Stock Ideas

[vijaythanvi]

Be ready for again bloodbath in the Market tomorrow (02-04-07) due to our RBI Policies.
On Friday again CRR and Repo rate has been increased and this is not good sign at all the for Market. Market can take heavy toll due to this reason.
Now it looks that Market and Politics has mixed.
Govt.want to bring down inflation and for that they are taking very surprising steps and incereasing rates continiously.
Few days agon FM was telling that they will never compromise with Growth rate but now it seems that that was not true, we were hoping Growth rate around 9% but now looking rate increasing scenario it looks that we will be near 7.5 or hardly 8%.
Politics and Policies of Govt.is not favouring Market at all.
So be cuation and wait and watch tomorrow onwards that how Market will react, hopefully Market will react in very negative mode and that will be not good again in short term.

[rathesh]

Just like that it went as you had said please advice if i should sell icici it has come down and i am at big loss

[vijaythanvi]

Dear You have not mentioned excatly which script becuase starting from icici there is more scripts, like icici ltd or icici bank etc.

Also you have not mentioned at what level you have entered ?

If you are saying about icici bank then I advice that hold or accumulate becuase fundamental share can go down due to some short term trigger but they will come up whith their own strength.

On this board if you read my previous some post, I am always saying that never make panic selling, value your investment and give appropriate time to grow them.
Sell when you are fully satisfied.

If you read my another post (you can have my article in "Your say") that this strom will calm down.

And it is happening now, today market again restart to recover and hopefully market will get back on track very soon becuase market never go one way, it goes down then again it will go up.

As you told you are in big losses, please note this is unrealized losses, when you selll then it will be losses till that consider it is your investment and be confident on your investment.

Of course Market is very risky all time, if you feel that your stock is hopeless and it will never returen back at your cost price then I advice when bull phase comes then try to book minimum losses, never book huge losses.

Also I will advice try to read some valubable post and article on this board, they will give more clarification and encouragement to invest and trade in the Market.

One thing when you start to loose in the market you start to feel very frustrated and you start to loose your confidence and you become panic and in this panic you sell your worth without thinkig anyting.

I can understand when people start to loose hard earned money then they don't find way what to do, at this point you should keep pataitnce and try to work out right strategy and if you are holding good fundamental stock then try to avergae and get out in rally when your stock at cost price or in minimum losses, if your stock is breaking out upper side and getting momentum then do good research and hold further for targeted price.

At last only thing always keep mid term to long term strategy for your investment and in market don't be panic, keep pataitence and hold your good investment.

[rishi agarwal]

sorry for incomplete information i am holding 100 icicibank and it has come down considerably should i accumlate more and average or waith more

[bull]

[vijaythanvi]

I agreed with bull in trading perspective or if guest has no capcity to holding power on this script.

Icicibank share is like gold, I don't think holding on this share will be any panic.

If I follow bull's suggestion that is alos ok, guest can sell in some profit and again can buy when it comes at lower level (if guest has entered on very high level).

Another side, if he holds this scripts 6-12 month, I am sure this share has capacity to go upto 1000 level.

When you are holding such a good company, I prefer to hold or accumulate depend on your holding and investing power.

Never invest more than 20% in one script and never loose more than 10% in your single trade or single script that in normal rule but holding such a good fundamental script, I don't think to become panic,

As I told in this reply that if you feel that this company share is never going to come up again in future then try to sell in minimum losse or book marginal profit, otherwise guest can hold this script to get good returen and I prefer now wait and watch becuase Market is moving up nicely since last two days and also Global Market clues are very positive.

So many expert also advising to buy now Bank Share becuse don't think that CRR hike will make disasatur for Banks, Banks has their own way to absorb this factor and same time they will increase so many rates from their end to maintain their earnings.