The market correction has thrown a fantastic opportunity to build a MINI REAL ESTATE PORTFOLIO OF BANGALORE BASED COMPANIES.
The companies are 1) Prestige Projects (FV 10 - CMP 120), 2) Brigade Enterprises (FV 10 - CMP 92) and 3) Nitesh Estates (FV 10 - CMP 25). All these 3 shares are Rs 10 paid up Face Value, and all are available well below their IPO prices.
All these companies are among top real estate companies of Bangalore, with Prestige and Brigade having a standing of more than 15 years, though Nitesh Estates is comparatively a recent entrant into the market.
BUY 100 shares each of Prestige and Brigade, and 300 shares of Nitesh, OR in similar multiples/ratio, depending on the size of your portfolio. All these companies shares will double in a period of 12-18 months, and whenever the share prices double, DO SELL 50%, MAKE BALANCE 50% FREE, and HOLD FREE SHARES for long, long term.
kadiyali.
The companies are 1) Prestige Projects (FV 10 - CMP 120), 2) Brigade Enterprises (FV 10 - CMP 92) and 3) Nitesh Estates (FV 10 - CMP 25). All these 3 shares are Rs 10 paid up Face Value, and all are available well below their IPO prices.
All these companies are among top real estate companies of Bangalore, with Prestige and Brigade having a standing of more than 15 years, though Nitesh Estates is comparatively a recent entrant into the market.
BUY 100 shares each of Prestige and Brigade, and 300 shares of Nitesh, OR in similar multiples/ratio, depending on the size of your portfolio. All these companies shares will double in a period of 12-18 months, and whenever the share prices double, DO SELL 50%, MAKE BALANCE 50% FREE, and HOLD FREE SHARES for long, long term.
kadiyali.
Holding Nitesh...in big losses...what shall i do ??
ReplyDeleteneelima, average Nitesh, add Brigade and Prestige - all are investment grade companies. Market correction has given a very good valuation for investors, thanks to partial FIIs withdrawal from overall Indian market. Once budget is announced, we will see the FIIs bee-line once again.
ReplyDeleteNileema ji you and ganapat assured us that you will form a group to discuss market strategy. may i know what happend to that?
ReplyDeletepl make me member of the group as i want to trade daily.
Averaged Spice JET today....its almost half price from my earlier buy :(
ReplyDeleteneelima, despite big fall in nifty, some of our shares are still holding. See Colgate, Hatsun, Gitanjali, Arvind, Subex etc.
ReplyDeleteWhere we have notionally lost, it is better to average and increase the holding.
MRF, Provogue, Balaji, Eveready are all to be averaged.
Did u mean to say that Spice Jet was not to b averaged then...i did that coz it dipped like anything nd by averaging i cud bring my buy substantially down. have u downgraded SPICE amongst your recommendations ??
ReplyDeleteDo reply
neelima, Spice too has to be averaged. It is good for long term with a possible target of 300 in 3-5 years.
ReplyDeleteThx for the booster...holding 400 Spice now for ur target. hope it comes soon. I m not having ne of IFB....cud it b bought at cmp for long term or trend wud b better ??
ReplyDeleteWhat about GITANJALI....as told earlier i failed to book profits at the highs of around 400 nd cud come out with small gains. bought again in a small quantity @ 178...still holding...it is in good upside today...what the advice...hold or exit. what levels r adviced to take a fresh entry if it has to b.
ReplyDeleteNileema ji, yesterday i bot 5500PE at 28 and sold today at 66. now i am looking at 5400CE around 50-60. what say?
ReplyDeletebot one lot of 5400CE at 66.
ReplyDelete@ Sarvana....OK...all d best !!
ReplyDeleteNileema ji, i have just now booked profit in 5400CE at 83, and bot 5500PE at 53.
ReplyDeleteOK...even i have bought 1 lot of 5500 PE but slightly higher :(
ReplyDeleteSUN TV....is it a buy at cmp ?? Or a risky bet :(
ReplyDelete@ Kadiyali Sir...cud u reply plzz...I guess I lost d oppurtunity to enter IFB...up 7 % today
ReplyDeletePlzz reply d above queries.
Nileema ji, i came out of 5500PE at 54, and entered 5700CE of March at 63.
ReplyDeleteyou also do the same as i expect nifty to go beyond 5500 today.
lets see
ReplyDeletekadiyali ji, i am holding 5700CE of march at 63, pl guide what to do?
ReplyDeletehi all, here is a successful trading strategy which one of my friend gave me today.
ReplyDeletei was holding 5700CE of march at 63, and was in trouble... my friend told me to play f&o only with hedge. as per his advice instead of selling 5700CE, i went for 2 lots of 5400PE of feb at 21 as a HEDGE.
can you believe i sold 5400PE 2 lots at 100 on an average today??? i am now holding 5700CE of march free of cost...
i am holding a one page write up on hedging options given by my friend... those who want a free copy of the same, email to me at koundam@rediffmail.com
Saravana,
ReplyDeleteHedging is a must not only for options trading but for Future also.
Since we are playing only with 8-10% stoploss, that's why hedging was not done. Otherwise, playing in FNO without hedging (naked position)is dangerous.