Query about few stocks from my portfolio

Dear all,

I am pretty new to the share market, but I am sure your valuable guidance will make my life little easier.

I have few stocks in my portfolio, and due to the fall in the market, they are much below my buying price. Now I need to know which one of them should I retain for long term profit and which others I should sell off to get new stocks which will grow in the next growth cycle of the market.

I have the following stocks:

Axiscades: Bought @ 331, CMP 272
JK Tyres: Bought @ 125, CMP 117
Suzlon: Bought @ 27.8, CMP 25-26
Indraprastha Medico: Bought @ 64, CMP 54
Ambika Cotton: Bought @ 950, CMP 904
Selan: Bought @ 288, CMP 267
TV18 Broadcast: Bought @ 40, CMP 37

Please advice which one should I hold and which ones should I sell. And what sectors should I focus while buying?

Looking forward to your replies.

 

What is your investment horizon ?

Axiscades - discussed extensively in forum...if you have stomach hold on but track news

JK Tyres - hold , had a dream run in the last financial year but future looks promising, valuations cheap

Suzlon - hold , turning around with Shangvi at helm , major reduction in debt and foray into solar power

Indraprastha Medico- Not much idea but promoter group (Apollo) is very good

Selan - This stock is touted by many as the value buy/ multibagger in the oil gas sector, I have some concerns though prefer not to share them here, all I can say that in my opinion in this sector scale does matter , definitely look at results this year

Ambika Cotton - discussed in the forum

TV 18 - hold , now taken over by reliance group , fundamentals are poor but the strength of the group is a positive

(hold JK tyres, Axiscades)

 

right now I am looking at a 9 - 12 months time horizon.

 

if you bought them then hold as none of them look too risky with the exception of Axiscades but if you were new to the market then you should have bought blue chips / quality mid caps, stocks in Nifty 50 or BSE 200....none of the stocks are in that list

 

Agreed. I did not know all these when I started. But I am trying to learn everyday. Have to make a proper portfolio diversified in all sectors. As you can see these are impulsive buys either based on reco. But it has been less than a month, hopefully will do better over time.