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NMDC

Discussion in 'Investment Analysis' started by sujan4bw, Jan 5, 2018.

  1. sujan4bw

    sujan4bw Member

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    Hi All,

    Please let me know your views on NMDC. Can we invest with 6months to 1 year horizon.

    Reason:Breakout of key level
    upload_2018-1-5_11-22-28.png

    Sujan
     
    sujan4bw, Jan 5, 2018
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  2. jyotiranjan8605

    jyotiranjan8605 New Member

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    jyotiranjan8605, Jan 5, 2018
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  3. shabbir

    shabbir Administrator Staff Member

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    I avoid PSUs
     
    shabbir, Jan 5, 2018
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  4. ganeshc89

    ganeshc89 Builder

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    yes
    yes you are 100% right about the PSU and how they perform.
    I have seen bank of Baroda.
    Private sector banks running like cheetah and psu sectors like snail no change and also they are not paying dividend.
    and if private sector metal runs 50 rs then psu run only 5 to 8 rs.
    I accept PSU sectors is like golgappa stocks security is their but no return.
    Goa Carbon "i missed it" in 2 years it moves from 90 rs to 925 rs... and in reality stock market is all about identifying this type of stocks and finding a valuable stocks like Britannia.
    ================================================================================================================
    Lupin will boom now i feel so... because now pharma space is stable.
     
    ganeshc89, Jan 5, 2018
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  5. shabbir

    shabbir Administrator Staff Member

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    Hope so. I have taken large position in it at 840ish levels.
     
    shabbir, Jan 5, 2018
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  6. abhijitupsc

    abhijitupsc Contributor

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    The averaging down got me till 910.. Still not bad considering people who bought at around 1200..

    Sent from my Redmi Note 4 using DIY Technical Analysis mobile app
     
    abhijitupsc, Jan 5, 2018
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  7. nirajshah

    nirajshah Champion

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    nirajshah, Jan 7, 2018
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  8. abhijitupsc

    abhijitupsc Contributor

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    Lupin in my opinion is long term story..It all will unfold how well the issue of warning letter gets tackled by management.. Typically it takes a year to see its impacts and the response by company..But in my opinion, the turbulent times are good investment opportunities. So, the answer is affirmative..It has still not got ahead of fundamentals..

    Sent from my Redmi Note 4 using DIY Technical Analysis mobile app
     
    abhijitupsc, Jan 7, 2018
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  9. shabbir

    shabbir Administrator Staff Member

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    I would say in dips but you will need lot of patience and avoid the TV channels for few quarters to keep holding it.
     
    shabbir, Jan 7, 2018
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  10. abhijitupsc

    abhijitupsc Contributor

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    abhijitupsc, Jan 8, 2018
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  11. shabbir

    shabbir Administrator Staff Member

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    For the sake investments, such rides are better not looked at and avoided.
     
    shabbir, Jan 8, 2018
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  12. abhijitupsc

    abhijitupsc Contributor

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    abhijitupsc, Jan 8, 2018
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