I am having few loss making stocks, plz advise

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by Nitinpop, Aug 6, 2015.

  1. Nitinpop

    Nitinpop New Member

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    Hi

    Please advise me on following loss marking entities (stocks) in my portfolio:

    1. ICICI at Rs. 325. Total 370 stocks only.
    2. SBI at Rs. 301. Total 300 stocks only.
    3. Force Motors at Rs. 3150. (recently bought). **Major Investment**
    4. CCL at Rs. 240+ (recently bought).
    5. Pincon Spirit at Rs. 161. Total 1000 only.
    6. ITC at Rs. 341. Very little investment.

    Also i am having Tata communications at Rs. 200. Can i sell it now or still hold it?
    I am having Tata Chemicals at Rs. 412. Should i hold it or sell it?

    Please also advise any stock for 10 years or so.
     
  2. MoneyWorks4ME

    MoneyWorks4ME Active Member

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    Avoid force motors. They have run ahead of valuations. Don't follow analysts blindly. Many of them have vested interests. Its always better to validate https://goo.gl/49aSzI
     
  3. MoneyWorks4ME

    MoneyWorks4ME Active Member

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    PSU banks can be a good bet at this time
     
  4. dineshkapoor27

    dineshkapoor27 Active Member

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    @Nitinpop Force motors has already run up quite a lot so there might be some profit booking. But again I think this is a long term multibagger. You would need to wait for a year to see maybe 5000 on it easily. I am not invested in it, but again that is because I am already invested in other companies. If I had extra cash, then I would had definitely added more on corrections. Also I notice that you have bought most of the stocks at their high point of rally, try to stagger your investments out on corrections.

    Tata Chemicals is a great story to unfold, hold on for 1-2 years. ITC and ICICI are a bit too heavy with their issues, I suggest that you switch to Axis bank or even Yes bank for the future. Dont track the other stocks.

    All the best!
     
  5. krish123

    krish123 Member

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    expect pincon spirits and itc all other are very good bet
     
  6. starry_eyes

    starry_eyes Member

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    Why is ITC not a good bet?
     
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