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suggest the shares which should i buy in long run

Discussion in 'Technical Analysis' started by mk27418, Mar 22, 2018.

  1. mk27418

    mk27418 Active Member

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    As I am very new to this market. Please suggest the shares which should I buy for now. As I am following this group for around 4months. Amaraja seems good and want to invest 50k. please suggest where I can invest other 50K. Please also suggest if I can break these in some other attractive.
     
  2. bhat64

    bhat64 Apprentice

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  3. shabbir

    shabbir Administrator Staff Member

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    I will say you should invest in atleast 5 companies. Some stocks from this book can also be considered. https://shabbir.in/the-unusual-billionaires/

    If you plan to add more in the future, then go for stocks else mutual fund is best.
     
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  4. mk27418

    mk27418 Active Member

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    Sir, I took a look but still no clear conclusion. Today was my first day in stock. I took 40 units of amaraja@771, 25 units of bel, 25 units of sbi, 25 units of coal india and 25 units of ioc. All around 51k. Pls suggest reg all these and suggest where I can put 50k more?

    Sent from my Redmi Note 4 using DIY Technical Analysis mobile app
     
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  5. shabbir

    shabbir Administrator Staff Member

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    BEL, SBI and coal India aren't stocks I prefer investing. They are PSU and I avoid them at all cost. The first step is to know the right stocks and you can do that by reading my following articles

    https://shabbir.in/investment-checklist/
    and
    https://shabbir.in/fundamental-analysis/

    Once the stock qualifies the above checklist and analysis, I analyze the business on the following parameters

    https://shabbir.in/business-checklist/

    Then comes the understanding the technical analysis based on price action which gives us the right price.
     
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  6. mk27418

    mk27418 Active Member

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    Thanks sir. I will sell these in near future. Can I buy 5 to 10 units of wabco? Can I invest some more points in amarara.? I am studying your blogs and trying to understand basics. Thanks once again..

    Sent from my Redmi Note 4 using DIY Technical Analysis mobile app
     
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  7. shabbir

    shabbir Administrator Staff Member

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    You have to take that call. I like to share the process but do your own analysis and never rely on others.