Sorry but i cant comment on Abb with such high return in 2-3 years perspective
What i presently read is about cairn India and i am thinking to take position in it...As their output from rajasthan have increased from 20k barrels to 60k barrels and consolidated profit somewhere from 18 crore to 230+ crore....I guess that will be a better bet than ABB (might even give u more than 100% return)..But the only thing to make that happen is oil price touches 100$ per barrel Which we cant predict...but ofcourse we have Mukesh ambani words...I believe cairn india to have more growth than ril though both will grow
For ABB u have your piece of cake...u not taking some 100 shares so i think u better diversify than furthur invest...For long term...For short term i have already mentioned shares...If u still bend u can take position but at present rate u will only increase your average buying price.....Present market out turned happened because of month end and short covering
Sensex gained around 3% in may whereas nasdaq and other markets showed negative growth of 6 to 8 %...I surely believe we will get better shares at better value like sessa goa might go down again ...Just hold your horses(cash)..and dont put your eggs(money) in 1 basket....
What i presently read is about cairn India and i am thinking to take position in it...As their output from rajasthan have increased from 20k barrels to 60k barrels and consolidated profit somewhere from 18 crore to 230+ crore....I guess that will be a better bet than ABB (might even give u more than 100% return)..But the only thing to make that happen is oil price touches 100$ per barrel Which we cant predict...but ofcourse we have Mukesh ambani words...I believe cairn india to have more growth than ril though both will grow
For ABB u have your piece of cake...u not taking some 100 shares so i think u better diversify than furthur invest...For long term...For short term i have already mentioned shares...If u still bend u can take position but at present rate u will only increase your average buying price.....Present market out turned happened because of month end and short covering
Sensex gained around 3% in may whereas nasdaq and other markets showed negative growth of 6 to 8 %...I surely believe we will get better shares at better value like sessa goa might go down again ...Just hold your horses(cash)..and dont put your eggs(money) in 1 basket....
