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long term pick

Discussion in 'Fundamental Analysis' started by masihpatel, Aug 7, 2013.

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  1. masihpatel

    masihpatel Active Member

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    Hi Shabbir, Amongs ICICI bank, Yes Bank and Asian paints which one you recommend for long term considering current maket price, I find ICICIC bank more attractive. Please share, Thank you
     
    masihpatel, Aug 7, 2013
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  2. sainath85

    sainath85 Member

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    Whats wrong with Yes bank? It has gone down sharply in last few trading sessions.. anyone tracking that stock?
     
    sainath85, Aug 7, 2013
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  3. masihpatel

    masihpatel Active Member

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    Today it is up 6.7%.
     
    masihpatel, Aug 7, 2013
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  4. sainath85

    sainath85 Member

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    Two months back it was at 550 levels, now it is 290..am i missing something?
     
    sainath85, Aug 7, 2013
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  5. shabbir

    shabbir Administrator Staff Member

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    My pick would be Asian Paints.
     
    shabbir, Aug 7, 2013
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  6. masihpatel

    masihpatel Active Member

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    Thanks Shabbir for your advise.
     
    masihpatel, Aug 7, 2013
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  7. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all mine.
     
    shabbir, Aug 8, 2013
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  8. masihpatel

    masihpatel Active Member

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    Which is the best among Maruti, Sun pharma and Glaxo smith at CMP for long term? I find Sun pharma more attractive at this level. Views are welcome.
     
    masihpatel, Aug 9, 2013
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  9. shabbir

    shabbir Administrator Staff Member

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    How much is your term when you mention long term?
     
    shabbir, Aug 9, 2013
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  10. masihpatel

    masihpatel Active Member

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    Eid Mubrak to you, Long term for me is more than a year.
     
    Last edited: Aug 9, 2013
    masihpatel, Aug 9, 2013
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  11. shabbir

    shabbir Administrator Staff Member

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    Eid Mubarak to you as well.
    Unless it is in range of 3 years, I prefer technically and so my best among Maruti, Sun pharma and Glaxo smith would be none but if I had to pick one then it would be Maruti as it is in process of forming a bottom (may be).

    The big thing is "may be"
     
    shabbir, Aug 9, 2013
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  12. masihpatel

    masihpatel Active Member

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    Thanks Shabbir for sharing your views.
     
    masihpatel, Aug 10, 2013
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  13. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all mine.
     
    shabbir, Aug 10, 2013
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  14. masihpatel

    masihpatel Active Member

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    Entered Asian paints at 429.
     
    masihpatel, Aug 12, 2013
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    shabbir likes this.
  15. masihpatel

    masihpatel Active Member

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    Entered Maruti at 1382.
     
    masihpatel, Aug 13, 2013
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  16. masihpatel

    masihpatel Active Member

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    Hi Shabbir, what is your view on IndusInd Bank at current level for the period not less than 3months? or any other private sector bank you find attractive at current levels. Please share,Thankyou
     
    masihpatel, Aug 13, 2013
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  17. saptarshi_sachin

    saptarshi_sachin Responder

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    Hi,

    I think ICICI bank is a good bet. Axis has already been +ve for past couple of days.
    ICICI should follow suit, think its a matter of only time.
    If you want to go long, ICICI bank is a good bet.
    Both IndusInd bank & Yes bank look like good bets, but both these counters had risen from these lows only to astronomical heights. Now they have fallen from these astronomical heights. Hence I'm sceptical on both, may be looking at a medium term, not a very long term. However, if you have to choose any of these 2, I would prefer Yes Bank at this point in time.
     
    saptarshi_sachin, Aug 14, 2013
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  18. masihpatel

    masihpatel Active Member

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    Thanks Rishi , but regarding Yes bank some kind of issue is going on between promoters group, isn't risky entering at this time.
     
    masihpatel, Aug 14, 2013
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  19. shabbir

    shabbir Administrator Staff Member

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    No I don't see anything good in that stock and can you tell me why banks? I see stocks as stocks and not favoring any sector when things are not going right for that sector.
     
    shabbir, Aug 14, 2013
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  20. masihpatel

    masihpatel Active Member

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    Thanks Shabbir for your view.
     
    masihpatel, Aug 14, 2013
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