Sunday, February 7, 2010

STOCK MAKET LOSS ADVICE BY GANESH K

Can any One Advise me what to do as am holding plenty of shares which are in heavy loss and am frustrated

HDIL 500 Shares @ 375
L&T 30 Shares @ 1558
Timex 500 Shares @ 29
Suven Life Science 500 Shares @ 29
Ispat Industries 1000 Shares @ 20.20
JP Associates 300 Shares @ 155
Bharti Airtel 130 Shares @ 340
Educomp 100 Shares @ 710
Jindal Stl & Power 100 Shares @ 700
Unitech 500 Shares @ 88
Suzlon 500 Shares @ 96
Melissa

Advice is as follows by Ganesh K

Please do not get frustrated. Actually all those who participated in the market in the month of January and beginning of February have lost a lot of money. Even I have lost around 1 lakh in the last 20 days. Your selection of stocks are really admirable ones. Not even a single choice of yours is scrap. All are fundamentally strong and will come back to the same position or even shoot up high. Yes, the market is in down trend for the time being and I think budget will set the motion up. Looking at your portfolio, I guess you are a long-term kind of an investor. So what is the problem? For short-term trading look for stocks around Rs. 50 to 100 which have only around 1 to 2 crores of equity base with high promoter holding for immediate gains. All the best. Some of my choices in this category are : Alokind, HBL Power, Himalaya International, Tulsyan NEC,Rajesh Exports, Tourism Finance, Transport Corporation of India, Raj Packaging, FCSSOFT, Himachalfut (for trading), Marksans, KFA, Uttamglava, Gujnre, Ashapura, GTL Infra, Orient Ceramics, Subex & in the banking sector you can choose Canara Bank for immediate growth.

Regards,
Ganesh K

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