Friday, September 23, 2011

CHERRY PICKING TIME, FOLKS!!

All investors are aware of the ' greed and fear syndrome' which has been much bandied about in Market circles, analysts' Reports and as catch phrases by iconic investors. Simply put, it implies that Investors, at the top end of  roaring Bull Markets are so besotted by greed that they continue adding long positions even at fancy valuations; while at the lower end are so traumatised by fear that they refuse to loosen their pursestrings even at dirt cheap valuations for the same scrips. Either way, the catch phrase aptly describes what makes most investors chase prices indiscriminately and more often than not , shun fair value. 

In this backdrop, we have to try and overcome the fear of investing in truly down phases, such as the one we increasingly seem to be going through now. Of course, this also does not imply that we rush in, all guns blazing and exhaust our investible surplus in one mean swoop, only to find the Markets correcting another 5-10%. What it does mean is, that we choose our target Stocks and keep nibbling away on all down days to get a final portfolio that would yield good returns over the long term. In this context, I thought it worthwhile to briefly summarise some of the Stocks and possible price points that we have discussed earlier:

ASIAN PAINTS:  Best entry price range 2900-2750. READ MORE
AXIS BANK      :  Staggered Buy zone 975-1000.     READ MORE
BAJAJ FINSERV: Safe buy zone 470-495.                READ MORE
BHEL:                    Safe buy zone 1700 and lower.     READ MORE
CANARA BANK : Best buy around 400 levels         READ MORE
DCB:                       Good buy zone 42-48                    READ MORE
FORCE MOTORS: Safe buy zone 650-660                READ MORE
HAWKINS           : Safe entry zone 1250 or lower      READ MORE
HDFC                   :  Good buy zone 625-650               READ MORE
HDFC BANK       :  Entry at 450 levels or lower         READ MORE
ICICI BANK        :  Buy zone 860 or lower                  READ MORE  
ITC                       :  Best entry 185-195                        READ MORE
JUBILANT FOOD: Best entry 780 or lower                READ MORE
JYOTHY LABS   :  Best entry 163 levels                     READ MORE
L&T                      : Best entry 1610 or lower               READ MORE
NESTLE               :  Best entry 3860-4200                    READ MORE
OPTO CIRCUITS : Best buy 233-212 range                 READ MORE
PAGE IND.           ; Best entry 2250 or lower                READ MORE
PNB                       ; Best entry 950 or lower                  READ MORE
PTC                        : Safe entry 68-70                             READ MORE
SBI                         : Best entry 1850-1950 range           READ MORE
SIEMENS              : Best entry 840-900 range               READ MORE
TITAN                   ; Best entry 185-195 range               READ MORE
TTK PRESTIGE    : Best entry 2450-2650 range           READ MORE
TUBE INVESTM.  : Best entry 130-140 range               READ MORE
VST                         : Best entry 1020 levels                   READ MORE
WOCKHARDT       : Best entry range 370-400              READ MORE
YES BANK             ; Best entry 250 levels                     READ MORE
ZYDUS WELLN     : Best entry 580 levels                     READ MORE
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8 comments:

  1. mith_the_greatSeptember 27, 2011 at 12:34 PM

    An excellent reference for any long term investor to build a portfolio.

    thanks a lot mate!!

    ReplyDelete
  2. SANJAY M.September 27, 2011 at 4:52 PM

    Thanks, friend.

    ReplyDelete
  3. GOPIBOYSeptember 28, 2011 at 8:42 PM

    excellent compilation of stocks....THOUGH FEW BLUE CHIPS LIKE YES BANK, RELIANCE INDUSTRIES & BHARAT FORGE DID DESERVE A PLACE IN THE RANKINGS.

    ReplyDelete
  4. SANJAY M.September 29, 2011 at 7:28 PM

    Many thanks Gopiboy for the kind words. I think YES BANK is there; the expansion of the List is work in progress.

    ReplyDelete
  5. krishnamurthyNovember 18, 2011 at 9:17 PM

    Dear Sir
    What is the best entry price for Colgate & dabur
    Thanks
    Krishnamurthy

    ReplyDelete
  6. SANJAY M.November 19, 2011 at 5:20 PM

    Dear Mr krishnamurthy I will take up your queries in detail at the earliest.

    ReplyDelete
  7. Brochure PrintingJanuary 28, 2012 at 8:43 PM

    All Post are nice Good Keep it up. By Overnight Prints

    ReplyDelete
  8. sadagopan srinivasanApril 15, 2012 at 11:03 PM

    Even fundamentally strong scripts go southwards
    in the politically weak scenerio.
    Example if Mr Chidambaram is questioned by CBI in connection with spectrum share price will nosedive.
    Investing in shares have become a risky game
    in view of uncertain political situation .

    ReplyDelete

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