Please read the DISCLAIMER at the bottom of the blog.

Rakesh Jhunjhunwala is considered to be the greatest investor in Indian Market. He is supposed to have made Rs 5000 crores by just investing Rs 5000 in Indian Stock Market. Rakesh Jhunjhunwala guru mantra to be successful in stock market is as enumerated below:

(a) He advises people to become interested in a stock when none is interested in the same stock. As per him BUY RIGHT & HOLD TIGHT for years to come. He has been holding few stocks for last 10 years and he is still minting money from those stocks.

(b) He further advises that one should not follow big investors blindly as their risk profile and long term goals with time frame may be difficult to be followed by retail investor.

(c) Market is supreme and every thing is reflected in the price and thus their is no point in fighting the trend as market is always right.

(d) One should be able to create a balance between the fear and greed.

(e) As per his words one has to learn the stock market trading as none can teach the market as stock market experience is the best teacher.

Thus follow Rakesh Jhunjhunwala advice in stock market, BE PATIENT and grow big like Warren Buffet or this iconic man from Dalaal Street.

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Monday, February 8, 2010

I am adding more Geometric at 60-61 with a short term target of 88

I am adding more Geometric at 60-61 with a short term target of 88,
Geojit at 35 with a short term target of Rs 40+,
Viceroy Hotels at 43-44 with a short term target of Rs 50-55,
Provogue at 55-56 with a short term target of Rs 70 and medium term target of Rs 100+.
Praj at 75-85 for a short term target of Rs 100-110.
Autoline Industries at 110-115 for a short term target of Rs 140-150 and medium term target of Rs 175-200.

As far as Mcvally Bharat is concerned, it is likely to go upto 300 and consolidate around that level for next 6 months. Later based on the results, it is likely to make the next move.

These stocks not only look attractive for short but are also good for Long term.

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4 comments:

Om said...

Hi,
I am new to this blog.
Can you please suggest what is the definition for short term and medium term here ? I mean, how many months or days ?

thanks for helping us.

sonika said...

short term is about 3-6 months and medium is about 9-12 months.

Happy Investing. I am planning to start a blog for traders soon.

Anonymous said...

and what do you base your calls on? technicals? fundamentals? dreams?

sonika said...

Anonymous

if you are a trader then find some other blog for yourself and wish you a ton of money.

DISCLAIMER

DISCLAIMER: The author is not a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.

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