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Present Market Conditions

Mridul (Financial Advisor) (225 Points)

20 February 2008

Hi Guys,

Lets discuss the present market conditions in this forum and what should be the best stock, for what time and why.

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28 Replies

Mridul (Financial Advisor) (225 Points)
Replied 20 February 2008

For the first one, I say that all the shares of ADAG froup are going to experince high volatility till budget and one can get a good return in the short term if the timing is right.

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(Guest)

please provide a brief list the purchasing shares

qarni (student) (1220 Points)
Replied 20 February 2008

simple list itself is enough

SUSHAMA (TAX CONSULTANT) (162 Points)
Replied 20 February 2008

hi!!! Market is 2 volatile nowadays. All the same, 4 long term investment, RELPET n RELNAT r 2 gud. Relpet-Mukesh Ambani Relnat-Anil Ambani(v.gud)

CA. Amit Daga (Finance Controller CA. CS. CFA. CIFRS. M.COM. ) (9017 Points)
Replied 20 February 2008

I suggest you can invest in ABB,Rel Power and NTPC

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Mridul (Financial Advisor) (225 Points)
Replied 21 February 2008

In the present market conditions, Reliance stocks are trading at there lowest prices. Purchasing them for long term investment is a good option.

Mridul (Financial Advisor) (225 Points)
Replied 21 February 2008

One can also go for Deepak fertilisers, UTV and Deccon Chronicle. For Intraday, use your own money and go for widely fluctuating stocks like Lanco, Adlabs, Ispatind and Penensula India

Mridul (Financial Advisor) (225 Points)
Replied 22 February 2008

Todays Market conditions were the same, Impact of Global Indices on the Indian Market was clearly visible, NSE and SENSEX have to make upward changes at the end of trading hours.

SUSHAMA (TAX CONSULTANT) (162 Points)
Replied 23 February 2008

hi... Mridul.... i entirely agree with u ..there is a time 4 everything.... let us hope 4 gud time bcz till budget in my opinion it will remain volatile.....all the same u keep it up. thanx

SUSHAMA (TAX CONSULTANT) (162 Points)
Replied 25 February 2008

Mridul V.gud morning 2 u.... The bulls are losing control of the direction.It will be extremely important for the bulls to continue with last Friday's end-of-day momentum because a close below the trendline will lead to the next wave of selling pressure. Let me know ur views,suggestions,opinions in this regard. thanx in advance ..

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Mridul (Financial Advisor) (225 Points)
Replied 25 February 2008

Sushama, Good morning to you too. As you said, the bull was gaining some momentum on friday, but iit was the bear who took away all the momentum by the end of day. At the start of this week also expectations are high that the market will gain, but at present also, there is a lot of selling activity going on. As this budget being the last before election, it is expected to be good and should pull out the maeket back into track, but with the Global market going down, there is a lot of confusion and activity is not much. For me, I am taking a very cautious approach and at present collecting some good shares which are greatly undervalued at present.

SUSHAMA (TAX CONSULTANT) (162 Points)
Replied 26 February 2008

thanx...mridul... u said that u r at present investing in some gud shares...please feel free 2 discuss about that here....u have any links? if yes n if u thinks those r v. gud to reveal those here then pl.go ahead in giving...bye thanx inadvance

Rakesh (Asst Manager) (209 Points)
Replied 26 February 2008

its right time to invest in A group of companies u ll get good return

Mridul (Financial Advisor) (225 Points)
Replied 26 February 2008

Hi Sushma, I got some of the Adlabs, Lanco, Nagarjuna fertilisers during the downtime, at present they are trading at a very good price. Thinking of keeping them till Budget.