Sir but it traded to 80+ levels in 2008 and now it has just crossed the 40 level. Is there any chance of it going again to 80+ lvls this time when GREECE is about to be default officially.
For investment Cash is Raw Material and it needs to be deployed slowly in good products 🙂
For now if we realize Godrej Inds was at 185-190 at 5200 and still is same at 4700 index whereas many others have pulled down 10-15% so one needs to keep looking as i believe stock specific there are many opportunities.
October 4, 2011
Sir but it traded to 80+ levels in 2008 and now it has just crossed the 40 level. Is there any chance of it going again to 80+ lvls this time when GREECE is about to be default officially.
October 5, 2011
Hi Ameeth,
Volumes were too low in options during 2008.
But worldwide vols trading above 45-50 implies huge panic.
October 4, 2011
Dear Nooresh
I have skumar @56 and ks oil @12.50 what is the future for the same and reliance industries at 815
What do you suggest
Regards
Gandhe Srinivas
October 5, 2011
Hi gandhe,
Skumars and Reliance will come back to ur price and higher in medium term cant say about K S oils as not tracking
October 4, 2011
Dear Nooresh sir,
please provide those stocks name which oversold with improving RSI.
Thanks,
October 5, 2011
Hi hesh,
There are many stocks and the current fall will create positive divergences so lets wait for a decline if any and a bottom formation to look at them.
On radar are banks.
October 4, 2011
Ultimately i feel CASH will be king. Tough times ahead..
We should hold on for some time and as rightly suggested by nooresh buy in staggered manner and in quality stocks..
October 5, 2011
Hi Sanjay,
For investment Cash is Raw Material and it needs to be deployed slowly in good products 🙂
For now if we realize Godrej Inds was at 185-190 at 5200 and still is same at 4700 index whereas many others have pulled down 10-15% so one needs to keep looking as i believe stock specific there are many opportunities.
October 5, 2011
Mr Nooresh,
I am holding following stocks with higher cost tell me what to do ?
Greaves Cotton Ltd
Gujarat NRE Coke Ltd
L&T Finance Holdings Ltd
Lanco Infratech Ltd
LIC Housing Finance Ltd
Reliance Power Ltd
Varun Industries Ltd
Yes Bank Ltd
October 7, 2011
Greaves Cotton Ltd —- Hold
Gujarat NRE Coke Ltd —- No view
L&T Finance Holdings Ltd —- Hold for long term
Lanco Infratech Ltd —— Not much downside left acc to me
LIC Housing Finance Ltd — Hold
Reliance Power Ltd —– Review on bounce back
Varun Industries Ltd —– The claims made by the company are doubtful.
Yes Bank Ltd — Hold
October 10, 2011
Dear Nooresh sir,
Whats the future pf KS OIL & MMFSL