Market Crash A Golden Chance to make Solid portfolio for next 10 years via SIP or Direct Equity

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by kharb, Oct 6, 2018.

  1. kharb

    kharb Well-Known Member

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    Market has crashed and even go down further. Almost all portfolios are bleeding. This is very painful to all but specially to those who are in need of cash immediately or soon. But for those who have 10 year or more time on their side need not to panic. They can use this down side in market to make long term Solid portfolio through mutual funds SIP or Direct equity if they have required knowledge. Starting point of this crash has been introduction of LTCG TAX in budget by useless advisors of Govt. Crude is another spoiler. If you want to save for your long term future which is away 10 years or more, you can not only hold on your portfolio of goods stocks but you can slowly accumulate Blue chip at bargain prices or go for SIP of mutual funds. Just for discussion, no recommendation.
     
    Srouta Mukherjee likes this.
  2. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    In my view SIP is good , if it continue for Long Term in good growth oriented Mutual funds or Direct Investments in Equity

    In 2008 Market crash is basically Global problem like Layman Brothers issue mainly and domestic problem like market high valuation zone is another issue and also liquidity crises like Rel Power issue time is also another issue .....

    after 10 years present situation is major problem is at Global and domestic issues in equal force

    International Issues :

    1.Dollar strength
    2. Fed Interest Rate Hike possibility before December 2018
    3.Emerging Markets currency Weakening
    4.USA - China Trade War
    5. Crude Oil Price Hike above 85 US dollars
    6.Iran sanctions start from November 4 th 2018
    7.November onwards Crude prices may reach 90 US Dollars above

    Indian Issues :

    1.Rupee Weakening reached Rs. 73.77
    2.Crude reached 85 US Dollars
    3.Revenue deficit Increasing
    4.Trade Deficit Increasing
    5.IL&FS Issue
    6.Liquidity Crisis in Bond market
    7.RBI RATE HIKE CHANCE IN next 2 months
    8.RBI revised GDP Growth rate to 7.4 for next fiscal year 2019
    9.November State Elections results
    10.Mainly India may face Sanctions from USA in November 15 th due to
    Oil imports from IRAN AND RUSSIAN DEFENSE DEALS
    11.Next Year 2019 may Loksabha elections
    12. Banks and NBFC s are in weak position
    these are all factors analyzing is most vital

    ALL THE BEST
     
    Srouta Mukherjee likes this.
  3. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    100% agreed :)

    100% Agreed :)
     
  4. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    I bought some blue chips stocks like L&T Fin, Minda Corp, Jamna Auto, Rane Holdings. These are v. good stocks for long-term holding IMHO :)
     
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  5. Manmohan Gupta

    Manmohan Gupta Member

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    Friends kindly suggest some good quality stocks which we can start accumulating slowly
     
  6. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    @sroutaji
    your stock selection fully linked with AUTO stocks , in crude oil prices rally ...auto stocks butchered ...so please diversify your portfolio sir ....
     
  7. kharb

    kharb Well-Known Member

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    Market is crashing and portfolios are bleeding. But at the same time I am slowly picking non financial blue chips(as my present portfolio is already over weight in financial and I am selling none except already sold DHFL) ) which will become more attractive at every further decline. No doubt market may correct more and more attractive blue chips will become. Best thing about averaging down Solid Blue chips is that majority of them generally make new life time high every few years. So risk of averaging down is low in Blue chips as compare to small and mid caps. So I shall keep on accumulating them for next Bull Run ,never forget that Market in short term is voting machine (run on sentiments which are bad now) but is weighing machine in long term(Indian companies may continue to do well in long term)
     
    Last edited: Oct 11, 2018
  8. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    MY NIFTY SPOT WEEKLY CHART ANALYSIS ..... FOR EDUCATION PURPOSE
    CLICK ON ATTACHED IMAGE FILE WITH THIS POST FOR FULL IMAGE
     

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  9. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    Dow also reached Mount Everest and creating Jitters is indicating not normal and If next week also dow fall and break 23000,i think 3 black crows pattern , it is a Big Bear Candlestick pattern may form in weekly chart Dow index .... After that Dow may enter into Bear Market
     

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    Last edited: Oct 12, 2018
    Pee Vee likes this.
  10. Pee Vee

    Pee Vee New Member

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    Well said.
     
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