Thursday, September 26, 2013

Investment Pick 2 - Syndicate bank


                                                       Investors Corner 

The stock has been an under performer and did not perform well in the recent up move. If we need to bet on the banking sector we should possibly do it with a good risk - reward ratio . Buy the stock in a range of 64-68 for a target of 110+ within a year. The weightage  for this stock should be low as the high beta of the sector would fetch more returns if the sector performs well. Keep a stop of 60 on closing basis.

Investment pick - Mcleod Russel

Investors Corner


Mcleod Russel - One stock that helped me to identify the real bull market in India. It always lead nifty in an up move and the downward move too. The stock has completed a good retracement from the top and it expected to test 340-360 in a year . Buy above 265 stop of 240 on a closing basis. 

(I have started a new section called Investment corner from today onwards. Quit my job have started an advisory firm. This section is for those investors who were in touch with me through emails and over the phone who always told me to update regarding the investment ideas. Feel free to get in touch with me over email or phone for any fund management service (and not for intra day picks, as i am not the right one)

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