ITC is expected to start very slow uptrend from current level. However do remember that the uptrend will be very slow and somewhat erratic/zigzag type. so invest only if you have patience.
Coal India, Gail and NMDC are expected to remain dud for some more time.However if you want to accumulate with 9 months angle .small investment in PSUs can be made.
No bright future is expected for any PSU stocks in next few weeks. Coal india is also affected by such negative sentiments for some more time. Donot invest more to reduce your Padtar.
Hold. Once the initial selling is exhausted, the scrip is expected to show strong rally just like HDFC AMC.
The company has liquidity issues and due to slow economy, the execution of the projects and payments are getting delayed. The scrip hence is showing weakness and is expected to show weak trend for some more weeks.
Apart from fundamentals, the investors have to bear with Games played by the operators as in the case of Chemcon.
In this IPO listing, we witnessed a different game played by Operators, where huge selling was seen on listing day. The company has strong fundamentals as seen in its RHP. So You may continue hold the same for 6/9 months and by then strong uptrend is expected because of its fundamental strength.
As per the current movements, the scrip has completed correction and is expected to show slow and steady uptrend. So you may enter the scrip with 6/9 months angle.
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CDSL now at Rs. 482 is in slow uptrend and you may hold the same for higher profits.
Not much hope for PSU scrips like Coal India, NMDC, Gail. However if you can hold for many months, then you can invest.ITC is expected to bottomout and start uptrend.
Strong uptrend for IT shares and even this scrip.Hold