Tuesday, September 14, 2010

Sensex Crossed 19000.....Do Not Sell Anything.....

Friends,

Sensex has crossed mark of 19000 yesterday... What a rally from 8000 to 19000 in just 18 Months.... In any mean it is a great rally..... great returns has been fetched by many many stocks in these past 18 months..... Suppose if anybody has invested 1 Lakhs in TATA Motors in March 2009 then that money would have become 3.25 lakhs now.... there are lot of stories.....

I know that many of you are thinking of selling their holdings in this rally.... but in my view this market is very strong.... One should not sell blindly in this rally..... I will recommend to hold your portfolios... but yes if you are on more then 100% returns in any stock then you may sell 50% and take out your money back....... Make this practice always....

We have witnessed a great Monsoon this year,, IIP Numbers are encouraging and GDP is also going well.... There is absolutly no bad news as of now.....

I agree that you might be sitting on a hefty profit but still there is a lot lot lot left on the table in every stock... this story has just began... and take my words we have a very very long way to go from here itself.... any level can come , be it 30k , 40k or even 45k........ Market will not go to 30k levels straigth way,, what i sm seeing is market may take a little bit rest or even dip little before moving to next destiation of 30k levels ..... we may see 30k levels next year OR may be earlier.... Please mind that i can also be wrong here also.... i am a human being... i am not predicting any exact figure but can sense what is going to happen in market in next two years......

I have seen many peoples who lost heavily in crash of 2009.... their sentiments was broken at that time...... You know why their sentiments were broken...??? why they lost??? Why they lost their everything in that crash....??? BECAUSE they SOLD their Holdings in that crash...... Now Second Question, Why they Sold at that time??? Answer is : They might be very much afraid that market will dip more OR they might have borrowed some money to invest in market..... (isliye mein hamesha bolta hu ki kabhee bhee apne stocks jaldi mein mat becho.... and udhaari leke sauda mat kharido.... kabhee bhee udhaari leke mat kharido shares.. apne paise se kharido hamesha....)..... think if they havent sold off at that time then now they might have been sitting on a good profit... FYI Infy and TCS hit all time high today........... TATA motors is on all time high already Yes Bank(My Old favourite) is on alltime high... and many more on their all time high....

Our Banks proved themselves a very strong business houses.. truth behind this is They are properly managed.... properly managed means they are not lending money to everyone in this world.... Just try yourself... try to get a big loan from banks... First of all you have to submit a lot of documents which will be checked twice or thrice.....even if banks has a small doubt they will reject your loan... its not just story of loan disbursment, its story of their strong ethics which has saved them... saved country... saved many IPOs... SBI has ran from sub 1100 levels to 3100 levels.... Imaging 3 times.... 3 times returns in 18 months.... Their are a lot of upcoming banks now.. many of them are undervalued keeping in mind their model of business and their future growth prospects.... Lke Dhanlaxmi Bank, Lakshmi Vilas Bank, City Union Bank(Already mentioned earlier), IDFC, IDBI.. all these are my favourite...... have a look at them....

Expansion Card spree is on every company nowadays.... investor should understand that results of expansion always reflect after two-three quarters after the commencing of production from expansion plant.... So we need to wait.... be it Surya Roshni or Sumeet Industry... or GSPL, PSL..many more i have mentioned.....

DO NOT SELL ANY OF YOUR STOCK FULLY.... BE THERE.... DONT GET OUT OF ANY STOCK COMPLETLY.... THIS IS MY ADVICE


3 comments:

  1. do you think that the targets of gremach (sanica) and xl energy are still achievable?

    ReplyDelete
  2. regret for delayed response...

    sancia and xl telecom are under huge debt.... thats what call luck... out of my many recommendations you bought these two scrips and they go down...

    anyways, target is not tough for them.... but i will not suggest to average them or sell them... just hold.....

    ReplyDelete
  3. sir,
    Thank you for your suggestion.
    Now, will you suggest me a new stock which can make good the loss i made in sanica & xl energy?
    Thanks in advance

    ReplyDelete