Advice and Suggestion for Investors is that this is the time when one can look out for cheaply valued stocks and accumulate them. Markets are range bound and are expected to bounce back soon. So pick the scripts that have corrected well and hold them for good returns.one should Avoid short term picks, try to remain short below 4640 nifty spot levels.
Reliance Industries, L&T and SBI would make very good value picks for those who want to invest in the long term.
Bharti looks a good buy around Rs 800 for the long term.
DLF is also very good for pick at these level for short term.
some other stock like KSoil,Ispatind,Ashokley,TTML is also at arractive price.
The market is showing weakness due to lack of buyers. The market is likely to consolidate on the downside and recovery is likely to take long now. The banking stocks have been battered down. In the power space, NTPC still looks attractive at current levels for a long-term buy.
Thursday, June 5, 2008
Advice and Suggestion for Investors
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