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Buy for 1year

Discussion in 'Fundamental Analysis' started by saptarshi_sachin, Apr 11, 2015.

  1. saptarshi_sachin

    saptarshi_sachin Responder

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    Want to buy Ongc with 1yr view. Can hold it for even 1.5 yrs.
    Is it a good buy at these levels.
    Please advise.
     
    saptarshi_sachin, Apr 11, 2015
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  2. shabbir

    shabbir Administrator Staff Member

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    Never. Because when you have long term time frame. It is not technical but fundamental and so ideally I prefer to avoid companies where there are Govt. policies on profits.
     
    shabbir, Apr 12, 2015
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  3. saptarshi_sachin

    saptarshi_sachin Responder

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    Thanks for your view Shabbir.
     
    saptarshi_sachin, Apr 12, 2015
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  4. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all mine.
     
    shabbir, Apr 13, 2015
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