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Feedback on stock for long term investment

Discussion in 'Technical Analysis' started by rrjain319, Dec 24, 2016.

  1. rrjain319

    rrjain319 Member

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    Hello,

    After stock correction, uptrend started in below stock, will it be wise to enter these stock

    1) Eicher Motor (very high PE ratio among peers, however strong brand image i.e. Royal Enfield, declining promoter holding)
    2) Maruti (20% sale down due to demonetisation)
    3)Symphony (leader in cooler segment)
    4) Mannapuram Finance (still tumbling and with falling gold price not sure on sustainablity)
    5) Thyrocare (i tried them and liked there service so seems sustainable)

    Regards
    RJ

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    rrjain319, Dec 24, 2016
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  2. ganeshc89

    ganeshc89 Builder

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    ganeshc89, Dec 24, 2016
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  3. shabbir

    shabbir Administrator Staff Member

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    Eicher, Maruti looks ok to me
    Thyrocare is very highly priced. I would like to see it correct further.
    Don't track others.
     
    shabbir, Dec 24, 2016
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  4. ganeshc89

    ganeshc89 Builder

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    ganeshc89, Dec 24, 2016
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  5. ganeshc89

    ganeshc89 Builder

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    ganeshc89, Dec 24, 2016
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  6. bhat64

    bhat64 Apprentice

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    Maruthi is attractive rest is too expensive for me. There could be many opportunities in the next 3 months to buy stocks due to Mr Market over reacting to events. One such could be removal or change in the long term cap gains in equities. I read Modi speech at NISM yesterday..he has eluded to that. I would buy Maruthi for my core portfolio


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    bhat64, Dec 25, 2016
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