by spadival (Post 648789)

Which stock is that?

Based on my experience SIP in Mutual find is worth in it. I know one very good agent thru whom I invest in SIP month after month which gets deducted automatically from my bank account.

In share market i didn't make any profits but by now I have studied it and in coming days I will be investing.

At present good stocks in long term CIPLA, GujNREcoke, PowerGrid/NTPC, few tech stocks (Infy, 3iinfotech) with some risk are godo ones. you can expect these shares double in max. 2 years from now according to analysts.

There are few more stocks which you need to buy when they correct.

Large cap shares when they correct heavily and starts bouncing back buy them. thats how share market works.

If you need assistance in investing mutual fund do let me knwo i can direct you to one best person I know from last 2 years. I earned minimum 40% returns.

Regards,

Ravi.

Quote:

Originally Posted by Proxima (Post 648845)

Which stock is that?

sorry.. it was MRPL. Just thought my comments should not be misconstrued as a recommendation of a particular stock.

Technocrat, I have invested in Fidelity India Equity (growth) fund. It has given over 20-25% in just over 6 months. But now is not a good time to judge how well a MF is doing, because every Tom, Dick and Harry makes 20% return on stock market.

Quote:

At present good stocks in long term CIPLA, GujNREcoke, PowerGrid/NTPC, few tech stocks (Infy, 3iinfotech) with some risk are godo ones. you can expect these shares double in max. 2 years from now according to analysts.

Thanks for suggestions

My understanding agrees with your suggestions except GujNREcoke

Quote:

Originally Posted by BUSA (Post 648862)

Guys please name the stocks. Last year Adhunik was 30bucks, now its hovering around 217, so thats almost 6 times.

Wait for the Subhiksha IPO.

Hi,
I regularly do trading, sometimes day trading, some times for long term investment. I had also worked in MF, and somewhat know in deeper how they works.
Also i invest in some of the good MF schemes, but let me tell you, stock market is beyond anybody's playground !!!!
When it starts playing(going down), everyone gets such a defeat that he/she don't consider again playing for few months/years !!!