Markets are in consolidation phase and there is nothing to worry. Bulls are in control and will strike back as when the consolidation is over.
Reliance Petro is also in consolidation mode and when it will move in fast lane is the decisive thing. There are some sources which say that RPL can cross 300 and even touch 350 this month. This is some speculation that is going on in the market and there are already some takers for this if you see the 300 call going around 3 Rs which means there is some possibility of this theory though timing a stock for short term is difficult. However buy at dips and wait patiently in this stock for 1 year atleast. If you are a short term investor then have patience for atleast another 4 months before you get some real profits.
IFCI has touched the F & O limit and so is consolidating. Please continue to hold this till the final news of bidding is out. I expect IFCI to fetch 150 Rs eventually.
Reliance Communication did not perform as expectedly and this was one stock that is lagging behind. This could be due to the issues with DOT and once this is sorted out it should zoom to new heights. Keep an eye on this.
I would like to have your feedback on this blog and very soon I am planning to restrict this to registered users only. Please post your feedback.
Wednesday, December 5, 2007
Market Comments - Nothing to Worry
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37 comments:
Hi Srikanth,
This website information is very useful to me since i m new to this and purchasing as per your guidelines so pl continue the same. I have 45 shares of wipro bought at Rs.507. How long do i need to hold it. i m waiting for teledata. I bought 1000 at Rs.65 average.
Expecting your reply.
Hey Shrikanth, have u considered of havin ur own community on Orkut ???
Hi Vishnu,
Teledata should list very soon. It should list around December 15th at the most.
Please wait for third quarter results for IT companies to move up so that you can exit Wipro.
Thanks,
Srikanth
Hi Srikant,
I m a regular visitor of this site, since past couple of weeks.
I have made some profits too after following your suggestions.Thanks to you.
But why have you suddenly descided to restrict it to registered users?
& if thats the case, I would like to continue reading the blogs...let me know how & where to register? If yu can also tell me how & where can I post my stock related queries?
Thanks a lot,
my e-mail address is
raj.stock@rediffmail.com
Hi Srikanth,
Your information is very useful,based on your website only i have started investing,your idea of restricting users(paid service) is good.
once you make your website restricted, it would be nice if you put a common place for all the questions and answers, instead of giving answers to the people who have asked, so that every one will get benefited and will have good overview of different shares
i have a question , i am holding Teledata 500 shares, if i sell teledata info shares on Dec 10th when it is listed, will i get the other 2 shares (marine and other share)
Thanks
Sanjay
dear srikanth,
this is a very useful blog and please do not stop it, as it will affect new investors like me. it is an extremely valuable blog and I would like to be a registered user, once u restrict the same.
pl. keep up the good work and help investors like me.
god bless you in your good service.
Hi Srikant,
I am a daily visitor to this site, since past 2 months.
I have made huge investments based on your recomondations & gained very good profits after following your suggestions. Hats off to you and Thank you very much.
But you have suddenly descided to restrict it to registered users only?
I want to continue reading your comments on this blog daily. So please let me know how & where to register?
Thanks a lot for helping beginers like me making profits in share market.
my e-mail address is
gnbhat777@gmail.com
Hi Srikanth,
Thanks for ur reply. I have few more queries too. Can i have ur email or orkut id?
mine is varthini2k@gmail.com.
u r doing a great job..i have bought teledata on ur advice..
Hi Srikanth,
Your information is very useful & very much to the point...
What is your objective to restrict your bloog..
thnx for your effort.
Guru
I am a regular reader of your site since last one month. I am very much confidant that RPL and Reliance Natural will give a good return in next one year. I hold a demat account in ICICI Direct. Please help me in calculating my tax liability.My investment in equity will attact 10% Tax for short term and Nil for long term. But what about the income generated from trading in Future Contract and Options. sometimes I trade in Future Contract of RPL and NIFTY. Can I adjust my losses of future contracts in the profit earned in equty for the calculation of Tax payble. Pl help me.
-Shailesh
hi srikant
Your crisp & to the point comments on select stocks says a lot & I must ay that you are doing a great service free of charge!
thank you very much for enlightening us visitors of your blogs!
may god give you more happiness !!
regards
Neeraj
Hi Srikanth,
You are doing a good job, keep it going. Meanwhile let us know about the registration aspect to your blog.
Regards,
Kiran
kiran_kumar_c@rediffmail.com
Srikanth,YOu are providing excelent tips (more accurate)and positive notes to get benefits in the stock market. It is useful for new investors like me.Please continue your excellent contiribution to us
Hi Shrikant,,,
It is a very first link I visit as my day starts.....I dont rely on any other resources otherthan your blogs.... So plz dont restrict us to follow ur awsome suggestions...
thanks
Irfan
Hi Srikanth,
Please make it is registered one or pay service. As we are long time followers of your yahoo groups then this blog. I have been getting benefit to your recomendations. When you were starting as this blog, I was not ok with that decision.. because, the person who read your blog with free of cost not relaize your value. But, as paid members we know.
I suggested to read your blog to my friends who intrested to enter stock market. But they are not taking it serious after reading and they think that is one of the blog in flood of blogs.
So, making restrictions is good decision. What I suggest is please charge atleast small amount for subscription. If you are giving free then there is chance to not realize the value of service.
Best Regards,
Ganapathy
Hi Srikanth, I am reading your blog from few weeks now. Your comments are very useful for small investors like me. Your tips are very good as well. I have not invested yet but plan to as soon as I have some money collected. Which good value stocks would you recommend for small investors with very little investment capacity ? Thank you.
Very good comments
Plz do continue your good work.
You can start an Yahoo group or orkut for some serious related discussions.
Have a great day
Hi Srikanth
please consider my id whenever you decide to restrict the blog to authorised user only
besides that i am a regular reader of ur blogs and i think that ur picks are amazing
I think this is a very good site. We see it on a daily basis for cues.
Hi Srikanth
restricting the blog might not be so good, I suppose let the blog take some more publicity then u can rstrict it in future, Rest you are the owner.
hi sri,please make accessible your blog to smaill and amateur investors like me .
regards
vego
Hi Srikanth,
I found information on this blog to be very useful.I am a small investor.I want to invest 50k in midcap for medium term around 1 year? which stock do you suggest? I want to continue reading it. So please let me know the registration process.
Nice work. Keep it up :).
Hi Srikanth,
again K B Saravanan i bought rnrl 50 shares at 155 now what much amount can i expect for short term in that stock pls advice me and you said that you are going to restrict this site then how can we use your tips pls give details
thanks
K. B. Saravanan
Hi Srikanth,
I've been following your tips for the last 10 days and I should say that your calls have been amazing. Please continue the good work.
Also kindly let me know the process to get myself registered.
Also I have IDBI and Vijaya Bank shares at 173 and 85.25 respectively. What is your call on these two shares?
I await your valuable reply.
Dear Srikanth,
I am one of regular followers of your blog. I find your advise very useful. I have made some quick money out of it and holding onto 6 stocks from the list of stocks posted by you 2 months back. Please continue with the blog.
Thanks.
Nitin
Hi Srikanth,
I am a regular reader of your blog. Please keep up the good work.
I will suggest not to restrict the user by asking them to register.
Rakesh
Hi Srikanth,
Well first of all thanks a ton for your valuable picks. Please do keep up the good work. And please let me know what I need to do to get registered for the site once you restrict the access for registered users only.
Thanks,
Umesh
Hi Srikanth,
Really a nice blog and I love the way you analuze things and explain them.
Is this the right time to buy RPL?
Srikanth, You are showing the way for loads of first time investors like me. I know your advice is valuable. So, I don't mind becoming a registered user. But I guess it would be a good idea if you can delay the inevitable by a few months so that this blog can enjoy even more popularity.
Sri..just keep the blog going as such. You are amazing. I might miss breakfast in a day but not reading your blog each morning..man !! don't even think of stopping it
hi shrikant,
i am a regular reader of your blog. Its so nice of you that you are sharing your good views with the readers and that views are helpful for the stocks they are holding or planning to buy. I would like to ask about sybly ind if you know about it. I have 1000 shares in the price of Rs 15.50. Should i book loss or hold it.
Srikanth,
I am regular reader of you blog. Based on your comments only, i will move forward to buy any shares in the market. You are doing a great job. If you are putting any restrictions, please let us know on how to make use of it.
Thanks.
Hi Srikanth,
your blog is very useful and the I keep your recommendation on watch list I bought Teledata as per your advice and looking forward for more updates from you...
Please let us know well in advance your requirements to register. as usual, a gr8 fan of ur blog. cheers
Hi Srikanth,
I'm regular visitor of your Market comments Blog since past 6months. Since you have plans of making this blog available for registered users. Please let us know when it is going to happen and where and how to register?
Thanks,
Jeevan.
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