Nifty currently is strongly bullish, which will, inevitably, be followed by a decline. What causes really sharp downfalls is, when declines are combined with bad news.... in such times no support is good enough, especially the higher ones... then only strong and clear supports on monthly chart have power enough to absorb the momentum.
Stocks for the long and short term portfolio
- Thread starter jamit_05
- Start date
There is a good chance, like every other possibility, that market keeps going up vertically (forever). Then should I let this possibility dictate purchasing decisions? Should I buy expensive?
Definitely NO. The reason why I might achieve success as an investor is if I buy good stocks for cheap.
I do not recommend purchasing Mahaseam at these rates, or even 50% lower than CMP....
Definitely NO. The reason why I might achieve success as an investor is if I buy good stocks for cheap.
I do not recommend purchasing Mahaseam at these rates, or even 50% lower than CMP....
LOL Nice point V. I understand what you exactly mean: I would've missed the big rallies in 2006 and 2007. I would be sitting with cash in hand.
At the same time, I would've been shielded from the Lehman brothers fall in 2008 and, to answer your question, would have entered at 2595, which is 2006 lows. At that is what I am interested in, making a portfolio in a low risk environment, when a lot of steam has fizzed away from stock prices.
And, just to set the record straight, I have not made any money from long term investment since I have not invested any of my cash in stocks as yet. However, I am anticipating that soon I will have a better option than FDs.
Nice point V. I understand what you exactly mean: I would've missed the big rallies in 2006 and 2007. I would be sitting with cash in hand.At the same time, I would've been shielded from the Lehman brothers fall in 2008 and, to answer your question, would have entered at 2595, which is 2006 lows. At that is what I am interested in, making a portfolio in a low risk environment, when a lot of steam has fizzed away from stock prices.
And, just to set the record straight, I have not made any money from long term investment since I have not invested any of my cash in stocks as yet. However, I am anticipating that soon I will have a better option than FDs.
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LOL Nice point V. I understand what you exactly mean: I would've missed the big rallies in 2006 and 2007. I would be sitting with cash in hand.
At the same time, I would've been shielded from the Lehman brothers fall in 2008 and, to answer your question, would have entered at 2595, which is 2006 lows. At that is what I am interested in, making a portfolio in a low risk environment, when a lot of steam has fizzed away from stock prices.
And, just to set the record straight, I have not made any money from long term investment since I have not invested any of my cash in stocks as yet. However, I am anticipating that soon I will have a better option than FDs.
Nice point V. I understand what you exactly mean: I would've missed the big rallies in 2006 and 2007. I would be sitting with cash in hand.At the same time, I would've been shielded from the Lehman brothers fall in 2008 and, to answer your question, would have entered at 2595, which is 2006 lows. At that is what I am interested in, making a portfolio in a low risk environment, when a lot of steam has fizzed away from stock prices.
And, just to set the record straight, I have not made any money from long term investment since I have not invested any of my cash in stocks as yet. However, I am anticipating that soon I will have a better option than FDs.
IMO falls like Lehman brother are low probability events, so getting long with major trend using protection is wiser than sitting on sidelines in fear of a big fall.
Yes, would hv purchased a good amount in 2008, but at 3555, which is the major monthly pivot 52 weeks ago.
Sitting on sidelines is very important for me, while I patiently await a low risk setup. I give paramount importance to my capital.
Paisa bhagwan nahi hai,
Par bhagwan sae kam nahi hai.
I want to ensure that I make the bulk of my portfolio in very sharp corrections. Then on, I may SIP at corrections (like 200W moving avg. etc). The base must be on solid grounds, which once established cannot be shaken easily.
PS:
STOCKS MUST NOT BE blindly purchased at 52w lows. This is only a part of a setup. Then on one must study the balance sheet, EPS growth, historic PEs, debt levels, promoter pledging and prospect of the industry, before listing a stock for purchase.
Even passive index investing is unsafe. Pls note that stocks that were the big shots in 80s, are now languishing. It is not rare to find big stocks, that fall big, fail to revive themselves to former glory.
Sitting on sidelines is very important for me, while I patiently await a low risk setup. I give paramount importance to my capital.
Paisa bhagwan nahi hai,
Par bhagwan sae kam nahi hai.
I want to ensure that I make the bulk of my portfolio in very sharp corrections. Then on, I may SIP at corrections (like 200W moving avg. etc). The base must be on solid grounds, which once established cannot be shaken easily.
PS:
STOCKS MUST NOT BE blindly purchased at 52w lows. This is only a part of a setup. Then on one must study the balance sheet, EPS growth, historic PEs, debt levels, promoter pledging and prospect of the industry, before listing a stock for purchase.
Even passive index investing is unsafe. Pls note that stocks that were the big shots in 80s, are now languishing. It is not rare to find big stocks, that fall big, fail to revive themselves to former glory.
PS:
STOCKS MUST NOT BE blindly purchased at 52w lows. This is only a part of a setup. Then on one must study the balance sheet, EPS growth, historic PEs, debt levels, promoter pledging and prospect of the industry, before listing a stock for purchase.
Amit,
Can we know which are the stocks in your watch list for buying? ... if you don't mind.
STOCKS MUST NOT BE blindly purchased at 52w lows. This is only a part of a setup. Then on one must study the balance sheet, EPS growth, historic PEs, debt levels, promoter pledging and prospect of the industry, before listing a stock for purchase.
Amit,
Can we know which are the stocks in your watch list for buying? ... if you don't mind.
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