BUY INFY 2 LOTS ABOVE 1715 TG 1730/1745 SL 1699
BUY TATA STEEL 2 LOTS ABOVE 1277 TG 1289/1301 SL 1264
BUY PETRONET 2 LOTS ABOVE 213.50 TG 215.50/217.50 SL 211
BUY INFY 2 LOTS ABOVE 1715 TG 1730/1745 SL 1699
BUY TATA STEEL 2 LOTS ABOVE 1277 TG 1289/1301 SL 1264
BUY PETRONET 2 LOTS ABOVE 213.50 TG 215.50/217.50 SL 211
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Russia's attack on Ukraine has pushed both global
and domestic stock markets deep into the red. We do not believe the recent
stock market correction is the right time to buy the drop as we believe markets
have not corrected that much, they are up 100% and down 12-13%. But in terms of
volatility, when you see 10-12% corrections, they tend to correct a bit more.
So we don't want to say that it's a good time to buy. With these geopolitical
tensions, there is a lot of news coming out every hour. So we think people
should wait and see what happens with inflation and see what happens with the
geopolitics of everything. We don't think the time is right to buy the dip.
We think the volatility will continue for a while as we don't think the Russia-Ukraine issue will end anytime soon, at least not in the next month or two. In our February budget, we put crude at around $70-$75 a barrel. Today it's 110 and it looks like it could go up to 130-140. If that were to happen, our budget deficit figure would be completely skewed. It is likely that the currency will depreciate a bit based on this figure. But we wouldn't be surprised if we see a range bound to slightly negative market over the next six to 12 months.
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HINDALCO CASH 1ST TARGET ACHIEVED @ 614.50 BUYING CALL GIVEN FROM 607.50 BOOKED PROFIT OF 3500
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Today, investing in the equity of organized companies is seen as a
potential source of steady additional income. College students, government
employees, small businessmen, people living in semi-urban areas, etc. are
increasingly using stock investing as one of the most important wealth-building
tools. However, there is a segment of people who see stocks as a means of quick
gratification. You indulge in stock trading to make big profits quickly. This
urge to gain a lottery effect through stock investing inevitably leads to
significant capital losses and disappointments.
EQUITY INVESTMENTS: BASIC FEATURES
Take a business perspective: Stock investing
is most profitable when it's almost like a business. Your
investment in a company's stock carries the same risk as the risk inherent in
the company's business. Any economic, social, financial, political and
international changes affecting the company's business would also affect your
investment.
Do not gamble: Because of the
uncertainty of returns, risk is always an integral part of investing in stocks.
Regardless of the uncertainty, you invest because you are confident about the
future and trust in management's abilities. You take a calculated risk and
speculate on the expected return. But if you're investing in a company based on
a tip or intuition, with no knowledge of the company, its operations, or
management, you're gambling.
Do not panic: Don't
panic in the falling markets. Likewise, you should never panic in the rising
market. The most important quality that distinguishes a successful businessman
from an ordinary businessman is the ability to turn unfavorable situations into
opportunities. This is possible if you do not panic in unfavorable situations.
Information is important: Smart
investing requires accurate information. If you want to maximize your return on
investments, you probably cannot afford to ignore changing demographics,
economic policies, tax laws and international developments. If you've been
careful in choosing your advisor, you've done 90% of the job. By charging a few
rupees extra in consultancy fees, a good advisor insures you against losses due
to misinformation and non-information.
Expect a reasonable return: To
be a successful investor, you must be reasonable in your expectations.
Expecting a 25-30% annual return will surely disappoint you. This
dissatisfaction is likely to result in frequent portfolio changes and losses.
BUY TATA CHEM 2 LOTS ABOVE 872 TG 877/882 SL 866
BUY WIPRO 2 LOTS ABOVE 563 TG 568/573 SL 557
BUY INFY 2 LOTS ABOVE 1716 TG 1731/1746 SL 1700