Thread: Suzlon Energy Ltd

I am sure there are a lot of investors on this forum so I would like some advise..

I sold off every thing today and bought Suzlon energy ltd with all the money I had at Rs92.50 ...

By the way I had a hell lot of Ugar sugar which I sold off at 26.60 before the fall today and EID parry as well along with a few others but these were the major holdings I had so I am out of them all together and totally invested in suzlon @92.50

What do you guys say? is it going to keep falling (I dont have any cash left to average out in that case) and I dont have a stop loss either as I am prepared to wait for as long as it takes to come out of it..

What are the chances of seeing the 128 level this month?


Also if you feel its too much of a hassel replying please feel free to cast your vote and that should put your message across

I don't keep a track of the stock market. So I wouldn't know what to say.

I am somehow not in favour of putting all the eggs in the same basket. It may pay off but the risk is very high indeed. Unless, you have some inside information. :sneaky2:

@ Admin, think both of us are sailing in a similar boat, the only difference is that you're running a Titanic while I am yacht.

Got few at very high rate around 120+, then average it later by buying the stock at around 92, still the average is around 100, hopefully we will get to see a good level atleast 120+ soon.:thumbup:

Voting for option 2 but not sure if this will happen within month.

lets hope, i dont like shares...

fundamentally suzlon is a weak stock.. its traded on technical calls..
the sector which it operates is good... power generation through wind mill,manufacturing those equipments... it stands 5th in the sector internationally.. it has made international acquition too,,,it is high beta stock...

recent results were disaster for the company.. better hold long...since fundamentally weak stock.. if markets falls, it too will fall since there is few support level....

Admin, i m not a market guru, but i dont thik it will get to the 120's anytime soon. I hope i m wrong.

I voted 1
Not bcos this is a bad move, but expecting to to grow 30% in such short time seems a lil out of reach.

Just hold on for long term as its 52 week high was Rs245 !! So hope in another year or so, u will get somewhere near that. Also, if u can, i would suggest u buy some AMD shares too.

Originally Posted by sridhar_gurunath

if markets falls, it too will fall since there is few support level....

That's true, but its not gaining point even the market is rising.

P.S: Bought few more today for a reasonable average, but still 100 +

sad, stock fell to 81.20 .....

Oh no !

Currently trading around 84.50

keep track:
Suzlon Energy Stock Price, Suzlon Energy F&O Quotes Bids Offers

Suzlon is 82.10 doing pretty well as opposed to expectations of it falling well below that mark... go suzlon go


I am very positive on this market and it all looks like a little correction before the upmove continues I might be wrong but thats what I am betting my money on.

Another stock I have put some money on today is Network 18 @ 98 about 5 mins ago

My mid term target for network 18 is Rs173


For Suzlon I will book some profit at 128 but my long term target is 1800-2200 Rs

long term as in within three years Just need one major deal and Suzlon will shoot through the roof... I might be wrong but dreaming doesn't cost too much

The day crude oil touches $140 mark even on an intra day basis suzlon will shoot through the roof shouldnt be too long... just need this resession crap to settle down a bit and wait another year after that and all this within the next 3 years

hopefully!

Originally Posted by Admin

For Suzlon I will book some profit at 128 but my long term target is 1800-2200 Rs long term as in within three years Just need one major deal and Suzlon will shoot through the roof... I might be wrong but dreaming doesn't cost too much

Originally Posted by Admin

The day crude oil touches $140 mark even on an intra day basis suzlon will shoot through the roof shouldnt be too long... just need this resession crap to settle down a bit and wait another year after that and all this within the next 3 years

thanks Admin for sharing such stuff. Good luck!

P.S: Will really appeciate if you could continue putting your thoughts/tips over here. Thanks.

Originally Posted by Admin

The day crude oil touches $140 mark even on an intra day basis suzlon will shoot through the roof shouldnt be too long... just need this resession crap to settle down a bit and wait another year after that and all this within the next 3 years

hopefully!

Then y don't you buy some more suzlon now ? I mean its lower than what you had got it for initially.

basic commandment of the sotck market :
Never put all your eggs in one basket

Originally Posted by panchabhut

basic commandment of the sotck market :
Never put all your eggs in one basket

So mutual funds are the way to go eh ??

Originally Posted by rajan1311

Then y don't you buy some more suzlon now ? I mean its lower than what you had got it for initially.

I have got enough Suzlon at the moment and averaging out theory comes into play only when you think that the price you have paid wont be achieved in your investment horizon which is not true in my case.

I picked up Network 18 instead to hedge a little although its not a very smart move and some would even call it idiotic but give it some time

I wont pick more Suzlon untill it has a free fall down to Rs30 something which is highly unlikely the way it held the Rs80 support in the last few sessions

Yeh if 80 support is breached it would get beaten to death and thats when I would start averaging out not untill it is above 80.


PS: I am not advising anyone and do not take responsibility for your losses if you follow my strategy.

Originally Posted by Admin

I picked up Network 18 instead to hedge a little although its not a very smart move and some would even call it idiotic but give it some time

and what are your perspective on this one, short term or long term?

Originally Posted by rajan1311

So mutual funds are the way to go eh ??

mutual funds come with administrative charges.
good only for those who can not keep close watch or can not regularly trade in the market.

Originally Posted by Dragon

and what are your perspective on this one, short term or long term?

This is a 18-24 months game... an upside of 250-500% is very much on the cards as this company will rapidly progress as this recession fades away.

They have got some very popular sites running and are building new ones as well.

For the short term there is a possible upside of 18-25% where one can exit and enter again when there is another 10-15% correction in the indexes as this stock will have a free fall every time there is a little correction in the market.

And I would like to add that not many investors understand what Network 18 is all about and those who do have a good percentage of this stock in their portfolio.

Its a gold mine in the long run.

In my opinion Network 18 is a good stock in the long run and a good buy at current prices.

They have multiple operations from media channels to information providing and a dedicated group of professionals working for them.

Originally Posted by Admin

This is a 18-24 months game... an upside of 250-500% is very much on the cards as this company will rapidly progress as this recession fades away.

They have got some very popular sites running and are building new ones as well.

For the short term there is a possible upside of 18-25% where one can exit and enter again when there is another 10-15% correction in the indexes as this stock will have a free fall every time there is a little correction in the market.

And I would like to add that not many investors understand what Network 18 is all about and those who do have a good percentage of this stock in their portfolio.

Its a gold mine in the long run.

Thanks for the valueable suggestions

Originally Posted by panchabhut

In my opinion Network 18 is a good stock in the long run and a good buy at current prices.

They have multiple operations from media channels to information providing and a dedicated group of professionals working for them.

Suzlon keep trading around 90 - currently 88.15 as of day end.

I think you should exit at 105.

Originally Posted by just4kix

Suzlon keep trading around 90 - currently 88.15 as of day end.

I think you should exit at 105.

My average has come down to 86.4 so I am kind of safe with a stop loss of 78.5