In the current markets, its difficult to take a call for too long. Sectoral preference and fancy seems to be changing very fast. Real estate sector seems to be gathering some momentum, and looks good. Defense seems to have had a good run and looks like a sector that is over owned, and one needs to be choosy about which companies one buys. Auto is a cyclical sector, having a good time, but I don’t know how long it can last.
@harshal_vinayaka I don’t track Affle.
@shubham_juyal I dont track sequent scientific fundamentally. On charts, its too early to say it has bottomed out.
@kk_6091 I don’t track tata elxsi fundamentally. It is a company that has provided phenomenal returns in past few years and then has disappointed… Whenever these kind of situations happen, it takes a long long time for the stock to make a comeback in terms of price performance. There can be the odd dead cat bounces and counter trend rallies, but big money is not made in these kind of names. But it is in these very names most people try to find the next multibagger and get stuck. There can be the odd one or two companies out of ten past big multibaggers which again starts moving fast, but these are exceptions and rare.
@kbsangha I don’t have much idea about Kilburn engg. Or the interesting stuff happening here.
@ram1984 I had a look at dreamfolks some weeks back and the company seemed to be interesting. It comes across as a company which has strong tailwinds and is run by capable people. Valuations seem to be stretched, but companies with recent listings having strong tailwinds will always attract investor and operator interest alike and can move much beyond what they deserve before they fall precipitiously. How dreakfolks does is something I don’t have much clue about, but I liked whatever I read about the company. But I could not bring myself to buy it mainly because I was not too comfortable with the valuations and now with the run up, I find it even more expensive. It seems okay to play momentum, but one needs to be nimble in such positions.
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