E-Investing India - Online Community for Investors and Traders  

Go Back   E-Investing India - Online Community for Investors and Traders > Stock Markets > Individual Portfolios
Read All Rules Contact Site Administrator

Individual Portfolios Share your investment portfolios in this section. However, if you have a query on any particular stock, it is best to post in the "Individual Stocks" forum.

Reply
 
Thread Tools Display Modes
  #1  
Old 29th October 2010, 04:28 PM
Member
 
Join Date: Oct 2010
Posts: 133
Rep Power: 9
ajitpalsingh is on a distinguished road
Default ajitpalsingh's Portfolio



Hi everyone!!

I am new on this forum.

I have just started but have 3-4 years of experience in stock market investing mainly through my father's account.

I might be the youngest here being only 20 years old but I do have a demat account with some decent amount of cash which I earned through freelancing and took the remaining cash from my father.

My net value that I will invest is Rs 4 lakhs plus I will be investing 5-10K per month extra.

I have read a little bit about technical analysis but am not an expert in that field. As far as fundamentals go, I might not be able to compare with Alchemist. Being a science student am not subjected to the terms.

But, I will try my best. Here is my portfolio. I would also like man4urheart and Alchemist to have a look at my portfolio and suggest me value picks which have decent market capitalization. Don't want to get stuck with small caps and smaller mid caps. I will prefer only large caps and decent mid caps which can be potential multibaggers in this booming economy.

Here is my current portfolio:-

1) Coal India applied 98000 i.e. 1 full application (Will sell on listing).
2) Jaypee Infratech 125 shares at Rs 90/- (Will add more shortly)(Long term play).
3) Reliance Infrastructure 10 shares at Rs 1040/- (Long term growth story) (Will add more at appropriate time).

Other shares I am interested in:-

1) Reliance Industries
2) Reliance Power
3) JP Associates
4) TCS
5) Punj Lloyd
6) IVRCL Infrastructure
7) Tata Power
8) Suzlon Energy

Looking forward to your replies!
Reply With Quote
  #2  
Old 29th October 2010, 05:05 PM
Senior Member
 
Join Date: Nov 2007
Posts: 1,793
Rep Power: 1066
man4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond repute
Default

I will strongly recommend to read "Warren Buffett and the Interpretation of Financial Statements" by Mary Buffett and David Clark, before you plan to invest.

The list you identified, you will end up deleting after reading it.

We are near market top, scrips you are interested in are the ones which didn't ran up? Why?
Reply With Quote
  #3  
Old 29th October 2010, 05:46 PM
Member
 
Join Date: Oct 2010
Posts: 133
Rep Power: 9
ajitpalsingh is on a distinguished road
Default

I don't believe that we are anywhere near market top. Even if a correction takes place, it is bound to be small. Long-term India growth story is intact and the amount of money flowing into the market proves my point.

Indian investors have become too pessimistic about stocks and there are clear indications that Indian economy will pick up in coming years. People are just not investing in the markets and this is a good sign for investing for long-term.

Government plans to spend $1 trillion on infrastructure in the next 5 year plan and government will not be short of cash after completing its disinvestment plans and there has been huge retail participation in long term infrastructure bonds.

The money is bound to come back into the markets and especially in the infrastructure sector. Even the FII's are very bullish on Indian markets and according to their analysis, the Sensex will quadruple in the next 10 years.

Now, when you consider Jaypee Infratech stock, the company will complete the highway, early next year and it is bound to complete as all the work is already over. The company will get toll of about Rs 500 crore in FY12 and Rs 1500 crore in FY 13. Now, combine with it the real estate income which will be substantial and will positively contribute towards the company's success.

One thing is very common, just after bad times i.e. recession is over, people are too much behind value picks that they often forget that future growth can come in from new projects.

In the case of Jaypee Infratech, it can bid for future projects. Given, its experience in handling large scale infrastructure projects and its contacts with top politicians, this company is bound to grow. Also, the company has a 10 yr tax holiday. Thus, it will encourage the promoters to bid for more projects in the future. Growth will pick up after 1-2 yrs and during peak madness when everyone will be after stocks after 2-3 yrs, this stock will be easily above Rs 500.

My view was from a long term perspective and therefore I am discounting current valuations which might only be little expensive i.e. Rs 11 K Crore.

Given its steady cash flows, this stock is a potential multibagger form a long term perspective.

Criticism is welcome as it will help me to take better and informed decisions.
Reply With Quote
  #4  
Old 29th October 2010, 09:02 PM
Regular Member
 
Join Date: Jan 2008
Posts: 979
Rep Power: 2340
Atiker has a reputation beyond reputeAtiker has a reputation beyond reputeAtiker has a reputation beyond reputeAtiker has a reputation beyond reputeAtiker has a reputation beyond reputeAtiker has a reputation beyond reputeAtiker has a reputation beyond reputeAtiker has a reputation beyond reputeAtiker has a reputation beyond reputeAtiker has a reputation beyond reputeAtiker has a reputation beyond repute
Default

Quote:
Originally Posted by ajitpalsingh10 View Post
Criticism is welcome as it will help me to take better and informed decisions.
Here I go .

I am not saying that the market cant quadruple in the next 10 years.

But I have some reservations on your reasons.

Quote:
Originally Posted by ajitpalsingh10 View Post
People are just not investing in the markets and this is a good sign for investing for long term.
Here I am totally in favour of your reasoning.

Quote:
Originally Posted by ajitpalsingh10 View Post
Government plans to spend $1 trillion on infrastructure in the next 5 year plan and government will not be short of cash after completing its disinvestment plans and there has been huge retail participation in long term infrastructure bonds.
Govt, especially ours is notorious for huge planning. What was the planned and actual investment in the last 5 year plan?

Don't rely on govt talk.

Quote:
Originally Posted by ajitpalsingh10 View Post
and government will not be short of cash after completing its disinvestment plans and there has been huge retail participation in long term infrastructure bonds.
$1 trillion is a huge amount won't come only from disinvestment.

And more important what do you think the government is using disinvestment proceeds for?

Development purpose or reducing fiscal deficits?

Money from infra bond wont be with the government, but with the institutions which raise the money. These institutions will then lend this money to infra projects.

L&T infra bond is still not subscribed got only 10 crores.

Infra bonds cannot give returns more than long term treasury which currently is 8%.

Why would one invest in infra bonds if it can't give returns more than treasury bills?

Only reason that I can come up with is tax benefit but that too is capped at 20k of investment.

If inflation doesn't get in control, infra bonds won't be lucrative even to retail segment.

Quote:
Originally Posted by ajitpalsingh10 View Post
Even the FII's are very bullish on Indian markets and according to their analysis, the sensex will quadraple in the next 10 years.
History rightly reflects the cleverness in the Bullishness of FIIs.

Don't confuse what FIIs goals/expectations are with those of the retail.

FII are happy if they get returns a few percentage above their cost of money. As the cost is moving towards zero, they have no qualms in flooding the Indian/emerging markets, that doesn't necessarily mean they are expecting Indian market to give spectacular returns. Check out Yen trade for a perspective. Retail like me at the least want returns better than inflation.

Quote:
Originally Posted by ajitpalsingh10 View Post
Don't want to get stuck with small caps and smaller mid caps. I will prefer only large caps and decent mid caps which can be potential multibaggers in this booming economy.
Don't ignore small and mid cap.

Small and smaller mid caps is the place that gives spectacular returns, if one can identify the gems.

As per money control site most of the top ten performing MF are small and mid cap ones.
I agree past results do not guarantee future returns.

Disclaimer: I am no expert but a learner, I learn by questioning .
Reply With Quote
  #5  
Old 1st November 2010, 03:44 PM
Member
 
Join Date: Oct 2010
Posts: 133
Rep Power: 9
ajitpalsingh is on a distinguished road
Default

Thank You Atiker for your comments. I agree with you! But I still believe that it is a good time to buy and will continue to buy some shares.


Recent additions to portfolio:-

1) 100 shares of Balrampur Chini at Rs 87( Investment for 4-5 months. Looking towards a target price of Rs 120)
2) 100 shares of Cantabil Retail at Rs 71(Highly beaten down and should bounce back in coming days. Even if it does not bounce back, it is a good long term investment for 1-2 years.)

My net portfolio:-

125 shares of Jaypee Infratech at Rs 90
10 shares of Reliance Infrastructure at Rs 1040
100 shares of Balrampur Chini at Rs 87
100 shares of Cantabil Retail at Rs 71.
199 shares of Coal India at Rs 232.75(Issue price)[/list]
I guess this will be my portfolio for some time and I will buy only if I see a correction or an appropriate opportunity.

As I am quite young(Just turned 20), I will like other people to comment on my portfolio from time to time and suggest shares as and when opportunities arise. I have been following the stock markets since the May 2006 correction and have followed the markets continuously.

It is only now that I have the courage to invest in the markets and I feel that the sensex can continue to rise from these levels.

My three year target for sensex is 40K. It is not according to technical analysis but according to general intuition that the markets will rise in the coming years.
Reply With Quote
  #6  
Old 1st November 2010, 04:06 PM
Senior Member
 
Join Date: Nov 2007
Posts: 1,064
Rep Power: 758
sudhashbahu has a reputation beyond reputesudhashbahu has a reputation beyond reputesudhashbahu has a reputation beyond reputesudhashbahu has a reputation beyond reputesudhashbahu has a reputation beyond reputesudhashbahu has a reputation beyond reputesudhashbahu has a reputation beyond reputesudhashbahu has a reputation beyond reputesudhashbahu has a reputation beyond reputesudhashbahu has a reputation beyond reputesudhashbahu has a reputation beyond repute
Default

Quote:
Originally Posted by ajitpalsingh10 View Post
...
My three year target for sensex is 40K.
...
Currently the SENSEX revolves around 20K. A target of 40K in 3 years means annual growth of 26%. This is not impossible, but l feel is not very likely.
Reply With Quote
  #7  
Old 4th November 2010, 03:33 PM
Member
 
Join Date: Oct 2010
Posts: 133
Rep Power: 9
ajitpalsingh is on a distinguished road
Default

Added 100 Jaypee Infratech at Rs 88.30
50 Reliance comm 50 at Rs 182
15 reliance industries at Rs 1105
Reply With Quote
  #8  
Old 10th November 2010, 08:54 PM
Member
 
Join Date: Oct 2010
Posts: 133
Rep Power: 9
ajitpalsingh is on a distinguished road
Default

Bought 200 Punj Lloyd at 129.50. Stock zoomed later. Happy to see that. It is currently above 132.

Sold Cantabil Retail at Rs 75. Not being able to break out of the range. If the market corrects, it can correct a lot as it is from Small Cap.

Made a minute profit of Rs 300 on Cantabil after paying the brokerage.

Balrampur Chini is sitting at a 10% profit but willing to hold that stock for higher levels as it looks possible.

I bought Punj Lloyd because it increased from 104 to 145 on high volumes. It decreased from 145 to 125 on low volumes. It has started to go up again on high volumes. This might be the 3rd wave according to Elliot Wave.
Reply With Quote
  #9  
Old 15th November 2010, 01:50 PM
Member
 
Join Date: Oct 2010
Posts: 133
Rep Power: 9
ajitpalsingh is on a distinguished road
Default

Bought 20 Tata Steel at Rs 615.

It is a trading bet with targets of 650-700- higher in 1-2 months.

My entire portfolio is in red.


Hoping for a recovery.
Reply With Quote
  #10  
Old 15th November 2010, 06:02 PM
Member
 
Join Date: Oct 2010
Posts: 133
Rep Power: 9
ajitpalsingh is on a distinguished road
Default

Bought 200 JP Associates as well @ 127.80. Technicals extremely bullish.
Reply With Quote
  #11  
Old 7th December 2010, 03:19 PM
Member
 
Join Date: Oct 2010
Posts: 133
Rep Power: 9
ajitpalsingh is on a distinguished road
Default

Some additions today:-

Bought NHPC 600 shares @ Rs 28.

Bought 10 Reliance @ Rs 1036

Bought 15 Reliance Infrastructure @ Rs 831

Bought 100 Renuka Sugar @ Rs 90.25

Bought 125 Vijaya Bank @ Rs 97.50

Had also applied for Shipping Corporation of India FPO for long term (No flipping game). Will get 215-230 shares and these won't be sold for 4-5 months.

Still have 2 lakhs cash after getting refund from SCI. I will buy only Reliance after it comes down a bit.

No more additions planned except Reliance which I will look to buy at Rs 1000.
Reply With Quote
  #12  
Old 7th December 2010, 05:34 PM
Member
 
Join Date: Nov 2010
Posts: 49
Rep Power: 8
Ravi C is on a distinguished road
Default Gambler or Investor?

Quote:
Originally Posted by ajitpalsingh View Post
Some additions today:-

Bought NHPC 600 shares @ Rs 28.

Bought 10 Reliance @ Rs 1036

Bought 15 Reliance Infrastructure @ Rs 831

Bought 100 Renuka Sugar @ Rs 90.25

Bought 125 Vijaya Bank @ Rs 97.50

Had also applied for Shipping Corporation of India FPO for long term (No flipping game). Will get 215-230 shares and these won't be sold for 4-5 months.

Still have 2 lakhs cash after getting refund from SCI. I will buy only Reliance after it comes down a bit.

No more additions planned except Reliance which I will look to buy at Rs 1000.
An investor is someone who invests once in two years or whenever opportunity arises- eq:- whenever index takes a hit of 25% - 30% or even more than 50% (golden opporunity).

An investor who invests on daily basis is gambler. What analysis is required for gamblers? Keep stop-loss & play number-game.
Reply With Quote
  #13  
Old 7th December 2010, 06:12 PM
Member
 
Join Date: Oct 2010
Posts: 133
Rep Power: 9
ajitpalsingh is on a distinguished road
Default

Quote:
Originally Posted by Ravi C View Post
An investor is someone who invests once in two years or whenever opportunity arises- eq:- whenever index takes a hit of 25% - 30% or even more than 50% (golden opporunity).

An investor who invests on daily basis is gambler. What analysis is required for gamblers? Keep stop-loss & play number-game.
I am buying some good quality shares for a time period of 5-6 months to 2-3 yrs.

I am buying once and will not have time to trade or invest for the next 4-5 months due to college commitments(I am a student).

I am buying stocks which have shown good accumulation and which are fundamentally strong.

I have read the annual reports of most of the companies I am investing.

I have studied the charts of the shares I am investing.

All my stocks are fundamentally strong except Punj Lloyd and sugar stocks.

So, how can I be called a gambler?
Reply With Quote
  #14  
Old 7th December 2010, 08:20 PM
Member
 
Join Date: Oct 2010
Posts: 133
Rep Power: 9
ajitpalsingh is on a distinguished road
Default

I am no expert and it is difficult for people like me to predict market top and bottom and I don't try to predict it as well.

I just calculate the intrinsic value of shares and if it is available at a substantial discount, I buy the shares.

If the stock which I have purchased appears expensive, I sell the shares.

I don't try to predict top and bottom.

I just try to find undervalued shares.

I am not always successful, but in the past I have been successful a lot of times. This can't guarantee future returns but I guess stock market investing and trading is subject to risks.

One should be prepared to lose the money he/she invests. But, one should hope for the best.

The stocks that I have purchased might fall more but I am in no hurry to take out my investments.

The stocks that I have purchased were available at attractive valuations. They might fall further but my aim is simple, I don't want to predict the bottom but keep averaging at every subsequent fall so that I can get better returns.

Regards

Ajit
Reply With Quote
  #15  
Old 7th December 2010, 10:21 PM
Junior Member
 
Join Date: Oct 2010
Posts: 19
Rep Power: 7
finfree is on a distinguished road
Default

Quote:
Originally Posted by ajitpalsingh View Post
The stocks that I have purchased were available at attractive valuations. They might fall further but my aim is simple, I don't want to predict the bottom but keep averaging at every subsequent fall so that I can get better returns.

Regards

Ajit
Don't average at every fall and for every stock you have. Average say at 20 % drop in price. If you keep averaging in a falling market you will end up putting all our money in one single stock !
Reply With Quote
  #16  
Old 7th December 2010, 10:55 PM
Member
 
Join Date: Oct 2010
Posts: 133
Rep Power: 9
ajitpalsingh is on a distinguished road
Default

Quote:
Originally Posted by finfree View Post
Dont average at every fall and for every stock you have. Average say at 20 % drop in price. If you keep averaging in a falling market you will end up putting all our money in one single stock !
Yes, you are right. I wanted to mention that only but I think I mentioned it wrongly.

I will average at 10% fall in large caps and 20% fall in mid caps.
Reply With Quote
  #17  
Old 8th December 2010, 12:34 PM
Member
 
Join Date: Nov 2010
Posts: 49
Rep Power: 8
Ravi C is on a distinguished road
Default Time Average vs Price Average

Quote:
Originally Posted by ajitpalsingh View Post
Yes, you are right. I wanted to mention that only but I think I mentioned it wrongly.

I will average at 10% fall in large caps and 20% fall in mid caps.
Do time average- eg: invest in three instalments once in nine months; if your stocks is down more than 20% - 30% go for second & if further down by 20% - 30% put third instalment. If your stock has problem, then probably that could have been factored-in within 18 months!

Price average is riskly. Some stocks have lost 90% or more- eg: real estate sector & Ambani Group stocks in 2008, IT stocks in 2000, old economy stocks like ACC in 1992 etc. Then, how long can you average? Some stock never come back eg: Himachal Futuristic.

It is always better to invest in bear market. Even defensive stocks like Pharma, Reliance, Telecom sector, Cement sector, Real-Estate sector also fall in bear market. But, these under-performing stocks (& fundamentally sound stocks) could bounce-back & this bull market heroes like financial & auto (over-valued scripts) may take few years to regain its peak!

Virtually, there is nothing called defensive in stock market!
Reply With Quote
  #18  
Old 8th December 2010, 02:03 PM
San Yad's Avatar
Senior Member
 
Join Date: Apr 2008
Posts: 1,691
Rep Power: 1123
San Yad has a reputation beyond reputeSan Yad has a reputation beyond reputeSan Yad has a reputation beyond reputeSan Yad has a reputation beyond reputeSan Yad has a reputation beyond reputeSan Yad has a reputation beyond reputeSan Yad has a reputation beyond reputeSan Yad has a reputation beyond reputeSan Yad has a reputation beyond reputeSan Yad has a reputation beyond reputeSan Yad has a reputation beyond repute
Default

You still interested to add in more it's nearby your desired price now .

Quote:
No more additions planned except Reliance which I will look to buy at Rs 1000.
One suggestion:

It's always dangerous to leave your stock portfolio unattended. You need to monitor time to time carefully.

Happy Investing!
Reply With Quote
  #19  
Old 9th December 2010, 11:14 PM
Member
 
Join Date: Oct 2010
Posts: 133
Rep Power: 9
ajitpalsingh is on a distinguished road
Default

Quote:
Originally Posted by San Yad View Post
You still interested to add in more it's nearby your desired price now .

One suggestion:

It's always dangerous to leave your stock portfolio unattended. You need to monitor time to time carefully.

Happy Investing!

Frankly speaking, seeing today's cut I am shocked.

I still have 50% cash and will be getting 5-10 k per month. So, I guess I should wait and watch from the sidelines.

So, I still can invest much more but I will wait and watch. If the markets go down to 13k on the Sensex, at least I will be having something to average.

I am on the sidelines for now. If I get a confirmed technical signal that we are about to reverse, I will not be buying any shares.

The best strategy to follow is wait and watch.
Reply With Quote
  #20  
Old 25th December 2010, 10:56 AM
Member
 
Join Date: Oct 2010
Posts: 133
Rep Power: 9
ajitpalsingh is on a distinguished road
Default

Bought 1 share of crisil@6000 after brokerage and 4 shares of icra@ 1265

Bought these shares after reading book on warren buffett.

Man4urheart's post inspired me to read that book.

Next bet can be praj ind. What say man?

Will be adding crisil and icra at a later stage. Maybe 6 months or a correction.

Posting this via mobile and will update the exact strategy after some time.

Will tell the exact reasons for selecting these shares after some days. Don't have computer access for some days.
Reply With Quote
  #21  
Old 27th December 2010, 09:50 AM
Member
 
Join Date: Oct 2010
Posts: 133
Rep Power: 9
ajitpalsingh is on a distinguished road
Default

Sold Balrampur Chini @ 89.60.

Just able to exit with a small profit of Rs 150 after brokerage..

After looking at man4urheart's analysis on his blog, I am trying to exit fundamentally weak stocks.

Holding Renuka for some more time although I have a much better profit on that stock. It is fundamentally much better than Balrampur Chini and I can hold it for 1-2 months more.
Reply With Quote
  #22  
Old 27th December 2010, 10:54 AM
Senior Member
 
Join Date: Nov 2007
Posts: 1,793
Rep Power: 1066
man4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond repute
Default

Quote:
Originally Posted by ajitpalsingh View Post
Bought 1 share of crisil@6000 after brokerage and 4 shares of icra@ 1265

Bought these shares after reading book on warren buffett.

Man4urheart's post inspired me to read that book.

Next bet can be praj ind. What say man?

Will be adding crisil and icra at a later stage. Maybe 6 months or a correction.

Posting this via mobile and will update the exact strategy after some time.

Will tell the exact reasons for selecting these shares after some days. Don't have computer access for some days.
I see you making mistake again!

The price you paid for ICRA and CRISIL is too much!

CRISIL at 6000 is overvalued too much . As per Buffet model and using discount rate of GOI bonds at 8% I was able to value it around 2400!

As well as you are buying both ICRA and CRISIL, you should choose one of them!

PRAJ is a useless company for me. It is a cyclical stock, as well as alternate energy is out of fashion!
Reply With Quote
  #23  
Old 27th December 2010, 12:04 PM
Member
 
Join Date: Oct 2010
Posts: 133
Rep Power: 9
ajitpalsingh is on a distinguished road
Default

Quote:
Originally Posted by man4urheart View Post
I see you making mistake again!

The price you paid for ICRA and CRISIL is too much!

CRISIL at 6000 is overvalued too much . As per buffet model and using discount rate of GOI bonds at 8% I was able to value it around 2400!


As well as you are buying both ICRA and CRISIL, you should choose one of them!

PRAJ is a useless company for me. It is a cyclical stock, as well as alternate energy is out of fashion!
I didn't read about that method of using bonds.

But, I personally feel that Rs 2400 is impossible on CRISIL because when recession was at its peak, it went down to Rs 2200 only.

Earnings were lower at that time and future prospects were looking bleak because financial markets were under performing.

6000 is expensive but it can acheive much higher levels. Keeping my mind open for a correction; I bought just 1 share, just in case it does not come down.

Earnings can grow at a rapid pace and then this price will be cheap 2 years down the line.

In 2007, it was trading at a pe of 50 or more but earnings growth has made even that price look cheap now.

I might be wrong.

Reason for buying both the stocks, CRISIL is well established but ICRA has more growth potential. Wasn't able to decide, therefore partitioned my money between the 2 stocks.
Reply With Quote
  #24  
Old 29th December 2010, 08:56 AM
Regular Member
 
Join Date: Apr 2008
Posts: 929
Rep Power: 1284
paran has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond repute
Default

Quote:
Originally Posted by ajitpalsingh View Post
Posting this via mobile and will update the exact strategy after some time.
I have been reading your posts. I have one comment and don't know whether Alchemist would leave this post and spare me without infraction.

But still I want to convey to you that:

If you are not rich already, concentration on your study would give you much higher return than stock market. I mean the return you get from the stock market during your education time.

From my experience, stock market is a definite distraction of concentration.

Somebody may not agree with this point and argue with some examples. Everybody can't be Buffett. At the end of the day "choice is yours".

Last edited by paran : 29th December 2010 at 09:08 AM.
Reply With Quote
  #25  
Old 29th December 2010, 10:08 AM
Regular Member
 
Join Date: Jan 2008
Posts: 526
Rep Power: 15
InvestorB will become famous soon enough
Send a message via Skype™ to InvestorB
Default

Quote:
Originally Posted by paran View Post
I have been reading your posts. I have one comment and don't know whether Alchemist would leave this post and spare me without infraction.
You know you can PM him. .
Quote:
But still I want to convey to you that:

If you are not rich already, concentration on your study would give you much higher return than stock market. I mean the return you get from the stock market during your education time.

From my experience, stock market is a definite distraction of concentration.

Somebody may not agree with this point and argue with some examples. Everybody can't be Buffett. At the end of the day "choice is yours".
If he is able to do both. why not? He seems to be really good at this. Shouldn't give it up.

Just manage time - sounds easy .
Reply With Quote
  #26  
Old 29th December 2010, 12:49 PM
Member
 
Join Date: Oct 2010
Posts: 133
Rep Power: 9
ajitpalsingh is on a distinguished road
Default

Quote:
Originally Posted by paran View Post
I have been reading your posts. I have one comment and don't know whether Alchemist would leave this post and spare me without infraction.

But still I want to convey to you that:

If you are not rich already, concentration on your study would give you much higher return than stock market. I mean the return you get from the stock market during your education time.

From my experience, stock market is a definite distraction of concentration.

Somebody may not agree with this point and argue with some examples. Everybody can't be Buffett. At the end of the day "choice is yours".
I guess you are right.

I am an engineering student and we have regular exams. Stock market is a distraction. But, I just love it.

After my engineering, I would like to enter into investment field. Just don't want to continue with IT.

Thanks for the suggestion and I totally agree with you.

EDIT: I forgot to mention that I always like to take the road less taken. Each and everyone is running after an IT degree and competition is severe.

Last edited by ajitpalsingh : 29th December 2010 at 12:56 PM.
Reply With Quote
  #27  
Old 29th December 2010, 01:51 PM
Regular Member
 
Join Date: Apr 2008
Posts: 929
Rep Power: 1284
paran has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond repute
Default

Quote:
Originally Posted by InvestorB View Post
You know you can PM him. .
We never know how many students are reading this forum. .

Quote:
Originally Posted by ajitpalsingh
Stock market is a distraction. But, I just love it.
That is the problem I too face though not a student. .

Last edited by paran : 29th December 2010 at 01:57 PM.
Reply With Quote
  #28  
Old 4th January 2011, 03:33 PM
Member
 
Join Date: Oct 2010
Posts: 133
Rep Power: 9
ajitpalsingh is on a distinguished road
Default

Added 60 PSB @ 128 and 100 Vijaya bank @ 98.35.

Bullish about the banking sector!!

My technical analysis says that we are headed for new highs much before budget.

Maybe, we can touch new highs in January itself.

Want to add more shares but all have run up quite a lot.

RIL is above 61.8 resistance today. Good bet for 1-2 months. Good bet for people trading in futures and who have a low risk profile. I don't want to take more exposure in the stock and I don't have the capital to trade in futures.
Reply With Quote
  #29  
Old 5th January 2011, 06:47 PM
Member
 
Join Date: Oct 2010
Posts: 133
Rep Power: 9
ajitpalsingh is on a distinguished road
Default

Bought nifty futures 1 lot @ 6142 all inclusive.

Target- 6500.

Stop loss 6000 on index

It is February futures.

Let's see what happens.

This is my first futures trade.

Max loss possible- 140*50 -7000.

Profit on achieving target- 360*50- 18000.

Let's see!
Reply With Quote
  #30  
Old 7th January 2011, 02:00 PM
Member
 
Join Date: Aug 2010
Posts: 80
Rep Power: 7
superman is on a distinguished road
Default

^^Stop Loss reached.

Still holding it ?
Reply With Quote
  #31  
Old 7th January 2011, 02:17 PM
Member
 
Join Date: Oct 2010
Posts: 133
Rep Power: 9
ajitpalsingh is on a distinguished road
Default

Quote:
Originally Posted by superman View Post
^^ Stop Loss reached.
Still holding it ?
I have moved the stop loss to 5900.

I will definitely end up in loss.

I am waiting for a bounce back to 6050 which looks possible. I might sell in between.

Forgot to mention that 61.8 level of previous rally is just above 5900. Therefore, it might act as a good support. A breach of that level and I will surely exit.
Reply With Quote
  #32  
Old 7th January 2011, 03:15 PM
Member
 
Join Date: Oct 2010
Posts: 133
Rep Power: 9
ajitpalsingh is on a distinguished road
Default

Quote:
Originally Posted by ajitpalsingh View Post
I have moved the stop loss to 5900.

I will definitely end up in loss.

I am waiting for a bounce back to 6050 which looks possible. I might sell in between.

Forgot to mention that 61.8 level of previous rally is just above 5900. Therefore, it might act as a good support. A breach of that level and I will surely exit.
Sold at 5965.

Close to Rs 9.5k Loss.

No one to blame. It was my fault.

But, I was shorting stocks intraday and earned close to Rs 6000.

So, net loss reduced to Rs 3500.

But, still it feels bad. I guess investing is much easier than trading.

I had read John Murphy's book on trading and was over confident. I will make sure from next time that my mind is away from trading.
Reply With Quote
  #33  
Old 7th January 2011, 08:04 PM
Member
 
Join Date: Sep 2010
Posts: 129
Rep Power: 7
niki_baroda is on a distinguished road
Default

Quote:
Originally Posted by ajitpalsingh View Post
But, I was shorting stocks intraday and earned close to Rs 6000.
.
Which stocks you short ? How much Money you reserved for earning of 6000 for shorting ? Request you to elaborate your intraday details what you shorted today ? It will be good for analysis purpose for others.
Reply With Quote
  #34  
Old 10th January 2011, 01:42 PM
Member
 
Join Date: Oct 2010
Posts: 133
Rep Power: 9
ajitpalsingh is on a distinguished road
Default

Quote:
Originally Posted by niki_baroda View Post
Which stocks you short ? How much Money you reserved for earning of 6000 for shorting ? Request you to elaborate your intraday details what you shorted today ? It will be good for analysis purpose for others.
That day, Renuka was at 97. It went down to 96. I short sold 1000 shares. Target was 93. It went down to 92.10 and then started to increase.

Reason for shorting- Next major support was @ 92 and it was looking weak.

Then it increased to 93.50 and at that point I shorted another 1000 shares. Sold them at 91.50. It went further down.

I had some losses on Vijaya bank as well which went up and hit my stop-loss.

Similarly, I shorted reliance infra as well and earned decent profit because next support was @ 830. Price was 870 when I shorted.

After considering losses and brokerage, my net profit was 6134.xx

But, my loss on index long position was more as mentioned earlier.

Therefore, it was net loss.
Reply With Quote
  #35  
Old 10th January 2011, 04:44 PM
Senior Member
 
Join Date: Nov 2007
Posts: 1,793
Rep Power: 1066
man4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond reputeman4urheart has a reputation beyond repute
Default

Very Nice!

A beautiful case of over trading.

If you could have stuck to just one position at a time you would had fun and made money!

Case of missing discipline!
Reply With Quote
  #36  
Old 12th January 2011, 05:50 PM
Member
 
Join Date: Oct 2010
Posts: 133
Rep Power: 9
ajitpalsingh is on a distinguished road
Default

I am thinking of exiting various stocks tomorrow.

Renuka for a small profit.
Vijaya for small loss.
RIL partial exit for small loss.
NHPC small loss.
Icra for small loss
Crisil for small profit

I might also short nifty at 5880 tomorrow if it fails to sustain at those levels after touching it with stoploss at 5950.

I am anticipating a fall to the lower value of the channel which went on for one year. Can't attach the chart. But, all of us know about that channel.

That channel is at 5050 currently and might be at 5150 by the time we fall. So, that is my lower level that I am targeting which might present a great opportunity to buy.

Looking to get into as much cash as possible.

Last edited by ajitpalsingh : 12th January 2011 at 06:02 PM.
Reply With Quote
  #37  
Old 12th January 2011, 07:52 PM
Member
 
Join Date: Sep 2010
Posts: 129
Rep Power: 7
niki_baroda is on a distinguished road
Default

Quote:
Originally Posted by ajitpalsingh View Post
I am anticipating a fall to the lower value of the channel which went on for one year. Can't attach the chart. But, all of us know about that channel.

That channel is at 5050 currently and might be at 5150 by the time we fall. So, that is my lower level that I am targeting which might present a great opportunity to buy.

Looking to get into as much cash as possible.
On what basis/parameter you are thinking that Nifty will touch 5050/5150 level, In fact today market bounce back, I am asking as i am confused that shall I buy new shares or shall I sell those are in little green zone. My overall portfolio never come back in green zone after 2008 crash.
Reply With Quote
  #38  
Old 12th January 2011, 08:18 PM
Senior Member
 
Join Date: Dec 2007
Location: Kolkata
Posts: 1,221
Rep Power: 4162
Prudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond repute
Default

Quote:
Originally Posted by niki_baroda View Post
On what basis/parameter you are thinking that Nifty will touch 5050/5150 level, In fact today market bounce back, I am asking as i am confused that shall I buy new shares or shall I sell those are in little green zone. My overall portfolio never come back in green zone after 2008 crash.
Any Midcap dominant portfolio bought around 2007-2008 peaks will be still in red definitely. Classic example : JM Basic Fund.

Take a quality call based on fundamentals, book losses and start collecting good stocks in small quantities.

It's very difficult to time the markets, it will be better to buy into dips in a phased manner.
Reply With Quote
  #39  
Old 13th January 2011, 01:36 PM
Member
 
Join Date: Oct 2010
Posts: 133
Rep Power: 9
ajitpalsingh is on a distinguished road
Default

Quote:
Originally Posted by niki_baroda View Post
On what basis/parameter you are thinking that Nifty will touch 5050/5150 level, In fact today market bounce back, I am asking as i am confused that shall I buy new shares or shall I sell those are in little green zone. My overall portfolio never come back in green zone after 2008 crash.
I don't have any proof. My technical analysis says that we are headed lower.

But, I have been wrong several times. You would be knowing that I am not an expert and I am in learning mode currently.

But, as far as my technical analysis goes, we are definitely headed lower.

I missed the opportunity to short today morning.

Now, I will short on breach of 5700 with stop-loss being 5750.
Reply With Quote
  #40  
Old 14th January 2011, 10:41 AM
Member
 
Join Date: Oct 2010
Posts: 133
Rep Power: 9
ajitpalsingh is on a distinguished road
Default

Shorted 1 lot feb futures at 5755. Stoploss 5800.

I am targeting 5600 or even lower.
Reply With Quote
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
HB Portfolio nils_gate Individual Stocks 1 22nd November 2010 08:32 AM


All times are GMT +5.5. The time now is 04:53 AM.


Powered by vBulletin® Version 3.6.8
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.6.0
Ad Management plugin by RedTyger