India Broadband Forum

Admin · 08-06-09, 08:30 PM

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

just4kix · 08-06-09, 10:45 PM

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:

08-07-09, 08:53 PM

@ 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.

mickey · 08-07-09, 08:56 PM

lets hope, i dont like shares...

sridhar_gurunath · 08-08-09, 07:48 AM

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....

08-08-09, 12:09 PM

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.

08-10-09, 05:26 PM

Quote:

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 +

08-11-09, 09:08 AM

sad, stock fell to 81.20 .....

08-11-09, 09:09 AM

Oh no !

08-11-09, 01:37 PM

Currently trading around 84.50

View Poll Results: What do you think about my move to buy Suzlon Energy Ltd with all the money I had at
Admin has gone nuts and this s a stupid move	2	28.57%
You have made a great move and will make a profit of 25% + within this month	3	42.86%
Exit asap	0	0%
Book profits at 105 as the resistence is too strong to be broken any time soon.	2	28.57%
Voters: 7. You may not vote on this poll

08-06-09, 08:30 PM	#1
Admin Join Date: Jan 2006 Location: Toronto Age: 32 Posts: 4,607 Rep Power: 13	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 __________________ New Contest

08-06-09, 10:45 PM	#2
just4kix Platinum Member Join Date: Dec 2007 Location: Pune Posts: 9,219 Blog Entries: 6 Rep Power: 21	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: __________________ * Never argue with an idiot * All my useful articles and Guides \| My Movie Collection \| Moser Baer Movies ------------------------------------------------------------------------------------------- Last edited by just4kix; 08-06-09 at 10:45 PM. Reason: Automerged Doublepost

08-08-09, 12:09 PM	#6
rajan1311 Guest Posts: n/a	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. Last edited by rajan1311; 08-08-09 at 12:09 PM. Reason: Automerged Doublepost

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08-07-09, 08:53 PM	#3
Dragon Guest Posts: n/a	@ 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.

08-07-09, 08:56 PM	#4
mickey Senior member Join Date: Jan 2009 Location: Uttarakhand Posts: 4,252 Blog Entries: 3 Rep Power: 10	lets hope, i dont like shares...

08-08-09, 07:48 AM	#5
sridhar_gurunath Junior Member Join Date: Jul 2008 Location: chennai Age: 21 Posts: 27 Rep Power: 2	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....

08-11-09, 09:08 AM	#8
rajan1311 Guest Posts: n/a	sad, stock fell to 81.20 .....

08-11-09, 01:37 PM	#10
Dragon Guest Posts: n/a	Currently trading around 84.50

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