Wednesday 15 August 2012

Stocks that you should consider keeping - List 2


In my previous blog I had mentioned couple of stocks that you may consider keeping in your portfolio as prices do not get revisited very often http://analyzestockmarket.blogspot.in/2012/08/stocks-that-you-should-consider-keeping.html

I would like to keep adding to this list more and more either on a daily or weekly basis. The fundamental idea behind that is to say that if NIFTY falls from current levels and then goes all the way down to 4500 to 4300 in Oct or Nov then the stocks that I have listed down will also decline however the % rate at which they will move down when compared to the index is very low

It is because of this reason that you have keep accumulating to such stocks which technically are good in charts

Note: A stock that looks technically good on charts is because of the fundamental factors, performance factors and investors vesting confidence all through out. So do not think a stock that is technically good may be bad. It goes always hand in hand. 

It is like this, more and more people buy a product it justifies one thing that the product is likable in the market and hence the popularity comes next for it. Similarly in stock market reference the more and more investors put money on one stock it shows how confident they are about the management team, the philosophy and the way the company is run to show results and good company is always testified during turbulent times and it shows how it handles it overall both from customer and employee view point and that scores a brownie point in front of investors

List 2

Miscellaneous

V-Guard (vguard - for past 3 years in an uptrend move)

Auto - LCVs/HCVs

Tata Motors - (tatamotors, at trending up for last 3 years in a row)

Private Banks

HDFC Bank - (hdfcbank, trending up consistently for last 3 years in a row)
Kotak Bank - (kotakbank, trending up consistently for last 3 years in a row)
Yes Bank - (yesbank, trending up consistently for last 3 years in a row))

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