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Suggestion needed on stocks

Discussion in 'Technical Analysis' started by chandrasekaran_s, May 31, 2015.

  1. chandrasekaran_s

    chandrasekaran_s New Member

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    Hi everyone

    Trying to increase my portfolio by another 50000 bucks for period of 2-4 years time frame. I need some suggestions on stock choice. I am weak at analysing the fundamentals of the stocks as I am not from finance background. So folks please do try to help me with your inputs. I would appreciate you help and time for this. I have some some stocks on my mind. I will list it out and please do comment on it also. I also need some stock suggestions from you other than these stocks

    I want a diversified portfolio

    My preferred stocks are
    1. Godrej Industries
    2. Biocon
    3. Cipla
    4. BHEL
    5. ICICI bank
    6. HDFC
    7. ZEEL
    8. Thomascook

    Very few shares I want to but as my budget is only 50000 but I need diversified portfolio.

    Please shares you views on these shares and some shares which you would like to suggest

    Thanks in advance
     
  2. shabbir

    shabbir Administrator Staff Member

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    Can you share what drives you to those names fundamentally (or even technically) and that we can analyze one by one.
     
  3. chandrasekaran_s

    chandrasekaran_s New Member

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    Hi Shabbir

    These stocks are based on technical analysis which I did before my first portfolio may be in the month of feb, so the names are purely based on that. May be I am wrong in some aspects, these stocks are my choice but not the final decision.

    Thank You
     
  4. shabbir

    shabbir Administrator Staff Member

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    Ok so lets discuss them one by one. What kind of returns and turn around do you see in Godrej industries in next 2 to 4 years?
     
  5. chandrasekaran_s

    chandrasekaran_s New Member

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    Hi Shabbir

    If you consider technically the change in godrej ind stocks from last 1 year the change was around 25% i.e 290 to 380 for the current day. May be i feel that it might around 40% increase in 2-4 years. May be my estimation can be wrong but I don't know how it is faring fundamentally.

    Thank You
     
  6. shabbir

    shabbir Administrator Staff Member

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    Once your view is 2 to 4 years, you should always opt for fundamentals over technicals and though I don't track this company, I think the company has no growth for last 5 years and I don't see any increase in sales for this company. Not sure why it is so flat but need to understand that before investing in this company fundamentally.
     
  7. chandrasekaran_s

    chandrasekaran_s New Member

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    Hi shabbir

    So can you suggest some shares for me for which I will try to look upon the fundamentals if you are comfortable with it.

    Thank You
     
  8. shabbir

    shabbir Administrator Staff Member

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    I am always comfortable and so you can look at stocks like Tata Steel, VIP Industries, Marico, VGuard and other such stocks. Couple more which have done too well in last 5 years include Britannia and Nestle.
     
  9. saptarshi_sachin

    saptarshi_sachin Responder

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    Chandra - Adding few more to Shabbir's list.

    Asian Paints, Voltas, TVS Motors, Colgate, Dabur India would be some more to add.

    To add few more, You can also look at a kansai nerolac, kolte patil, deewan housing, ttk prestige, emami...
     
  10. chandrasekaran_s

    chandrasekaran_s New Member

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    Thanks everybody

    I will look into the stock given by you.

    Thanks for helping me

    Chandra
     
  11. shabbir

    shabbir Administrator Staff Member

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    Nice additions.