With the judgement in Arbitration case and now fear of liquidation of Future group companies, the scrip is expected to witness selling and as such the overall market in in down phase, which will also affect Future retail scrip. Yes, sell now to be safe. However around Rs. 61/63, the change in trend is expected.
Buying HDFC life is a good decision. The scrip has declined to Rs. 578 and along with the Market , during next few days, it will also decline. However you neednot worry. It will give you good returns in next 6 to 9 months.Piramal Enterprise is in weak and down trend and will decline slowly.
no fundamental strength
The scrip declined sharply on Friday by Rs. 44. With such fall, it will show weakness for few 2/3 sessions. However banking stocks are in fancy and hence recovery will be fast. Hold without hesitation. Can be accumulated.
All above scrips are expected to show slow uptrend now.Hold
At present all 3 Oil market stocks are showing weak trend. However it is foolishness to sell at such low price. Do retain for few months, to see better valuations.
You must accumulate best scrip in each of the sector. For example, HDFC bank among bank stocks, TCS among IT stocks etc. Do subscribe to our Investment publication Chanakya which will prove very useful in your retirement planning.
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If you are asking for future of the Reliance Naval, I donot have much hope… only possibility being Modi as PM can come to help Anil Ambani and buy this dock and relieve AA.
I donot know whether this can happen, and if yes, when.
If you are long term investor, buy few shares of Tata Motors and then forget for 2 years and you can receive strong returns. However in the next few weeks, the scrip is expected to remain weak.
Most of the scrips are at very very high PE Multiples and it is very risky. We donot like bearish trend and yet after such deceptive run fall … sharp fall is inevitable. So if you are keen to invest, invest with your own funds. Donot use borrowed funds. Yet some scrips such as HDFC Bank, Axis Bank, Reliance, ICICI bank, HDFC life, HDFC AMC are good investment propositions and you may invest in the such scrips.