29 June 2008

Replies to the Queries

@ Madhu

As far as the market is concerned,i wont b surprised if there is a fall abt 1000+ (sensex) in the near future;this may happen if the crude oil touches 150-170$,wch seems very much possible now.

So considering this fact and the technicalities of rpower i feel that it may fall to a level of abt 115-125.So my advice to u wud b to wait and follow the market closely.keep the cash wid u,dont invest till there is a greater fall.keep a horizon of atleast 9months.Once the rpower plant becomes operational the stock can trade at the levels of 300+.so be patient with this stock.

@ Santosh

Sorry to hear that bro.But dont b depressed.Millions of retail investors like u,hv lost thousands n perhaps lakhs in this downfall of stocks.But there is a silver lining to this cloud like always.Dont panic and sell off the stocks,now that u hv lost so much of money i wud advice u,not to take part in intra-day trading;or fall pray to the crooks who promise that u can make up for ur losses in one day or two by investing in F&O or intra-day considering the fact that u ll b entitled to greater margins.See these are risky options wid greater inclination to losses in the current situation.So be away from these.

As far as ur losses are concerned i feel u can recover them in a couple of years.The indian growth story is strong enough.It continues to grow at the rate of 8%.remain invested,switch to fundamentally stronger stocks,wch have a lower risk liability.there are no short-cuts.

N i wud advice u to make ur own research n invest accordingly rather than payin lakhs for advices as u hv done already wid no benefit.

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