Friends here are bad news coming one after another. Many saying recession is going , US economy is slowing down, and there is loomy picture oveall. Yesterday only BBC reported that 80,000 job cuts have been made in US. Areclor-Mittal office in France undre attack because of job cut by there own emplyee. All these news sugest worst is not over yet, and more to come. So i think market will loose substantially in coming week.
Suppose so called recession is there then following sectors which will badly hit- reality, IT, Automobile, banking. And somewhat safe sector can be- Capital goods, pharma, FMCG, Media, oil, Cement,
Good things which can be done-
!) So it is big opportunity to prepare ourselves for big purchase in coming months.
2)So first of all get modified your portfolio. Sell those stocks which you just buy because of rally and on short term tips.
3) keep all blue chip stock with good fundamental and higher operating profit, dosenot matter they are in loss or profit
4) keep eye on good stocks from differnt sectors, choose very god companies and start buying slowly
5) when all are selling , you should buy, so keep cash ready, as Warren buffet says.
6) kkep lock in period atleast 5 years which you are going to buy,
7) some good stocks are- Indiabulls, rpl, praj ind, Unitech, TTML, Relcap, jpassociates,
so study these stock if fill good return will be there then onle buy
Friday, April 4, 2008
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