Do you play the stock market

ravibhat · 7th March 2008, 12:25

What I heard just now is since ICICI has reached 900 levels its good opportunity to buy now, target price they say more than 1300 in near term.

Good picks for investments suzlon, gmr infra, ranbaxy, few auto shares. Lot of shares are cheap now reached good levels as per their valuation. now market is showing actual values i mean this is how it should be because it had gone up too much last year.

Regards,

Ravi.

ntomer · 7th March 2008, 14:45

Quote:

Originally Posted by ravibhat

What I heard just now is since ICICI has reached 900 levels its good opportunity to buy now, target price they say more than 1300 in near term.

Good picks for investments suzlon, gmr infra, ranbaxy, few auto shares. Lot of shares are cheap now reached good levels as per their valuation. now market is showing actual values i mean this is how it should be because it had gone up too much last year.

I would advice against trying to catch a falling knife. I have cut my hands very badly while doing that. The market is searching for a bottom and nobody knows where it is.

If you already have these scrips, stay invested, otherwise stay far. Just my two cents.

\N

mjothi · 7th March 2008, 15:12

If you are really a long term investor (i repeat long term - > 2 yrs) then this would be the time to organise your portfolio. Again. dont dump all money at one stretch, keep SIPing for a while on stocks. because, as you know, no one know where the market bottom is.....

DCEite · 7th March 2008, 15:20

Is it possible ICICI to reach 800 or even lower ?

m3_07 · 7th March 2008, 16:03

We do not know the bottoms yet...hence, we do not know what ICICIs bottoms are too!!

snaronikar · 7th March 2008, 16:28

Quote:

Originally Posted by ntomer

I would advice against trying to catch a falling knife. I have cut my hands very badly while doing that. The market is searching for a bottom and nobody knows where it is.

If you already have these scrips, stay invested, otherwise stay far. Just my two cents.

\N

. I'am already bleeding after buying most of these stocks in jan-08's fall. Never mind. I will stay invested. How much longer I do not know

. But I have to get back all the money I have invested in these firms.

jagan0677 · 7th March 2008, 16:50

Quote:

Originally Posted by snaronikar

.....But I have to get back all the money I have invested in these firms.

That is a modest target you have set for yourself!
At the moment, seems like nobody has a clue on what to expect!

appuchan · 7th March 2008, 17:30

Please do not get into the market at this stage. Its a blood bath happening there. Wait for some signs of stability.

CaAT · 7th March 2008, 17:36

Quote:

Originally Posted by appuchan

Please do not get into the market at this stage. Its a blood bath happening there. Wait for some signs of stability.

If you have set aside 100 Rs for investing in stocks, I would suggest put 25 to 30 % of it in market now.

If the market falls further, put another 20-25 % and average out your investment.

And if the market shows signs of stabilizing, you can always take a call on investing the full amount that is balance with you.

The key is stay invested for long and not putting all your eggs in one basket.

PatienceWins · 7th March 2008, 17:39

This is not the right time to invest. Just wait and watch!!

What hurts me is the fact that we get a flu if United States sneezes. All the valuations go for a toss. We have a long way to go until we have strength to be resilient to external forces.

appuchan · 7th March 2008, 17:50

Quote:

Originally Posted by PatienceWins

This is not the right time to invest. Just wait and watch!!

What hurts me is the fact that we get a flu if United States sneezes. All the valuations go for a toss. We have a long way to go until we have strength to be resilient to external forces.

Well, actually the US is already having a flu. So we should be in ICU now

And yes, "patience wins"!

sukiwa · 7th March 2008, 17:52

BUY -- Buy stocks that are strong in its fundamentals & also show volumes in trade. As no one knows bottom of market, so instead of timing the market it's better to keep buying stocks in SIP format i.e. keep buying in small quantities.

rsjaurr · 7th March 2008, 18:00

You would never know the bottom and peak of share market so best is wait for a big fall as it is happening now,invest in 3-4 different shares of different sectors and forget it for atleast a year.Then depending upon whether you need money or not this period can be extended to next 3-4 yrs when it will again fall.

BTW for long term players this is pro'ly the best time to invest.Prices of few stocks are really good,almost 50% of their peak.Market may take few months to stabilize and then you will see upward tend.

And not a bad time to invest in MFs too as these are around 20% less than their peak in Jan08.

BaCkSeAtDrIVeR · 7th March 2008, 19:49

This is the time when the market will differentiate between the men and boys.

It is those make profits in a falling market (no, not by being a bear or making short sales) who are the real investors.

iraghava · 7th March 2008, 20:18

Rumors of an up coming Black Monday were in the offing in the market today. Be cautious.

View Poll Results: Stocks as a percentage of my net assets are -
0 - 25% -- I'm like the most conservative Indians. I love FDs.	419	31.62%
26 - 50% -- I have a few stocks.	591	44.60%
51 - 75% -- I'm an active trader.	217	16.38%
76 - 100% -- Hey, I'm an i-banker!!!	98	7.40%
Voters: 1325. You may not vote on this poll

7th March 2008, 12:25	#586
ravibhat Senior - BHPian Join Date: Jul 2006 Location: Bangalore Posts: 2,250 Thanked: 37 Times View My Garage	What I heard just now is since ICICI has reached 900 levels its good opportunity to buy now, target price they say more than 1300 in near term. Good picks for investments suzlon, gmr infra, ranbaxy, few auto shares. Lot of shares are cheap now reached good levels as per their valuation. now market is showing actual values i mean this is how it should be because it had gone up too much last year. Regards, Ravi.
	() Thanks

7th March 2008, 15:12	#588
mjothi Senior - BHPian Join Date: Dec 2007 Location: Bangalore Posts: 3,290 Thanked: 233 Times View My Garage	If you are really a long term investor (i repeat long term - > 2 yrs) then this would be the time to organise your portfolio. Again. dont dump all money at one stretch, keep SIPing for a while on stocks. because, as you know, no one know where the market bottom is.....
	() Thanks

7th March 2008, 15:20	#589
DCEite Senior - BHPian Join Date: Sep 2004 Location: NCR Posts: 3,590 Thanked: 3,483 Times	Is it possible ICICI to reach 800 or even lower ?
	() Thanks

7th March 2008, 16:03	#590
m3_07 BHPian Join Date: Oct 2007 Location: Bangalore Posts: 275 Thanked: 203 Times	We do not know the bottoms yet...hence, we do not know what ICICIs bottoms are too!!
	() Thanks

7th March 2008, 17:30	#593
appuchan BHPian Join Date: Jan 2006 Location: Bangy Posts: 644 Thanked: 27 Times	Please do not get into the market at this stage. Its a blood bath happening there. Wait for some signs of stability.
	() Thanks

7th March 2008, 17:39	#595
PatienceWins Senior - BHPian Join Date: May 2007 Location: Bangalore Posts: 2,464 Thanked: 983 Times View My Garage	This is not the right time to invest. Just wait and watch!! What hurts me is the fact that we get a flu if United States sneezes. All the valuations go for a toss. We have a long way to go until we have strength to be resilient to external forces.
	() Thanks

7th March 2008, 17:52	#597
sukiwa Senior - BHPian Join Date: Dec 2006 Location: pune Posts: 2,397 Thanked: 2,736 Times	BUY -- Buy stocks that are strong in its fundamentals & also show volumes in trade. As no one knows bottom of market, so instead of timing the market it's better to keep buying stocks in SIP format i.e. keep buying in small quantities.
	() Thanks

7th March 2008, 18:00	#598
rsjaurr BHPian Join Date: Sep 2005 Location: Batala Posts: 777 Thanked: 28 Times	You would never know the bottom and peak of share market so best is wait for a big fall as it is happening now,invest in 3-4 different shares of different sectors and forget it for atleast a year.Then depending upon whether you need money or not this period can be extended to next 3-4 yrs when it will again fall. BTW for long term players this is pro'ly the best time to invest.Prices of few stocks are really good,almost 50% of their peak.Market may take few months to stabilize and then you will see upward tend. And not a bad time to invest in MFs too as these are around 20% less than their peak in Jan08.
	() Thanks

7th March 2008, 19:49	#599
BaCkSeAtDrIVeR Senior - BHPian Join Date: Jun 2007 Location: Kochi Posts: 2,540 Thanked: 758 Times	This is the time when the market will differentiate between the men and boys. It is those make profits in a falling market (no, not by being a bear or making short sales) who are the real investors.
	() Thanks

7th March 2008, 20:18	#600
iraghava Senior - BHPian Join Date: Oct 2005 Location: Bhaiyyaland Posts: 7,997 Thanked: 281 Times View My Garage	Rumors of an up coming Black Monday were in the offing in the market today. Be cautious.
	() Thanks